Temenos, a banking software platform, has introduced an AI-powered, fully-integrated digital mortgages solution.
The company claims that the product is a response to the cumbersome and slow mortgage experience provided by many lenders. It aims to simplify the mortgage application process by giving borrowers a digital experience while cutting costs and the time it takes for lenders to close.
According to the provider, the solution is highly scalable and composable, making it appropriate for challenger or FinTech banks looking to enter the mortgage market, building societies, credit unions, and banks of all sizes looking to improve their services.
Read More: Temenos unveils AI-driven digital mortgage solution for efficient lending
