Digitize credit application
Without IT integration thanks to KreditCheck and LoanValidator
On the basis of Open Banking, many standard banking processes can be made paperless and automated, such as credit application processes, credit worthiness checks and even credit decisions. The results include lower error rates and less manual effort. Nevertheless, some banks are hesitant to implement open banking solutions. The reasons for this are usually fear of high initial investments and cost-intensive implementations in the back-end system.
For this reason, finAPI has developed the KreditCheck, a modular, web-based platform designed as a zero-integration solution. With KreditCheck, the lending workflow can be digitized completely or just in specific parts – depending on the customer’s individual requirements.
No technical integration into the existing IT system landscape is required, as the application runs via a fixed URL. This means it can be easily integrated into the bank’s website or app – including the user interface in the bank’s own look and feel. A useful addition to the KreditCheck is the ‘LoanValidator’. This automatically matches the loan agreements identified during the account check with the reported Schufa loans.
Advantages of KreditCheck and LoanValidator at a glance:
- Digitization of credit applications without IT integration
- A fully automated credit check - from installment loans to real estate financing
- Improving the bank's own risk management through precise financial analysis and increased fraud prevention
- The paperless loan application ensures higher customer satisfaction, the relief of employees as well as higher process efficiency
- As a TÜV-certified provider with BaFin authorization, finAPI offers the highest level of data protection and data security
You would like to learn more to learn more about the digitization of your credit application process? Contact us.
Contact us
finAPI GmbH
Adams-Lehmann-Str. 44
80797 München
Social Media
BaFin
Officially licensed and supervised by the German Federal Financial Supervisory Authority (BaFin).
TÜV certification
