Serving 140+ Banks     |     200+ Customer Journeys     |     20+ Out-of-the-box retail products     |     82% TAT Reduction     |     73% Digital Channel Conversion     |     80% Shorter Processing Times     |     8000 million Loans Sanctioned     |     240+ Readily available Integrations     |     Credit Decisioning Engine     |     40%+ Boost in Customer Acquisition     |     40% Faster Onboarding     |     50%+ reduction in TAT     |     Serving 140+ Banks     |     200+ Customer Journeys     |     20+ Out-of-the-box retail products     |     82% TAT Reduction     |     73% Digital Channel Conversion     |     80% Shorter Processing Times     |     8000 million Loans Sanctioned     |     240+ Readily available Integrations     |     Credit Decisioning Engine     |     40%+ Boost in Customer Acquisition     |     40% Faster Onboarding     |     50%+ reduction in TAT     |     Serving 140+ Banks     |     200+ Customer Journeys     |     20+ Out-of-the-box retail products     |     82% TAT Reduction     |     73% Digital Channel Conversion     |     80% Shorter Processing Times     |     8000 million Loans Sanctioned     |     240+ Readily available Integrations     |     Credit Decisioning Engine     |     40%+ Boost in Customer Acquisition     |     40% Faster Onboarding     |     50%+ reduction in TAT     |     Serving 140+ Banks     |     200+ Customer Journeys     |     20+ Out-of-the-box retail products     |     82% TAT Reduction     |     73% Digital Channel Conversion     |     80% Shorter Processing Times     |     8000 million Loans Sanctioned     |     240+ Readily available Integrations     |     Credit Decisioning Engine     |     40%+ Boost in Customer Acquisition     |     40% Faster Onboarding     |     50%+ reduction in TAT     |     Serving 140+ Banks     |     200+ Customer Journeys     |     20+ Out-of-the-box retail products     |     82% TAT Reduction     |     73% Digital Channel Conversion     |     80% Shorter Processing Times     |     8000 million Loans Sanctioned     |     240+ Readily available Integrations     |     Credit Decisioning Engine     |     40%+ Boost in Customer Acquisition     |     40% Faster Onboarding     |     50%+ reduction in TAT     |     Serving 140+ Banks     |     200+ Customer Journeys     |     20+ Out-of-the-box retail products     |     82% TAT Reduction     |     73% Digital Channel Conversion     |     80% Shorter Processing Times     |     8000 million Loans Sanctioned     |     240+ Readily available Integrations     |     Credit Decisioning Engine     |     40%+ Boost in Customer Acquisition     |     40% Faster Onboarding     |     50%+ reduction in TAT     |    

“Newgen’s Retail Loan Origination solution has helped us speed up our loan approvals by 50%. The AI-powered insights have significantly improved our risk assessment accuracy”.

Chief Operating Officer, Leading Indian Bank

Key Features of Newgen’s Agentic Journeys for Retail Banks

AI-led Customer Acquisition

Employ AI models to acquire and convert leads by analyzing profiles, behaviors, and transactions. Generate dynamic cross-sell scores, refine targeting through predictive learning, and deliver personalized offers to boost conversions, empowering sales teams to focus on high-propensity leads and maximize customer lifetime value.

AI-driven Credit Scoring

Evaluate applications end-to-end, generating personalized scores across key parameters tied to both the customer and the application. Continuously adapt insights with new data to support faster, more accurate decisions and improve approval precision across the customer lifecycle.

Intelligent Credit Decisioning & Rule Management

Leverage an Advanced Credit Decisioning Engine (CDE) and automated underwriting for effective risk classification and faster credit disbursement. Create 360-degree customer profiling with pre-screening capability to assess applicant eligibility based on parameters like credit score and income.

Reimagine Financing with GenAI Intelligence

Transform your financing solution with our AI Agents, with capabilities like behavioral insights, automated document generation, process creation, AI-driven query resolution, and advanced analytics. Deliver faster decisions, richer insights, and seamless customer experiences across the financing lifecycle.

Intelligent Documentation

Generate, summarize, and auto-extract information from documents using NewgenONE Marvin’s AI-powered document automation capabilities. Leverage Newgen’s Intelligent Document Extraction (IDE) with advanced OCR to enable document query resolution, smart data capture, and seamless application integration.

Workflow Generation and Predictor

With just a few clicks, create customized, automated workflows with Newgen’s AI Workflow Generator. Predict workflow performance, identify process bottlenecks, and ensure end-to-end regulatory compliance, enhancing agility, transparency, and decision-making across complex business processes.

AI-led Customer Acquisition

Employ AI models to acquire and convert leads by analyzing profiles, behaviors, and transactions. Generate dynamic cross-sell scores, refine targeting through predictive learning, and deliver personalized offers to boost conversions, empowering sales teams to focus on high-propensity leads and maximize customer lifetime value.

AI-driven Credit Scoring

Evaluate applications end-to-end, generating personalized scores across key parameters tied to both the customer and the application. Continuously adapt insights with new data to support faster, more accurate decisions and improve approval precision across the customer lifecycle.

Intelligent Credit Decisioning & Rule Management

Leverage an Advanced Credit Decisioning Engine (CDE) and automated underwriting for effective risk classification and faster credit disbursement. Create 360-degree customer profiling with pre-screening capability to assess applicant eligibility based on parameters like credit score and income.

Reimagine Financing with GenAI Intelligence

Transform your financing solution with our AI Agents, with capabilities like behavioral insights, automated document generation, process creation, AI-driven query resolution, and advanced analytics. Deliver faster decisions, richer insights, and seamless customer experiences across the financing lifecycle.

Intelligent Documentation

Generate, summarize, and auto-extract information from documents using NewgenONE Marvin’s AI-powered document automation capabilities. Leverage Newgen’s Intelligent Document Extraction (IDE) with advanced OCR to enable document query resolution, smart data capture, and seamless application integration.

Workflow Generation and Predictor

With just a few clicks, create customized, automated workflows with Newgen’s AI Workflow Generator. Predict workflow performance, identify process bottlenecks, and ensure end-to-end regulatory compliance, enhancing agility, transparency, and decision-making across complex business processes.

Deep Dive into various Facets of Newgen’s Retail Banking Solution
Customers
Prebuilt Connectors & APIs
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Benefits of Newgen’s Banking Solution

  • Seamless Digital Onboarding & KYC Compliance to automate Video KYC, digital verification, and due diligence to ensure faster, compliant customer onboarding.
  • AI-driven Loan Processing & Risk Assessment by leveraging AI-powered decisioning, financial analysis, and risk assessment for accurate and efficient loan approvals.
  • Straight Through Processing (STP) for Faster Approvals to enable STP-driven automation for loan processing, approval, and disbursal with minimal manual intervention.
  • Enhanced Customer Experience & Faster Turnaround Time (TAT) by providing omni-channel support with real-time tracking, automated escalations, and improved service speed.
  • Configurable & Scalable Loan Lifecycle Automation utilizing an AI-driven, configurable platform to adapt to evolving banking needs and regulatory requirements.
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Find Your Winning Strategy with Newgen

Request a demo to explore how our AI-powered solutions can help retail banks with end-to-end journey automation for digital transformation.

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