Reduced Adminstration Costs
Banks are leveraging their new-found knowledge
from Luminous to significantly enhance their online banking strategies
and offerings.
Luminous provides information instantly to banks regarding customers'
personal and business performance, significantly reducing administration
costs associated with collecting financial information from their
customers. For example when a customer is applying for a new loan,
they need to submit their financial information regarding their
income and expenses, their business performance rating, and their
debt to asset ratio. This information can take bank personnel several
weeks to accumulate via phone, fax and email. With Luminous’
bank reporting solution, InLighten, this information can be delivered
instantly, significantly reducing administration costs for the bank.
|
 |
