Banking

Streamline processes, improve efficiency and enhance customer experiences

Banking Process Automation

Banks can achieve operational efficiency, reduce manual errors, and provide a more seamless and responsive experience for both customers and internal teams by leveraging iFlows

iFlows empowers banking institutions to respond quickly to changing market demands, improve customer experiences, and ensure compliance with regulatory requirements. iFlows allows for agile and efficient process automation without the need for extensive coding or IT expertise.

Customer Onboarding

Automate the customer onboarding process, including identity verification, document submission, and account setup with minimal manual intervention

Loan Processing

Streamline the loan application and approval process by automating document collection, credit checks, and approval workflows, hence reducing the time required for loan approval.

Account Management

Automate routine account management tasks such as updating customer information, managing account preferences, and processing account closures. This improves the efficiency of customer service and ensures accurate account information.

Fraud Detection and Prevention

Implement automated workflows for fraud detection and prevention. Design workflows that analyze transaction patterns, flag suspicious activities, and trigger alerts for further investigation.

Compliance Monitoring

Automate compliance checks and monitoring processes to ensure adherence to regulatory requirements. Create workflows that track and report compliance-related activities, reducing the risk of regulatory violations.

Credit Scoring

Design automated workflows for credit scoring by integrating with credit bureaus and analyzing customer data. No-code tools can facilitate the creation of workflows that assess creditworthiness and generate credit scores.

Customer Communication

Set up automated communication workflows for customer notifications, updates, and alerts. Design communication sequences based on specific triggers or events.

Account Reconciliation

Automate account reconciliation processes, ensuring that financial records align with transactions. Match transactions, identify discrepancies, and generate reconciliation reports.

Credit Card Issuance and Management

Simplify workflow creation to streamline the issuance and management of credit cards by automating application processing, card activation, and credit limit adjustments

Internal Processes and Approvals

Handle internal processes such as expense approvals, employee onboarding, and leave requests improving internal operational efficiency and reducing manual administrative tasks.

Customer Feedback and Surveys

Automate the collection and analysis of customer feedback through surveys. Design workflows that gather feedback, trigger notifications, and generate reports for analysis.

KYC (Know Your Customer) Processes

Automate KYC processes by integrating with identity verification services and databases by guiding users through the necessary steps for KYC compliance.

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Capabilities

Features

Integrations

Financial Services

Other Industries

Cross Industry