Crefin – Process Automation for Loan Processing in the USA

  • Industry:

    Loans
  • Technologies:

    NLP OCR UiPath Python Django Azure MySQL

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Duration

10 months

Crefin automates the loan application and approval process for financial institutions in the USA, reducing processing time and improving customer satisfaction through AI-driven workflows.

Challenges


Extracting and validating data from various document formats.

Ensuring compliance with strict US financial regulations.

Reducing manual intervention in decision-making processes.


financial-regulation

Solution


– Used OCR and NLP models to automate document extraction and validation.

– Built compliance modules to flag irregularities and ensure adherence to regulations.

– Implemented RPA bots for repetitive tasks, such as data entry and follow-ups.


rpa-bots

Result

The platform increased successful applications by 50% and reduced the time required for finding suitable courses by 80%.

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