Robert Evans's profile

PLAID VERIFICATION SOLUTION

Bank Connect, powered by Plaid, is an advanced bank verification application that automates business workflow by authenticating bank accounts about income, transactions, balances, assets, etc., inside Salesforce. Cloud Maven, Inc., a Salesforce Certified ISV Partner and the 2021 Salesforce Partner Innovation Award winner, has developed this solution. To streamline the lending process and identify target borrower personas for car loans, digital lenders are looking for high-ROI methods through automation. Loan processors often face the issue of providing the speed, precision, and round-the-clock service customers need as the demand for online lending increases. Through this income verification app, lenders verify a potential borrower's banking details like historical balances, income, assets, transaction history, etc. It enables a streamlined lending process, helping lenders make informed lending decisions for borrowers. The entire bank verification process gets automated as the lenders can review transaction data with merchant name, category, and location. This solution helps reduce overdrafts and NSF fees, assisting the lenders in getting visibility into borrowers' available funds before making any transfers. Also, the lenders understand the borrower's investment pattern and help visualize their finances for making appropriate decisions. The application provides a fast account onboarding process and supports payments on all types of accounts. This solution is available on Salesforce AppExchange for a free 30-day trial. Send an email to info@cloudmaveninc.com with any questions. Follow Cloud Maven, Inc. on LinkedIn, Twitter, and YouTube to know more.
PLAID VERIFICATION SOLUTION
Published:

PLAID VERIFICATION SOLUTION

Published:

Creative Fields