Retail Lending Software for Efficiency and Risk Management

Consumer/Retail Loan Origination Software

Revitalize your retail loan origination process by implementing a flexible and responsive consumer lending application, built on our digital transformation platform. Enable digital experience, automated underwriting, instant decision making, and efficient exception management. Ensure a customer experience-oriented, simplified loan disbursement for all loan types, including credit cards and personal loans for borrowers, without any manual intervention. Leverage digital collaboration for high-touch loans—HELOC, home equity loans, etc.—for a faster turnaround time. Utilize real-time dashboards for tracking processes, pipelines, and productivity workflows.

Digitized Lending Processes

Transformed consumer loan origination with end-to-end automation of loan requests, underwriting, loan decisions, closing, and booking processes in a paperless environment
A lending platform with straight-through processing for quicker loan approval and disbursements from financial institutions
Support for no-touch, low-touch, and high-touch loans processing

Multi-channel Loan Application

Omnichannel and multi-device initiation of loan applications
Intuitive self-service customer portals and real-time status tracking
Auto-underwriting and online approvals/soft-approvals

Risk Management

Identity verification/authentication and fraud management through third-party integrations
IP-based/device-based filters for applications

Intelligent Underwriting and Configurable Rules

Intelligent underwriting and credit analysis processes driven by business rules and scoring models
Rules engine for business owners to apply the required policies and exception rules
Customer and product-specific data capture through configurable templates

Audit and Reporting

Comprehensive auditing capabilities for increased compliance with dynamic regulatory requirements
Real-time reports with process insights for continuous process improvements
Drilled-down monitoring of productivity, pipeline, and service levels

Integration with Third-party Systems

Real-time integration with core banking and online banking for a seamless digital lending experience
Third-party integration with rating applications, credit bureau systems, and more integrations

Integrations

Lending Solutions

Consumer/Retail Lending

Automate your consumer/retail lending process to manage...

Commercial Lending

Ensure compliance and process efficiency throughout the...

Small Business Lending

Deploy small business lending software within weeks and...

SBA Lending

Help small businesses with a full-proof lending process...

SME Lending

Empower small and medium enterprises with a streamlined...

Mortgage Lending

Streamline your mortgage lending processes for greater...

Accelerating digital
across 20 branches

Learn how Wilson Bank & Trust is leveraging Newgen’s Digital Transformation Platform for online account opening, business banking, and small business lending.

Seamless Integration with
Fintech Partners

Watch this video to understand how Advia Credit Union is leveraging Newgen to seamlessly integrate with fintech partners and transform member experience.

Enhancing Account
Opening process

Learn how Georgia’s Own Credit Union leverages Newgen’s Account Origination platform to minimize time taken to open an account, and easily integrate with third party systems.

Why Newgen is the
Partner of Choice

Watch this video to learn why Newgen is the partner of choice for Old Point National Bank.

Credit offers
in less than 1 minute

Qander Consumer Finance leverages Newgen’s automation platform to transform and automate their banking processes, delivering credit offers to customers in under a minute.

50%
reduction in cost

Nancy Foster, SVP and Credit Administrator, talks about using Newgen’s solutions to digitally transform BNB Bank’s banking processes for improved customer experience.

Turnaround time reduced
from day to an hour

Equity bank was able to deliver consistent customer experience across all channels, embrace mobile-first approach & eliminate process inefficiencies using Newgens' Online Account Opening Solution.

Learn more