Digital Account Check
Simple loan application - maximum security
The German finance sector receives almost 25 million loan applications per year. However, in spite of a variety of optimisations in recent years, there has still been no fully automated process for processing these applications – until now.
We have developed a solution: the digital account check
The digital account check makes the loan application process easier – both online and in the branch. The solution allows the applicant to submit the relevant documentation for the transaction digitally and in real time. This can now be done without any change in media – unlike the old process, which often involved printing out statements, sending them by post and digitising them in the bank where complex checks were performed. This often led to the procedure being cancelled partway through.
The data is now also checked and thoroughly analysed in real time. A recommendation is then provided based on this analysis, allowing you to make a quick, safe decision on whether to accept the application. Your customers will also thank you for granting their loan application so quickly.
Benefits for the lending bank
Secure loan decisions in real time
In-depth, comprehensive analysis of credit rating and credit-worthiness
Provides a basis for deciding whether to accept a loan application
Equally comprehensive analysis for both new and existing customers
Increased conversion rate
No changing between media
No need to digitise submitted documentation
Access to digital account data
Benefits for the applicant
Fast loan decision
Allows fast fulfillment of consumer wishes
Document checking phase minimised
A simple process that allows you to apply for a loan from your sofa
Less hassle collating your personal documents