Empowering Consumers with Seamless Solutions
Consumer lending is a critical aspect of financial institutions, serving as a gateway for individuals to access necessary funds for various life events. Finastra Fusion offers a comprehensive suite of end-to-end loan origination and processing solutions that empower financial institutions to meet the diverse needs of their customers effectively. With over two decades of experience, Finastra Fusion has established itself as a trusted partner for over 4,200 community banks and credit unions in the US.
Streamlined Digital Processes for Enhanced Efficiency
One of the key highlights of Finastra Fusion is its focus on digitizing the consumer lending journey. By leveraging their Total Lending solution, financial institutions can transition from traditional to digital banking seamlessly. This transition not only enhances customer engagement but also reduces operational costs, making the lending process more efficient and convenient for both consumers and financial institutions.
Compliance Expertise for Risk Mitigation
Navigating the regulatory landscape is a crucial aspect of consumer lending. Finastra Fusion prioritizes compliance by offering a 'compliance first' design strategy to help financial institutions mitigate lending risks and meet regulatory requirements such as the DFA 1071 small business lending rule. With a 50-state network of Legal Counsel, financial institutions can ensure that their lending processes are compliant and secure.
End-to-End Solutions for Consumer Lending Success
Finastra Fusion provides a complete end-to-end consumer loan and deposit solution tailored to the specific needs of both financial institutions and their customers. From mobile loan applications to automated underwriting and digital closing documents, Finastra Fusion offers a comprehensive suite of solutions that enable financial institutions to close loans faster, reduce risks, and drive customer engagement.
Innovative Tools for Seamless Operations
In addition to its core lending solutions, Finastra Fusion offers a range of innovative tools to streamline lending operations. Platforms such as LaserPro Exchange, LaserPro Analyzer, Conductor, AIO, and FlashSpread leverage cutting-edge technologies like AI to automate various aspects of the lending process, from document collection to financial analysis, ensuring efficient and profitable lending decisions.