New York, September   22 2018: Namaste Credit, an Indian talent-driven  tech-enabled financial services provider for the SME and mortgage market, will showcase its AIVIDEOCAM tool at FINOVATEFALL, 2018 between 24 and 26 September. The first-of-its-kind AI-driven video-based tool makes paper-based customer information collection for loan applications easier, faster, and more accurate.
Uploading reams of personal and financial information to lenders’ websites, while applying for a home or business loan, has never been an easy task for applicants, especially those who are not tech savvy. A growing volume of documents requested by lenders, inconsistent document and scan quality, and patchy connectivity are additional factors that do not make it any easier for applicants, or their advisors, to secure credit on time and at the right price.“Credit has the power to transform lives and business fortunes,” says Lucas Bianchi, CEO and Co- Founder, Namaste Credit, “By enabling easy capture of applicant information through our patent pending AIVIDEOCAM tool, we make life easier for all stakeholders within the credit eco-system including lenders, channel partners and borrowers.”.
FINOVATEFALL is an invite-only event that showcases cutting-edge banking, financial and payments technology from around the globe in a unique, short-form, demo format attended by over 1,500+ delegates from the banking and financial services industry from around the world.
The AIVIDEOCAM tool is a machine learning-driven, easy to use, end-to-end, high quality video capture APK that converts paper-based documents to digital data and can be easily integrated into any modern loan origination or credit assessment system on a pay-as-you-use basis or software-as-a-service (SaaS) model. Once the applicant uploads documents via video from their mobile, datais automatically scrapedandfed into a patent-pending ML driven advanced credit assessment engine.
Says COO and Co- founder Gaurav Anand: “A number of India’s top banks and non-banking financial service providers have already begun integrating Namaste Credit’s technology into their loan origination and credit assessment infrastructure to improve the customer loan application experience and their own ability to underwrite loans more quickly and accurately.”
For its rapidly growing online loan marketplace in India, Namaste Credit has implemented a state of art requirement matching process to efficiently connect borrowers with multiple lenders. Currently over 40 leading financial service providers in India, engage with thousands of applications that originate on the Namaste Credit online loan marketplace and benefit from significantly lower processing times and improved credit assessment..

Founded in 2014  by Wall Street executives Lucas Bianchi and Gaurav Anand, Namaste Credit is India’s leading tech-enabled online loan marketplace serving the credit needs of the SME and mortgage markets.