Project Overview
A SAMA-regulated joint stock finance company in Saudi Arabia, with 80+ years of legacy, struggled to make loans move faster for the new generation of customers. Slow credit decisions, siloed data, and limited visibility were holding growth decisions.
The institution partnered with Newgen to create unified lending journeys with embedded compliance, AI-driven intelligence, and seamless integrations.
What Changed with Newgen
The time-bound implementation of Newgen’s AI-first Loan Origination Solution enabled a connected lending journey with seamless API integration. Further, embedded compliance & audit trails enhanced security.
The Impact
- 36% lower delinquency
- 30% faster loan processing
- 17% higher monthly onboarding of loan accounts
Read the case study to explore how the legacy bank gave an AI-led boost to its lending portfolio, compliance and margins.
