Century Commercial Bank has introduced a Loan Automation service “Credit X” to facilitate a faster loan process for its customers. The bank collaborated with SB Solutions for the “lending” technology.
The service will automate and digitize the bank’s loan processes such as loan application, internal loan workflow, risk assessment, loan approval, etc.
The bank says it will use Credit X of SB Solutions which will expedite loan processes for its customers. Also read: Nabil FoneLoan Service Starts, QR Merchants to Benefit
Additionally, the system will also help in reducing the risk related to the customers who have taken loans by monitoring the risk parameters within the system.
The company says the system will also help minimize the risk related to the customers who have taken loans by monitoring the risk parameters.
Check out: F1 Soft launches usemobilebanking.com, mobile banking skills
Credit X is a lending automation solution that aims to digitize and automate loan services at banks and financial institutions. It automates credit, origination, and disbursement with risk analysis for customers.
Comment below if you want to learn more about the Credit X loan automation service.