Trask’s Digital Loan Solution: Impresto
Instant loans for new-to-bank customers: launch fully digital loans, from application to payout, in just 15 minutes. Trusted by leading European banks.
Fully digital: application, identity and KYC check, scoring data through open banking, adjudication, e- signature and funds disbursement – all done fully online without the need to visit a branch. Typical loan disbursement time is 15 minutes from the start of the application.
Ideal for new clients: For new-to-bank clients and for clients that are new-to-credit or that have a thin credit file. Adjudication is based on the innovative use of transactional history for loan adjudication.
Trask’s Digital Loan platform is a set of modules and components to build a full digital experience. Ready-to-use, with a typical project delivery time of 6 months.
The platform is in market in Europe, with several major European banks, where it has been deployed for over 9 years.
Want to see it in action? Schedule a Demo.
How it works?
01 Online Application
Apply online from anywhere. No branch visit needed. Web and mobile experience.
02 Online KYC
(AML) Identity verification according to the regulation and completely online without the need of manual intervention.
03 Convenient Data Collection
Open banking data is used to to check creditworthiness and prevent fraud. No documents needed.
04 Instant Adjudication
Real-time analysis based on both common and innovative data sources including fraud checks.
05 Online signature
Contract the customer online and paperless with full cybersec assurance and compliance.
06 Instant Disbursement
Immediate and fully automated money disbursement.
Benefits
Customer acquisition - new to bank, new to country, self-employed
New revenue source
Minimizes credit risk
Strong anti-fraud mechanisms
Compliant with regulatory requirements
Easy-to-integrate
Quick delivery
Omnichannel: fallback to branch possible in any step of the process
Competitive differentiation
Fully automated – no backoffice needed
Money in minutes to any account (instant drawdown)
Fully online – clients can complete the whole process from anywhere
Omnichannel – clients have the choice to get the loan fully online or complete the process by a branch visit.
Available for non-customers
Accessible for new-to-score and thin-credit-file clients
30% of new-to-bank loans originated from digital channels – within the first year of launch
No increase in default rates for new-to-bank clients compared to existing ones
More clients approved – thanks to richer data from open banking and alternative scoring
A Modular Platform Built for Banks
Use the full platform or select the components you need. Easily integrate into your current architecture and take advantage of a wide range of customizations.
UX templates for web and mobile frontend
Risk and anti-fraud data collection
Account statement through open banking connector
Anti-fraud module
Digital signature and document/contract handling tools
Dashboards and reporting
Integration adapters and data collection tools
Curious how this could work in your environment?
References
Erste Group
UniCredit
KBC
Societe Generale
The great work of the project leaders and the maximum commitment of all experts from Trask made it possible to deliver a 100% functional solution to Česká spořitelna in record time of 8 months. That is why we were able to launch this revolutionary, completely online loan as the first in Central Europe, thus confirming our position as a leader and innovator.
Digital & Direct Sales Director,
Česká spořitelna, Erste bank group
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