Hyperlend is a cognitive automation framework that works closely with loan origination systems for faster loan processing and seamless loan experiences.

Without Hyper-automation, Banks and FIs face the following challenges:

  • Manual collection of data and back and forth communication with customers
  • Streamlining of e-KYC mandates a lot of time, a small error might result in issues
  • Manual loan origination process can take up to 35 days
  • Lack technology expertise for automation strategy
  • High volumes of diverse data involving layers of compliance checks
  • Rising lending costs
  • Inability to adapt to altering market conditions

Aspire Systems

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