Customers expect immediate loan decisions, but inconvenient identification and underwriting processes lead to high customer drop-out rates.
This is why we have automated the customer identification and verification process.
Using APIs, we can identify customers and analyse their transactional data based on your criteria. And the system uses machine learning so it keeps getting better.
Focus on only the highest-potential customers: with Wurmie™ the process is fast, cheap and efficient.
Our analytical engine is fully parameterised, meaning we can tailor our algorithms to your customer base. And we’ll continue to work with you to continually improve its performance.
Not only is our customer process easier, and our technology more advance, our pricing is the most competitive in the market meaning you benefit in every way.
We care about your data. We are fully compliant with GDPR, and our data centres located in Germany are certified in accordance with ISO / IEC 27001.
Implementation is free and you get full support at each stage from one of our specialists. What’s more, special rates during the integration process let you test and pilot more cheaply.
For the customer, it’s a seamless, 3-step process. They just log in to their online banking as normal.
Our alert system checks the data for inaccuracies, and our analysis engine matches and verifies ID information. Transactional data are categorised against pre-defined criteria to generate an applicant score.
You get an automatic identification and scoring report based on your parameters, saving you underwriting time and expense.