Sales League Table 2020 | Banking Technology Winners

Results Announced!

Stay up-to-date with the latest industry news and analysis.

Subscribe to BankTech Daily News today. Limited time offer.

The Black Swan Opportunity | Get your bank digital ready.

IBSI Special 5 Digital Report Package with Special Offer. Subscribe now

Core Banking Market Dynamics Report 2020

Global analysis of core banking system sales. Subscribe now

Lending fintech CrediTú launches instant mortgage approval

CrediTúChile-based lending fintech company CrediTú has launched an automatic approval system for mortgages in Chile. A first one of its kinds, the system is expected to accelerate the process of mortgage approval in the country.

At present, 95% of CrediTú’s clients are approved in less than 2 days making them the fastest service provider in the Chilean financial market to date, according to the supplier.

However, with the new feature, CrediTú is aiming to finance customers in a couple of seconds, as told by Francisco Fainé, Chief Growth Officer at CrediTú in a statement.

He further stated that it’s crucial to be present at the time of customer’s decision-making, the automation of process will allow the client to book a property standing in the showroom itself with the obtaining of approval in just a few seconds.

The company claims that the new development will also ensure the validity of customer information and less risk of incorrect data or fraud. With the new system, CrediTú is expecting to deliver an improved customer experience via a safer procedure.

Francisco Eterovic, CrediTú’s CEO commented that apart from other benefits, from an internal point of view, the project will prove to be cost-efficient in terms of human resources.

“…we expect in five years from now, at least 70% of our sales will be made through this tool,” Fainé stated.

The facility will be made available via two channels: through automatic kiosks and the company’s web and mobile page.

Related IBS Intelligence Research

Related Posts emerges from stealth mode & launches technology-powered Metal Card, a Philadelphia-based FinTech company, has announced its emergence from stealth mode to debut technology-powered Metal Card, a consumer spending product that leverages proprietary technology to give users controls, convenience, and automatic credit score optimization. With Guaranty, customers do not have to pay fees or interest. They will also receive a premium brand experience […]

This post is only available to members.

Read More »

Cloud9 Technologies teams up with comitFS to boost real-time voice trading APIs

Cloud-based communications provider Cloud9 Technologies has teamed up with comitFS, a UK-based provider of voice middleware and API abstraction capabilities for financial services companies. The collaboration will facilitate the development of real-time call control capabilities for voice trading within the institutional marketplace. “As trading dynamics shift to a more digitally-driven environment, firms want the peace […]

This post is only available to members.

Read More »

Quantum Group acquires mobile cashback app Tail

London-based FinTech incubator Quantum Group today announced the acquisition of mobile cashback app Tail. The acquisition is expected to enable Quantum Group to increase the number of banking partners integrated with Tail and to onboard different retailers from around the UK. Tail’s platform enables retailers to create hyperlocal marketing campaigns, thus allowing them to increase […]

This post is only available to members.

Read More »