Location via proxy:   [ UP ]  
[Report a bug]   [Manage cookies]                
Scribd Logo
Upload

Welcome to Scribd!

  • 167 views

    Bank Statement Analyzer

    Uploaded by

    ojas
    The document describes a bank statement analysis tool that can automatically analyze bank statements to provide insights for risk-free lending. It analyzes transactions, income, documents, and repayment capacity to assess creditworthiness. The tool integrates seamlessly, analyzes statements efficiently, provides accurate risk assessments, and increases application processing speed and reporting efficiency compared to manual analysis. It outputs a report with categorized data and an AuthBridge rating to help lenders make better lending decisions.

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd

    Bank Statement Analyzer

    Uploaded by

    ojas
    167 views11 pages
    The document describes a bank statement analysis tool that can automatically analyze bank statements to provide insights for risk-free lending. It analyzes transactions, income, documents, and repayment capacity to assess creditworthiness. The tool integrates seamlessly, analyzes statements efficiently, provides accurate risk assessments, and increases application processing speed and reporting efficiency compared to manual analysis. It outputs a report with categorized data and an AuthBridge rating to help lenders make better lending decisions.

    Copyright

    © © All Rights Reserved

    Available Formats

    PDF, TXT or read online from Scribd

    Did you find this document useful?

    Is this content inappropriate?

    The document describes a bank statement analysis tool that can automatically analyze bank statements to provide insights for risk-free lending. It analyzes transactions, income, documents, and repayment capacity to assess creditworthiness. The tool integrates seamlessly, analyzes statements efficiently, provides accurate risk assessments, and increases application processing speed and reporting efficiency compared to manual analysis. It outputs a report with categorized data and an AuthBridge rating to help lenders make better lending decisions.

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
    Download as pdf or txt
    167 views11 pages

    Bank Statement Analyzer

    Uploaded by

    ojas
    The document describes a bank statement analysis tool that can automatically analyze bank statements to provide insights for risk-free lending. It analyzes transactions, income, documents, and repayment capacity to assess creditworthiness. The tool integrates seamlessly, analyzes statements efficiently, provides accurate risk assessments, and increases application processing speed and reporting efficiency compared to manual analysis. It outputs a report with categorized data and an AuthBridge rating to help lenders make better lending decisions.

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
    Download as pdf or txt
    You are on page 1of 11

    BANK STATEMENT ANALYSER

    Automated insights for risk-free


    lending

    Version 2.4 | AuthBridge © 2005-2023. All Rights Reserved


    FromFraudProneDecisionsto Data-DrivenCredit Assessment

    Manual Analysis of Bank Statements is


    inefficient

    Complex Process of Inspection Verify


    authenticity of
    Susceptible to errors financial
    information
    Resource Heavy Bank Statement

    Huge time, money and manpower involved Analyzer

    Physical document submission Automated and Smarter Reduce the risk of


    Privacy concerns over automated
    route to inspect issuing sub
    customerʼs financial
    statement fetch systems health standard loans

    Lower Productivity Measure the


    Focus on non-core verification activities creditworthiness of the
    and tedious customer follow-ups individual/SME
    customers,
    Version 2.4 | AuthBridge © 2005-2023. All Rights Reserved
    AboutBankStatement Analyzer(BSA)

    Simplify Customer Monitoring

    Transaction Income Document Fraud Repayment Employment


    Profiling Verification Verification Capacity Verification
    Other
    Inputs Required Outputs Received Specifications
    •Average Balance at various
    •Account holderʼs personal Input Format-
    stages of the month
    Information •Native PDF
    •EOD Balance (Min and Max)
    •Bank statement to •Details of Credit, Debit and •Image converted to
    •ECS/Payment Bounces and
    be uploaded Cash transactions PDF
    bounced charges
    •Cheque withdrawals, •Images Output
    •Salary transacted
    deposits and bounces Format-
    •EMI withdrawals
    •Notification of Breach of • XLSX
    Minimum balance
    Version 2.4 | AuthBridge © 2005-2023. All Rights Reserved
    What weOffer?

    Features Benefits

    • Seamlessly Integrable in • Revenue enhancement with


    Web/Mobile app or LoS better lending decision
    • RSA based Encryption • Accurate risk assessment
    • 6 Months of report retention • Huge cost reduction
    . • Faster application processing
    • Human and machine-readable
    report formats • Increased reporting efficiency
    • Asset-liability pattern and • Guarantee genuine
    payments default Identification customers onboarding

    Version 2.4 | AuthBridge © 2005-2023. All Rights Reserved


    IntelligentReportingWith CategoricalData

    The data points in the excel report output are available with customizations, calculations and categorization

    Report section Description

    AuthBridge Rating AuthBridge Bank Statement Rating/Indexing-High Risk/Medium Risk/Low Risk

    Snapshot Summary/Overview of the bank statement


    Day-end balance maintained for each day of the month along with Daily Average
    Daily Balance Balance and Monthly Average Balance

    • Analysis for top 5 debits and credits by amount


    Analysis • Top Inflows and outflows to be generated by AuthBridge algorithms by
    matching narration/description from bank statements

    Monthly Summary Complete extract of the bank statement


    Debit Analysis Classification of each debit transaction
    Credit Analysis Classification of each credit transaction
    Transaction Analysis Ledger of inflows and outflows
    Loan-Track Loan Track from bank statements

    Version 2.4 | AuthBridge © 2005-2023. All Rights Reserved


    Sample Input Types (1/2)

    Scenario 1- Scenario 2-
    Private Bank B/W image with Skew B/W Statement with Blurriness

    * Fields hidden due to privacy reasons

    Version 2.4 | AuthBridge © 2005-2023. All Rights Reserved


    Sample Input Types (2/2)

    Scenario 3- Public Bank Scenario 2-


    Colored PDF Private Bank Colored statement

    * Fields hidden due to privacy reasons

    Version 2.4 | AuthBridge © 2005-2023. All Rights Reserved


    OutputOutput
    Format*Format

    * Fields hidden due to privacy reasons


    Why choose Authbridge Bank Statement Analyzer?

    Capable of reading images with Customized AuthBridge rating


    blurriness and skews ,and to provide flexibility for
    resolutions of minimum 128DPI configuring clientʼs rating
    system
    Key
    Differentiators

    More robust transaction Cost advantage wrt industry


    profiling mechanism wrt to peers
    categorization of the various
    transactions

    One of the lowest report Built on cutting-edge (Machine


    generation TATs in the industry Learning)ML to accurately
    profile the account holder

    Version 2.4 | AuthBridge © 2005-2023. All Rights Reserved


    Way Forward

    PoC for 50
    Deep Dive Agreement Sandbox
    historical Closure Access
    Session with bank
    Customer

    API API
    Customer Data
    Integration, Checklist Documentaton
    Signoff User Reference

    Version 2.4 | AuthBridge © 2005-2023. All Rights Reserved


    Gurugram
    Tower D, 14th Floor, Global
    Business Park, Gurgaon – 122002.
    Haryana, India.

    CONTACT US

    bfsi.sales@authbridge.com

    +91- 8506804441

    Version 2.4 | AuthBridge © 2005-2023. All Rights Reserved

    You might also like