Solutions
ACP AI-powered Lending
Unlocking the ultimate banking potential with ACP AI-powered Lending
In this current dynamic LendTech landscape, the adoption of AI is reshaping traditional lending operations and legacy systems that are often slow, inefficient, and time-consuming. AI brings a wealth of capabilities to address these challenges and revolutionize banking practices.
ACP’s AI-powered Loans solution enables bankers to improve operational efficiency while prioritizing customer-centric approaches. It facilitates the streamlining of business processes, allowing bankers to refocus their attention on essential strategic endeavors. Through the utilization of AI technology, bankers can delve into customer behavior patterns, thereby facilitating the delivery of tailored and personalized customer experiences.
1/ Customer risk profiling
2/ Micro-segmentation
3/ Face recognition
4/ Identity verification
5/ Content extraction (Payslips, financials)
6/ Scoring and credit eligibility rules
7/ Sentiment analysis
8/ Adverse media
9/ Multi-class automatic decision
Experience disruptive lending innovation with ACP's AI-powered capabilities
Deliver innovative banking excellence and elevate customer satisfaction through ACP AI-powered lending
Ensure a digital onboarding and prompt credit initiation
- AI-powered borrower onboarding and Credit Application
- Automated onboarding and follow-up processes
- Automated monitoring of client limits and efficient risk mitigation
- Automatic Content Extraction (OCE)
- Employ advanced automation systems to identify potential leads, leveraging targeted marketing campaigns, website interactions, and referrals.
- Pushing customized credit offerings, encouraging cross-selling opportunities.
AI-based credit scoring for precise risk assessment and streamlined lending decisions
- Documents and Financial data automatic extraction
- Real-time data integration with external and internal data sources
- Enhanced credit decision quality through integrated new data sources (Adverse media, Sentiment Analysis)
- Innovative ML-based scoring models
AI-based Early Warning Systems for a proactive credit portfolio monittoring
- Build and customize robust and performing Machine Learning pipelines.
- Produce and deploy high-performing AI-Powered Early Warning Signals models.
- Monitor internal & external data quality.
- Ensure a high level of accuracy thanks to powerful AI-based algorithms.
- Automate knowledge extraction and analysis through state-of-the-art techniques such as Natural Language Processing (NLP), Predictive Analytics, Big Data Mining, and Clustering.
- Benefit from new analytical perspectives based on customer performance and interactions.
- Improve delinquency prediction accuracy through changes in customer behavior patterns (tracked, reported, and assigned appropriate severities)
Axe Credit Portal is trusted by
OTP Bank, Moldova
“Axe Credit Portal (ACP) has been productively running since 2017 and we are satisfied with the software performance as well as the service and support quality. In 2021, a successful version upgrade took place to move from ACP v6 to v7 along with the implementation of a new Point of Sales module (POS) to give access to the different types of partners at OTP Bank of Moldova. Thanks to ACP, we have been able to drastically reduce the turnaround time to maintain a high degree of customer satisfaction, as well as enhance our overall credit processes.”
ACP AI-powered Lending
FAQs
What is onboarding and KYC in the credit process?
In the credit lifecycle, the onboarding process refers to the steps taken to welcome and integrate new customers into the lending institution's systems and services after they have been approved for a credit product. This process typically involves verifying the customer's identity, setting up their account, and providing them with the necessary information and tools to effectively manage their credit. Onboarding may include tasks such as collecting additional documentation, explaining terms and conditions, and facilitating the first transaction or use of credit. The goal of the onboarding process is to ensure a smooth transition for the customer while mitigating risk and ensuring compliance with regulatory requirements.
How can loan origination software benefit financial institutions?
An AI-powered digital lending solution, such as ACP, offers numerous benefits to banks and financial institutions, including accelerated loan processing, reduced operational costs, enhanced risk management, improved compliance, and increased customer satisfaction. By leveraging the latest AI innovations to automate manual tasks and integrating with existing systems, ACP empowers lenders to make faster, more informed lending decisions while minimizing risk.
What features should I look for in a loan origination solution?
It's essential to align its key features with your organization's strategic goals and objectives. This means prioritizing innovative, future-proof, and flexible capabilities that can adapt to evolving market demands and regulatory requirements. These features include customizable workflows, automated decision-making capabilities, seamless integration with third-party systems, comprehensive reporting and analytics, and robust security measures. By leveraging these capabilities, your organization can streamline the lending process, improve operational efficiency, and enhance overall business performance.
