thumbprint from moneythumb Archives - MoneyThumb https://www.moneythumb.com/blog/tag/thumbprint-from-moneythumb/ Boost Your Productivity Tue, 28 Dec 2021 12:08:35 +0000 en-US hourly 1 https://wordpress.org/?v=6.9.1 Lenders Make Instant Credit Decisions Using Thumbprint from MoneyThumb https://www.moneythumb.com/blog/lenders-make-instant-credit-decisions-using-thumbprint-from-moneythumb/ https://www.moneythumb.com/blog/lenders-make-instant-credit-decisions-using-thumbprint-from-moneythumb/#respond Tue, 28 Dec 2021 12:08:35 +0000 https://www.moneythumb.com/?p=84461 If you are a lender who is looking for ways to decrease the time you spend making loan decisions and haven't yet heard about Thumbprint...

The post Lenders Make Instant Credit Decisions Using Thumbprint from MoneyThumb appeared first on MoneyThumb.

]]> If you are a lender who is looking for ways to decrease the time you spend making loan decisions and haven't yet heard about Thumbprint from MoneyThumb, this blog post is for you. We will explain below in detail what Thumbprint is, how it works, and how lenders who use this credit risk analysis software from MoneyThumb are making their jobs so much easier. If you want to watch how it works right now, you can instantly request a live demo by following this link.

Thumbprint is the first and only digital lending platform with everything you need to evaluate, underwrite and originate loans all from one place. In under 5 seconds, Thumbprint™ will evaluate and score the authenticity of submitted PDF documents.

 

Classify

1. Upload PDFs and Image Files

Gain a competitive edge on other lenders by taking the document evaluation process down to a matter of seconds.

Audit

2. Detect Fraudulent Statements

  • Onboard customers faster without the hassle of manual entry
  • Automated AI identification of altered or fabricated statements
  • Avoid fraudulent borrowers
  • And much more

Decide

3. Make Confident Loan Decisions Instantly

Included in every MoneyThumb report is a 1-1000 genuineness score based on submitted bank statements. Approve your loans with the same confidence as if you validated each and every statement directly at the bank.

Detect Fraud and Eliminate Data Entry

Leverage file tampering detection and arithmetic checks to identify suspicious documents and missing pages 👀

Never Manually Process Credit Reports Again.

Get your creditworthiness report instantly
with Thumbprint™.

Discover

Recognizes 95% of U.S. bank statements, through intelligent document recognition algorithms. Unlike template-dependent processes, our software doesn’t need to be told upfront what bank statement format is being used.

Capture

Proprietary optical character recognition algorithms review questionable fields, look for patterns to self-correct, and flag questionable transactions. Employ the power of the only OCR software developed specifically for bank statements.

Automatic Reconciliation

Conversion accuracy is ensured by automatic reconciliation, which compares transaction totals to summary information on the statement. If everything checks out, the statement is identified as reconciled, saving you time and manual review.

Verify Authenticity

Patent-pending AI technology searches for inconsistencies  in the documents and validates the format against our Thumbprint database based on millions of documents

The team at MoneyThumb hopes the above explanation will help lenders to understand better how Thumbprint works. As stated above, you can request a free, live demo by following this link. Never again do you have to wait to make important credit decisions when it comes to making loans.

 

The post Lenders Make Instant Credit Decisions Using Thumbprint from MoneyThumb appeared first on MoneyThumb.

]]> https://www.moneythumb.com/blog/lenders-make-instant-credit-decisions-using-thumbprint-from-moneythumb/feed/ 0