Back to Use Cases
Financial Services
Underwriting
Risk Assessment

Fintech Company Cuts Underwriting Time by 75% with AI

How an innovative lender transformed their underwriting process with AI, reducing processing time while improving accuracy and customer experience.

75%
Faster Processing
99.5%
Accuracy Rate
30%
Cost Reduction
90%
Automation Rate

Client Overview

A leading fintech company specializing in small business loans needed to streamline their underwriting process to handle increasing application volumes while maintaining high accuracy and compliance standards.

Key Results

Operational Impact

  • 75% reduction in underwriting time
  • 90% of applications processed automatically
  • 60% reduction in manual review workload

Business Impact

  • 99.5% accuracy in risk assessment
  • 30% reduction in operational costs
  • Faster time-to-decision for customers

Solution Highlights

  • AI-powered document processing and data extraction
  • Automated risk scoring and decisioning
  • Real-time compliance checks
  • Seamless integration with existing systems
  • Human-in-the-loop for complex cases