Ray Close's Colleagues at Secure Credit Systems
Ray Close's Contact Details
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Washington, District of Columbia, United States
Secure Credit Systems
Ray Close's Company Details
We are on a mission to expand market opportunity, empower more competitive pricing, and reduces incorrect and fraudulent data in the credit markets, all while giving control to consumers over their own financial data. Our blockchain-based platform:- provides a secure way for consumers to share non-traditional financial data by which the bank can make better lending decisions to a broader market- builds trust by putting the consumer in control over their records- drives engagement through two-way communicationWe address the significant security, privacy, data integrity, and convenience shortcomings of existing credit history and credit worthiness services. We live in a world where our personal information has been stolen many times over and where huge companies profit from consumers' data while making it nearly impossible for consumers to exercise control over that data. As many have experienced first-hand, stolen identity and credit data is often used to perpetrate fraud in our names, costing consumers, creditors, and merchants billions of dollars per year and unquantifiable frustration and heartache. The Equifax breach of last year and Facebook's vast disclosure to third parties -- and the constant new revelations as to the breadth of both -- are just two recent examples that have brought the need for change to the forefront. Our goals are to increase consumer confidence in credit data, expand credit worthiness to those currently "unbanked," protect credit data integrity, and combat fraud.