Introducing our new Auto-Acceptance Module. Crafted to streamline the loan approval process.
Upon successful completion of IBV authentication by applicants, this technology automates the entire procedure, making loan approval faster and eliminating the need for manual intervention by the lending agent.
Automated Acceptance
Loan applications are automatically accepted once IBV authentication is successful, offering clients a seamless, wait-free experience.
Reduction of Manual Tasks
Agents experience a significant decrease in manual interventions required for accepting applications, thereby optimizing operational efficiency.
Precise Filtering of Applications
The system ensures that only applications meeting specific, eligible criteria are automatically accepted, ensuring effective risk management.
Broad IBV Compatibility
The module is compatible with multiple IBV services, such as Flinks, Inverite, and Zum Rails, allowing flexible integration with various banking platforms.
Flexible Application Management
Loan applications can still be processed manually by an agent in cases of incomplete IBV or if not all conditions are met, ensuring operational flexibility.
Operations
IBV Signal Integration
- The module syncs efficiently with the IBV client signal
Compatible IBV’s
- Flinks
- Inverite
Acceptance Requirements
- Not previously accepted or rejected
- Meet client similarity rules
- Comply with associated client rules
Steps
External form submission
- Client completes external application form.
- Application instantly appears in Application dashboard.
IBV form filling
- Successful connection of IBV to client’s bank results in automatic acceptance of client’s application
- Application then proceeds to the Document or Validation step (if IBV was the only required document)
IBV form not completed by the client
- Application remains visible on the dashboard
- Agent can manually accept the application at any time
IBV form completed & connected,but does not meet all conditions
- Application still appears on the dashboard with the IBV logo next to the client’s name
- Agent can manually accept the application at any time