back Back

Experian teams up with Temenos for real-time credit offers

By Pavithra R

May 18, 2021

  • America
  • Experian
Share

Experian and Temenos team up for real-time credit offersExperian, committed to helping protect, understand, and improve credit, has announced expanding its partnership with Temenos by the integration of PowerCurve decisioning solutions into Temenos Infinity, the leading omnichannel digital banking product.

Temenos Infinity covers digital engagement from acquisition to account servicing through to long-term retention, supporting multiple stages of growth. The joint offering aims to accelerate the automation decisioning process and provide a seamless way for lenders to extend credit and includes preconfigured solutions for lenders that prefer standard, “out-of-the-box” integrations to support decision-driven business processes.

“During this unprecedented time, organizations have to be agile in how they approach the user journey. Through this integration, we’re harnessing the power of data and technology to enable financial institutions to make real-time decisions that maximize opportunities, mitigate risk and improve the customer experience. These combined offerings showcase our commitment to continually innovating and finding effective, secure solutions for decisioning automation that businesses can easily scale and rapidly deploy to meet today’s emerging needs,” said Robert Boxberger, Experian’s President of Decision Analytics, North America.

Experian’s credit decisioning solutions powered by PowerCurve include:

  • Instant Prescreen: to enable Temenos’ clients make firm offers of credit instantly to those who qualify. It also reduces subjectivity in cross-selling, maximizes consumer engagement opportunities and minimizes risk.
  • Prequalification: a robust data gathering and decision execution solution that prequalifies consumers for loan products in real-time, prior to loan application. It’s initiated by the consumer and, if they meets the criteria ,they are provided with a variety of credit options.
  • Instant Credit: to allow lenders to determine in real time if a consumer meets their lending criteria so they can make decisions about opening new credit products or line increases.

“We are excited to combine our market-leading banking software with robust data and real-time, automated decisioning from Experian to help financial institutions attract prospects and turn them into account holders. It’s a natural evolution to our integration with Experian as lenders and consumers alike continue to demand automated decisioning, relevant digital experiences and frictionless access to their credit options,” said Larry Edgar-Smith, SVP of the Business Solutions Group, Temenos Infinity – North America.

Experian’s PowerCurve decision management suite is available now through Temenos Infinity Origination.

Previous Article

May 18, 2021

Tink acquires German open banking firm FinTecSystems

Read More
Next Article

May 18, 2021

Exactpro appoints Hiroshi Matsubara as Director of BD in APAC

Read More







Advertise with us



IBSi Daily News Analysis

FinTech future

May 17, 2022

America

Keeping up in a crowded market requires FinTech collaborations

Read More

IBSi FinTech Journal

  • Most trusted FinTech journal since 1991
  • Digital monthly issue
  • 60+ pages of research, analysis, interviews, opinions, and rankings
  • Global coverage
Subscribe Now

Other Related News

Today

BforBank selects Temenos on Google Cloud to power expansion

Read More

May 16, 2022

Token.io secures $40m investment to scale open banking payments in Europe

Read More

May 16, 2022

Gravystack raises $5.2m to launch gamified financial literacy banking platform

Read More

Related Reports

Sales League Table Report 2021

£ 1,500.00 / year

Know More
Emerging Technologies in Capital Markets

£ 500.00

Know More
Global Digital Banking Vendor and Landscape Report Q1 2022

£ 1,500.00 / year

Know More
Wealth Management & Private Banking Systems Report Q1 2022

£ 1,500.00 / year

Know More
Treasury and Capital Markets Systems Report 2021

£ 1,500.00 / year

Know More