Device Financing Risk Management platforms manage the process of identifying, assessing, and mitigating the risks associated with financing devices such as smartphones and laptops to customers. This can include analyzing the creditworthiness of potential borrowers, implementing security measures to protect against fraud, managing default and delinquency, and monitoring the performance of financed devices to identify any potential issues. The goal of device financing risk management platforms is to minimize the likelihood of default or loss while also providing financing options to customers who may not be able to afford a device outright.