Neiman Marcus 2008 Annual Report Download - page 696

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Credit Decision Management (CDM)
1. Usage of 4 distinct Fair Isaacs (FICO) new account scorecard models separated based on the applicant's time on file with the
credit bureau and net fraction revolving burden. Each new account scorecard has different characteristics, point
measurements and cut-off scores associated with overall risk.
2. Customized PaySys System to interface with the FICO Search model to retrieve a credit bureau report and accommodate
cradle to grave application processing was built to stream-line application process and communicate back to the POS or NM
Direct CMOS channels.
3. New account credit bureau reports received from TransUnion contain both an Empirica risk score and a TransRisk New
Account (TRNA) Score for thin file application decisioning. If no Empirica is available, TRNA score acts as primary score.
4. POS Express Application input data populates PaySys screens automatically with name, address, phone, date of birth,
driver's license information, e-mail address and social security number.
5. POS Express Application process to link POS application input to CDM cradle to grave process. Delivery of either the
account number or the application referral number is generated at POS within a 45-second window. On the NM Direct side,
this same process is handled within a 45-second window but through the CMOS channel.
6. As ARMO7 billing records are being updated with last cycle billed data, APTM17 new account cycle assignment for all
CDM types is automatically updated with appropriate next billing cycle to be used.
7. Internal fraud file utilized within the cross-checks process to refer those applicants with matching name, address, phone or
social security number criteria.
8. Authentication pass/fail referral housed within the cross-checks section will indicate to Universal Agents to proceed to
TransUnion website and obtain specific applicant questions and answers related to NM On-line application submission.
[June 2005]
9. Duplicate account referral in cross-checks validates whether subscriber number used to pull bureau report (NM or BG)
already has a trade-line on the bureau for that