Automated Tool (Data Quality Scanner®) Reduced Credit Reporting Discrepancies by 90 Percent

As federal and state regulators increase pressure on data furnishers to ensure the completeness and accuracy of credit reporting data, organizations are spending increasing amounts of time and resources to stay in compliance. The Data Quality Scanner® solution (DQS) leads the industry in quickly and accurately assessing Metro 2® and other NSCRA file formats to ensure accuracy across multiple systems of record. Best of all, unlike other assessment tools, regulators recognize that the DQS provides an independent assessment of data file quality & that augments a furnisher’s quality review.

Read our case study showing how the DQS solution led to a 90 percent reduction in one client’s credit reporting discrepancies.

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Established in 2011, the Consumer Financial Protection Bureau (CFPB) collects, monitors, and processes millions of responses to consumer complaints regarding financial products and services. The

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