Credit Card Application Processing System (CCAPS)
Today, most of the financial institutions are looking for a comprehensive credit card application processing system that saves time and money while complying with demanding industry regulations. Manual application processing is costly and time consuming in this competitive world. Automating the entire process will help you in straight through processing. It is a tough balance to find right solution.
To solve that challenge, We have designed CCAPS to automate the application processing and approval process for the credit card industry.
Key Features of Credit Card Application Processing System
- Is a specialized Credit Card Application Processing System
- Is entirely web based and supports external checks & verifications with stand alone components
- Has intelligent credit and policy checking tools
- Has built in dynamic workflow, document management and imaging capabilities
- Has automated underwriting process
- Can capture various PCT options like Direct Debit, Against FD etc
- User-defined screen from screen templates
- Integration with 3rd party card processor systems like Vision+ etc
- Improved Turnaround Time
- Has built in credit scoring modules

