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The document discusses using smart technology in a computer system to review loan applications faster and with fewer errors for a bank's loan approval department, in order to make customers happier and prevent loss of money or customers.

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Fullmetal
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26 views1 page

Industry

The document discusses using smart technology in a computer system to review loan applications faster and with fewer errors for a bank's loan approval department, in order to make customers happier and prevent loss of money or customers.

Uploaded by

Fullmetal
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as DOCX, PDF, TXT or read online on Scribd
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Industry: Banking and Finance

Department: Loan Approval

Problem Statement:

The problem in banking and finance, particularly in loan approval, is that it takes too long to
decide if someone can get a loan, and sometimes the decisions have mistakes. This is a
problem because it makes customers unhappy, and the bank might lose money or
customers. The solution is to use a computer system that uses smart technology to review
loan applications faster and with fewer errors, so people can get answers quickly and
accurately.

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