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Financial Risk

What is DigiNext?

DigiNext is a next-generation lending solution that powers truly paperless and physical presence-less banking. DigitNext includes digital solutions for Corporate and Retail lending, powered by Deep Learning and other ML algorithms; enabling banks to streamline the lending workflow, reduce turn around time, improve business volumes and Return on Assets.

Product Coverage

  • Our digital lending solution covers the entire banking product suite including Corporate, SME and Secured and Unsecured Consumer loans.

Modular Approach

  • Each of the features are available as a separate Module or plug-and-play API, providing full flexibility to banks to use the product as part of their lending workflows.

Customer Facing Application

  • Both Corporate and Retail Lending solution provides customer-facing front-end, allowing digital interaction and transaction with the customer.

Our Offering

Corporate

Web application with modules for Lead Management and Market Scoping, Client Digital OnBoarding, Automated Data Flow and Authentication, Automated Financial Spreading, Transaction Flow Management, and Portfolio ...

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Retail

App and suite of pay-per-use APIs for powering journey of retail transactions covering Customer Digital Onboarding, Digital KYC and Fraud Detection, Credit Scoring, Credit Decisioning and Sanction, Documentation and Disbursement...

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corporate-lending-solutions-1586076364-1

Corporate Digital
Lending Solution

Web application with modules for Lead Management and Market Scoping, Client Digital On Boarding, Automated Data Flow and Authentication, Automated Financial Spreading, Transaction Flow Management, and Portfolio Monitoring & Management. The solution covers both Corporate and SME portfolios and is fully customizable as per corporate credit workflow of the client institution.

Module

Lead Management
Module

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Lead Management
Module
  • Web-based application for digital lead generation
  • Easy Registration Process
  • Authenticate data using APIs
  • Qualify leads against default database
  • Market Scoping from digital database

Client Onboarding
Module

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Client Onboarding
Module
  • Custom format: Collect credit application data, in-principle sanction and final sanction letter in lender’s format
  • Standardizes credit analysis process, saving time and operational costs
  • Direct access to the client for easily providing all the data

Automated Data Flow
and Authentication Module

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Automated Data Flow
and Authentication Module
  • Pre-populates customer and credit data from external databases and data providers through API
  • Authenticates data against external data sources, if available in the geography

Transaction Flow
Module

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Transaction Flow
Module
  • Automatic updation of transaction status
  • Continuous communication between borrower and lender
  • Inbuilt chat feature

Portfolio Monitoring
Module

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Portfolio Monitoring
Module
  • Borrower business performance tracking
  • Post disbursement document tracking
  • Dashboards and notification system
  • Actively manage portfolio risk
corporate-financial

Corporate Financial
Spreading App

Financial Spreading App and API automates the process of financial spreading and analysis of non-retail entities using advanced text recognition and NLP algorithms. Customer provides either a digital copy, scan copy or image of its financials. Financial Spreading App then digitizes the financials and maps disparate line items to standardized spreading format of the bank for use by downstream applications such as Rating Tool.

New Age Relationship Management

Android and iOS App to enable Corporate RMs to quickly analyse financials of corporate leads, qualify lead with quick credit scoring and examine public domain data of potential clients.

Fully Automated Process

Significantly reduces turn around time for Financial Analysis.

Plug-and-Play

Also available as an API, the feature can be easily integrated in existing corporate credit workflow.

corporate-financial

Automated Machine
Learning Solution

A solution to empower domain and business experts in banks/fintechs to use AI-ML for creating business values. The technology has proven impact in areas such as credit scoring, target marketing (cross-sell / up-sell), fraud prevention, collections and channel analytics etc. CreditNext smartly makes all technical decisions for you.

rental-digital-img

Retail Digital
Lending Solution

App and suite of pay-per-use APIs for powering journey of retail transactions covering Customer Digital Onboarding, Digital KYC and Fraud Detection, Credit Scoring, Credit Decisioning and Sanction, Documentation and Disbursement.

Application Program Interfaces

api-screen
Biometric Verification API
  • Face, Age, Gender verification for various IDs and against customer selfie/video for Digital KYC
ID Verification API
  • ID Classification and Digitization
  • ID Forgery Checks
  • Database Checks for blacklist etc.
Video KYC and Liveness API
  • Video record of customer acceptance of T&C for non-repudiation
  • Ensure customer presence and consent with Liveness check
Bank Statement Digitization API
  • Fraud checks
  • Automated Analysis covering Income Estimation, Fixed Obligation Estimation, Debt repayment behaviour and Customer Profiling and Score
Fuzzy Pattern Match API
  • Name match between various IDs and database, based on distance measures
SMS Data Analysis API
  • Advanced ML model to profile customer on the basis of SMS data (post customer consent to access transaction data)
corporate-lending-solutions-1586076364-1

Automated Machine
Learning Solution

A solution to empower domain and business experts in banks/fintechs to use AI-ML for creating business values. The technology has proven impact in areas such as credit scoring, target marketing (cross-sell / up-sell), fraud prevention, collections and channel analytics etc. CreditNext smartly makes all technical decisions for you.

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