BKS Bank was looking for a way to accelerate their loan application process so they could sustain their growth and keep up with ever-changing customer expectations.
By leveraging Backbase, BKS was able to create a streamlined self-service loan application solution. This allowed them to achieve a 90% reduction in the time it takes to process a loan application, as well as a 75% reduction in the time it takes to submit one. It now takes BKS’s customers a mere five minutes to complete an application — and only 20 clicks.
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