Audience
Retail Banking, Corporate Banking, SME Banking, Commercial Banking
About VeriLoan
VeriLoan is an omni-product omni-channel digital loan origination, servicing, and collection solution. It manages the entire customer lifecycle in one CRM platform, covering pre-screening, onboarding, risk and credit review, underwriting, disbursement, and collection. VeriLoan automates retail, commercial, and corporate loan processes from start to finish. The solution enables financial institutions to make fast, consistent, & cost-effective loan decisions within predefined risk margins. It offers straight-through processing (STP), a sophisticated rule engine (InRule), simplified KYC and AML checks, and an advanced eligibility calculator. It facilitates coordination among relationship managers, business line managers, credit analysts, credit committee, credit admin officers, and the operations department. It can integrate with external systems like Credit Bureau for quick risk assessments, KYC, AML, and blacklist checks. Branch Based & Digital & Mobile & 3rd Party Broker Origination
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ABLE Platform
ABLE Platform is a multimodule web software that covers the entire loan origination and loan management processes.
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- Landing page - to attract new borrowers.
- Borrower portal - to serve actual borrowers.
- Self-service portal - to manage the whole enterprise activity.
- Back-office - the core of the platform to manage incoming loan applications, service disbursed loans, configure the loan product catalog, built-in dashboards and more.
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- Initiation of omnichannel application
- Consolidation and restructuring of debts
- Negotiation with customers
- Application decision-making
- Personalized offers
- Automation of the loan disbursement
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- Payday Loan
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- Home Equity Loan
- Auto Loan (Car finance)
- Student Loan, etc
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Integrations
No integrations listed.
Company Information
VeriPark
Founded: 1998
United Kingdom
www.veripark.com
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Product Details
Platforms Supported
Cloud
iPhone
iPad
Android
Training
Documentation
Live Online
Webinars
In Person
Support
Phone Support
Online
VeriLoan Frequently Asked Questions
VeriLoan Product Features
Loan Origination
Audit Trail
Compliance Management
Customer Database
Digital Signature
Document Management
Loan Processing
Online Application
Amortization Schedule
Closing Documents
Fee Management
