Software

Mbanq intros AI digital lending solution

Photo: Adobe Stock

December 12, 2024

Mbanq introduced Mbanq Comet, an AI digital loan origination platform. With this tool, financial institutions can make fast and accurate loan decisions, according to a press release.

The solution integrates with legacy core systems to enable seamless lending. In particular, the AI tools can process loan applications in seconds. Comet also features AI-powered know-your-customer for compliance with a Unified Dashboard.

"Mbanq Comet is a vital tool for financial institutions looking to modernize their lending process. Its rapid deployment, compatibility with any legacy system, and advanced AI-powered tools make it a cornerstone of digital transformation in the financial industry," Lars Rottweiler, CTO of Mbanq, said in the release.