Enable fast, online lending approvals.
Lending Origination Solution
Make it easier for your customers to borrow online with real-time lending approvals and custom risk-based rates via bank.io OXP’s proprietary multiMATRIX Lending Adjudication Engine. More access plus more convenience equals a friction-free path to more loans. And, it’s even more powerful when combined with the Account Origination Solution, enabling deposit account upsells during the simple online application process.
Key Features
Speed of application
Decrease the LOS process to under 15 minutes, both online and in-branch. With core banking integration, you’ll improve staff efficiencies and back-office processing.
Omnichannel & responsive experience
Deliver a consistent user experience in-branch, online and cross-channel on any device.
Broad set of lending products
Our lending origination software provides complete digital lending solutions with an intuitive, advanced application process for retail and business banking (coming in 2025).
Innovative decisioning engine
bank.io OXP’s multiMATRIX Lending Adjudication Engine is highly configurable for lending and rate determinations. It’s also simple to configure and understand for lending and risk management teams.
Audit logging
Full audit logging is available for decisioning matrices and application processing to help gain an in-depth understanding of how decisions have been and will be made.
Checklist & workflow management
Build and configure internally managed custom checklists you can associate to products. A wide set of statuses let you build and manage lending workflows in a way that makes sense for your business goals.
Configurable & self-managed
Create and launch new lending products anytime without intervention or change requests, and quickly respond to shifting markets to meet your customers’ evolving needs.
Suspend & resume
Your customers can easily start their purchase then save and resume whenever and wherever they want.
Multiple products
Your customers can apply for deposit products in conjunction with their lending application for one-stop-shopping when combined with bank.io OXP AOS.
Digital signature support
Manage your document library and digitally capture signatures through bank.io OXP’s e-signature integration.
Business LOS (Coming 2025)
Offer term loans and lines of credit to multiple business organization types through a single omnichannel platform.
Multi-tenant delivery
The ability to add multiple brands, support mergers and acquisitions for lending origination, all under a single license.
