Neuro-ID Introduces
Groundbreaking Source of Real-Time Behavioral Intelligence to Predict Customer
Outcomes and Enhance the Digital CX
First-of-its-kind data
provides a new dimension of customer insight based on neuroscience and advanced
behavioral analytics
San Francisco, CA – Neuro-ID, a leading behavioral analytics provider, today introduced
next-generation customer intelligence with the launch of its NOW Data™ suite of
services. Through a powerful combination of technology, neuroscience, and
prescriptive analytics, Neuro-ID’s NOW Data empowers brands to discover and act
on valuable behavioral data in real-time in order to significantly enhance and
customize the digital customer journey.
As financial services increasingly move to digital platforms,
critical insight derived from direct human interaction can be lost. Neuro-ID
brings this human element back by providing visibility into a customer’s
digital body language and intelligence from digital cues such as click
hesitation, response time, overall speed, etc. Through proprietary technology,
Neuro-ID’s NOW Data surfaces powerful insight about a customer’s intent and
level of engagement in order to personalize and shape the customer experience
as it’s happening.
“The digital experience is broken. Friction-filled processes are
causing your best customers to abandon at critical points in the customer
journey,” said Jack Alton, CEO, Neuro-ID. “Neuro-ID’s NOW Data leverages a
decade of patented research and discovery to reconnect brands with their
customers. This new source of real-time data empowers digital brands to
virtually go on the journey with the customer as it occurs. Our enterprise
clients have leveraged NOW Data to double conversion rates by eliminating
unnecessary friction while simultaneously enhancing their ability to detect sophisticated
fraud and risk.”
“For the past decade as CEO of Credit.com and General Manager at
Experian, I built teams responsible for leveraging multiple sources of data to
create valuable products and to improve the consumer experience,” said Ian
Cohen. “We collected and analyzed many sources of actionable data to best inform
our processes and models. Neuro-ID’s NOW Data is truly disruptive as they are
providing a new source of real-time data to inform the customer journey while
it is occurring. This signals a new era to empower brands to build valuable and
lasting digital relationships.”
Neuro-ID helps financial institutions uncover the full potential
of their data by surfacing a new layer of intelligence. By gathering thousands
of valuable data points, without collecting any personally identifiable
information (PII), Neuro-ID translates a customer’s movements and behavior in
real-time while they interact with a digital application, form, or survey. This
actionable insight is used to predict outcomes such as the propensity that a
customer will accept a loan or abandon a process, positioning brands to treat
their customers with a new level of personalization. Proven to be effective in
informing and improving existing fraud and risk models, NOW Data is also used
to predict verification and screening outcomes, empowering companies to apply
levels of verification suitable to the individual. As a result, the in-session
insight allows companies to reduce unnecessary friction typically experienced
in a digital interaction between a company and their customers.
About Neuro-ID
Neuro-ID is the pioneer in actionable real-time behavioral
analytics that leverages patented software to monitor, analyze and score
human-computer interactions to enhance a user experience as it happens.
Neuro-ID’s NOW Data™ is the first-of-its kind to provide brands with unique
behavioral data directly from their customers in real-time. By collecting and measuring various behavioral
indicators of indecision, state-of-mind, intention and emotion, Neuro-ID's NOW
Data provides a new source of actionable data and personalization for any
digital interaction. Based exclusively on in-session behavioral
data, Neuro-ID calculates and delivers Neuro Confidence Scores using
proprietary models, which are customized to dramatically improve strategies,
decisioning and performance for CX, marketing, fraud and risk. For more
information, visit Neuro-ID.com.
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