Blend Builder is an innovative platform that deals with all banking and lending related services. The platform consolidates the resources offered by different banks to one convenient platform. It is an answer to the challenge of having multiple lending institutions provide one bank with the necessary information for loan approvals. It provides a unified platform that can offer all the products that a bank can offer like personal loans, credit cards, car loans, student loans and mortgages. Moreover, with this platform, customers only need to fill out an application once and the system will take care of the rest of the task.
This technology offers a great advantage to banks as they can easily process multiple loan applications within a shorter time frame. Additionally, Blend Builder would give customers superior customer service and give them access to multiple loans and products. Banks that adopt this platform will also experience increased customer satisfaction, reduced paperwork and greater cost efficiency.
In a nutshell, Blend Builder is a one-stop solution for banks and customers for their banking and lending needs. This unified platform provides the bank and the customers with the following benefits:
• Increased efficiency in processing loan applications
• Access to multiple loans and products
• Improved customer service
• Reduced paperwork
• Lower costs associated with loan processing
• Increased customer satisfaction
You can read this full article at: https://www.housingwire.com/articles/as-mortgage-biz-suffers-blend-sees-unified-banking-platform-as-the-key-to-growth/(subscription required)
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