FinTech Enablers help credit unions generate income by streamlining member engagement from advert to approval.
Application for membership and loans can be submitted within 5 minutes, while credit unions approve applications up to 15x faster than manual processes when combined with Hive.
FinTech Enablers include:
Check for common bond using Eircode to reduce out-of-bond requests.
Help members find best-fit loans, leading to more loans issued with higher principles and tenors.
Originate members and loans in 5 minutes with online forms including ID verification and secure document upload.
Engage and re-activate members in an economic manner using bulk email, SMS and Ezines.
Frictionless member journeys and fast turnaround times significantly increase sales and marketing effectiveness, with a 93% conversion rate when combined with Hive.
Delivered using collaborative, not-for-profit shared services, FinTech Enablers create high return on investment by increasing membership and growing lending with higher principles and tenors.
For more information contact us or visit www.solutioncentre.ie