Popular searches
Not sure where to start?Talk to our team about running sovereign AI in your environment.
↑ ↓ Navigate↵ OpenEsc Close
Acordo Certo retires over $10M of consumer debt a month and cut model development time 70% with H2O Driverless AI.
Consumer debt was rising in Brazil, and both borrowers and creditors struggled to find solutions. The market and the data to analyze were large, and Acordo Certo's small data science team was building scoring models with traditional methods. It needed faster, more accurate model development, and results transparent enough for retail and banking partners to trust.
As consumer debt rose across Brazil, both borrowers and creditors struggled to find solutions, and the volume of data to analyze was large. Acordo Certo's small data science team was using traditional methods to build and deploy scoring models. It needed to develop models faster and more accurately, and to make the results transparent enough that retail and banking partners would trust them.
H2O Driverless AI let the small team build new models and scores far faster, using automatic feature engineering, then review the results with machine learning interpretability. That transparency gave partners the confidence to trust Acordo Certo's AI debt scores.
With Driverless AI, Acordo Certo now retires over $10M of consumer debt a month, cut model development time by 70%, and improved model accuracy to nearly 80%. Reading consumer signals about income and willingness to repay before creditors or lenders do has let the company expand partnerships with retail and banking firms recouping outstanding debt.
“We have reduced the time to build and deploy models from about a week to a few days, and improved the repayment model's accuracy to over 76%. This is massive for our team.”André MonteiroFounder and CTO, Acordo Certo
Acordo Certo is Brazil's largest online debt payment and re-negotiation platform. Based in São Paulo, the company was founded in 2015 to transform the debt industry, helping people reduce debt and helping creditors collect in a more seamless and predictable way.