Artificial Intelligence in TurnKey Lender

Use AI to automatically lower credit risk improve performance of your lending business.

Industry-leading AI-based scoring technologies eliminate the guesswork in lending and credit decisions, even with high-risk clients. Put sophisticated self-learning algorithms to work for your lending business to make faster and more accurate decisions immediately.

Decision Management System

The flagship AI solution behind the Turnkey Lender Decision Engine has been tested and proven in over 50 countries. It harnesses the power of deep neural networks and self-learning scoring models to evaluate borrowers in real-time. The engine can utilize any type of traditional or alternative data source to learn, predict, classify, cluster, and associate applications for decisioning.

The solution enables 30-second automatic credit decisioning in cases where it takes traditional scoring models days or even weeks.

Credit Decisioning: 3 days

30 sec

With TurnKey Lender

Without TurnKey Lender

Learn more

AI Under the Hood
of TurnKey Lender

AI-Driven Bank Account Statement Scoring

The Bank Account Statement Scoring Model uses deep neural networks and machine learning for high-precision analytics and adaptability designed specifically to work with Big Data.
The scoring model analyzes the customer’s banking history to characterize their financial flows, patterns, and trends considering complex non-linear interconnections between variables and is ready for:

- Automated extrapolation of new borrowers (self-learning)
- Automated process of monitoring and retraining

Employee Performance Management

Track KPIs and the work efficiency of each employee with built-in performance analytics. The system analyzes originators, underwriters, servicing officers, and collectors and presents relevant insights at a glance. The evaluation is based on the individual’s responsibilities, includes numerous relevant factors, and uses AI to process, cross-reference, and present the data to the management team.

Borrower’s Geolocation Tracking and Analysis

Through deep integration with Google Maps, TurnKey Lender applies location tracking to improve any lender’s analytical, marketing, and sales capabilities. The solution allows you to collect the borrowers’ coordinates (with permission) based on device GPS, WiFi, postal address, or an IP. These data points are automatically checked against business rules and applied to specialized insight-filled heat maps for underwriters, loan managers, and collectors.

Customer Rating

Once borrowers have active loans, the system continuously analyzes their behavior and discipline to provide a clear understanding of a customer’s “rating” for your business. The rate is calculated based on how the borrower interacts with the platform and staff as well as certain sound and risky behaviors.
Reward high rating borrowers with a special offer, or proactively contact a troubled borrower to offer an affordable short-term loan or rollover to improve their internal rating or credit scores.

Business performance analytics

Monitor your business' well-being, analyze the current effectiveness of staff efforts, and explore aggregated assets and current portfolio state with the Business KPI dashboard. This dashboard combines all data from your lending operation in a single-view insight interface. This is the first and most important analytics tool for stake-holders to evaluate their business.

Psychometrics

A stand-alone app that enhances the Turnkey Lender AI-powered Decision Engine with a psychological test developed by experienced psychologists, lending specialists, and in-house AI engineers. The test, combined with the deep neural networks which analyze its results, accurately evaluates loan risks and potential borrowers even without credit history or bank account data.

Unique Value Proposition

Proprietary machine learning and deep neural networks tailored to your business and customers

Fastest possible time-to-market

Market-leading, ready-to-use unified lending management solution

No-code API integration with any third-party or internal data source or service

Bank-grade automation at a fraction of a price

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What
Business Owners
Say

Our users like the platform we got from TurnKey Lender much better than what we use to do. And regulatory compliance got much simpler. Thanks to TurnKey Lender’s screening and reporting functionality, we weed out the vast majority of the dangerous borrowers. Then the system-generated reports can be used for regulators. Our new TurnKey Lender platform has exceeded expectations, and the overall user experience has improved.

TurnKey Lender team was able to provide Zilingo with an end-to-end lending solution that helps us automate origination, approval, servicing, repayment and more. Thanks to its cloud-based nature, our employees and clients around the globe can access the system at any time. In TurnKey Lender we’ve found a reliable partner. We know that whenever there’s a challenge, we can work out the optimal solution together.

We looked at other lending solutions. But TurnKey Lender was just more accessible and...well, ‘turn key.’ Now we're on a level playing field with the bigger guys without the overhead. This, and intelligent credit scoring, helps us provide our borrowers with affordable loans while working at a profit.

TurnKey Lender facilitated growth and even enabled it. They helped us take excess capacity and fill it. We haven’t changed our business, but we have grown it. In-house financing helps us make sure that the operating rooms are full. With software like TurnKey Lender, any clinic can do it. What’s nice about the platform is its flexibility. The system is structured enough for a newcomer but as you gain expertise it has the flexibility to adjust to a more dynamic organization.