Our developers joined yet another bank’s internal development team to help them develop several critical applications. These applications were focused on automated screening of a loan applicant, user authorization, mortgage portal and internet banking. Our long-term involvement helped the bank to shape its future.
Digging deeper
User authentication and mortgage applicant scoring
- Development of an interface that can be used to get reports on user’s accounts and their transaction history across all banks
- The application is designed for tablets at bank’s branches
- Automated scoring of a loan applicant who has an account at another bank
- Implementation of a new method of user authorization to replace authentication using traditional documents
- Gradually implementing the new method in B2C processes, the bank saves time and costs associated with with authentication, manual processing and archiving of submitted documents
Main portal and mortgage management
- Development of the main portal of the bank and expanding it with the new mortgage service
- Implementation of mortgage management module within the internet banking
- Expansion of supported use cases including dashboard and customization according to specifications
- Working on a broad portfolio of retail loan applications
- Development and maintenance of applications for construction savings, savings accounts, credit cards and online account creation
Technologies
Use Cases
Fully online
Apply for a mortgage loan from the comfort of your home.
Apply for a mortgage loan from the comfort of your home.
No proof of income
Authorization of an account the applicant has at another bank though an application
Authorization of an account the applicant has at another bank though an application
Automated real-time scoring
After the authorization, all necessary data are downloaded and the applicant’s eligibility is scored in real time
After the authorization, all necessary data are downloaded and the applicant’s eligibility is scored in real time
Mortgage servicing
Complete several steps to request a mortgage loan (e.g. documents upload, registration into Cadastre of Real Estate, digital signature, etc.)
Complete several steps to request a mortgage loan (e.g. documents upload, registration into Cadastre of Real Estate, digital signature, etc.)
Approval within minutes
The applicant is approved for the loan within minutes and the bank sees exact risk score and can offer more accurate parameters
The applicant is approved for the loan within minutes and the bank sees exact risk score and can offer more accurate parameters
Online mortgage management
Change of drawdown date and conditions, change of an account for repayment, confirmation of paid interest, repayment insurance, etc.)
Change of drawdown date and conditions, change of an account for repayment, confirmation of paid interest, repayment insurance, etc.)
Mortgage dashboard
Displaying a pie chart where the user can see repayment information
Displaying a pie chart where the user can see repayment information
