Think data launches platform that guarantees 100% success in queries to the federal revenue service

[muskanislam25]

Developed especially for the financial sector, the “ 100% Federal Revenue ” solution ensures that institutions across the country obtain agility and cost reduction in all checks carried out on the status of a CPF or CNPJ when granting credit.

Serving the country's leading financial institutions, Think Data has observed that one of the main difficulties faced by the credit and anti-fraud market is obtaining the updated (and automated) status of individuals and companies with the Federal Revenue Service. This occurs basically for two reasons:

1) – Constant instability found on the organ platform;

2) – Constant changes made to the portal ( captcha ), aiming to make it difficult for robots to capture these statuses.

Today, any transaction carried out by institutions that are under the supervision of the Central Bank must be based on an advance check of the document status with the Federal Revenue Service. But how can this regulation be complied with given the points previously mentioned? In general terms, the correct process would be to postpone the Lebanon telegram data response to a credit request until the updated status is obtained from the Revenue Service – in extreme cases, companies make the decision based on the situation obtained in a period prior to the decision being made (fee), which is not entirely correct.

In light of this scenario, Think Data , a leading information bureau in the credit industry in Brazil, has developed a platform integrated with the country's main engines, which enables companies to obtain up to 100% success in checking the documents of individuals and companies with the Federal Revenue Service. How does it work?

Fully modular, Think Data 's system allows financial institutions to configure the scenario that best suits their needs. In general, one of the three ways of use can be chosen, detailed below:

Greater Savings : In this configuration, the platform performs checks focused on robots, guaranteeing an average SLA of success in returning 95% of requests.

Greater Stability : This option aims to ensure that all queries regarding the registration status of a CPF or CNPJ occur first via a robot – and only in cases of failure will the checks occur directly via a link with the Federal Revenue Service. This ensures that all requests will be carried out successfully.

Greater Agility ( 100% Federal Revenue ): In the premium model , all queries will be made directly to the Federal Revenue via a Think Data partnership . In this scenario, the engines will receive feedback immediately and with 100% success for all registration status checks performed!

The company currently processes approximately 1 million requests per day, with an average response time approximately 40% faster than the market average. With the “ 100% Receita Federal ” solution, it is estimated that these quantities will almost double, given the increase in requests for credit checks caused by the crisis.