See how a major player in retail financing used automation to increase efficiency and prevent fraud.

About the Client

Based in Europe, this large consumer finance company employs more than 15,000 people and has a presence in twenty countries.

The Challenge

Keeping it fast and safe

When it comes to processing credit applications today, it’s all about speed. The company with the fastest response will typically win the deal.

However, despite the need to be quicker than the competition, approving credit applications is no easy task. There are a wealth of complex stages to go through.

To streamline the approval process, this consumer finance company needed to automate the process as much as possible. But it also needed to protect itself from fraud by being able to spot misleading documentation straight away.