MortgagebotMobile is the industry's first completely mobile mortgage application solution from a technology provider
TORONTO, Sept. 27, 2016 /PRNewswire/ - DH Corporation (TSX:DH) ("D+H"), a leading provider of technology solutions to financial institutions globally, today announced it is the first technology provider to launch a completely mobile loan application solution for regulated lenders with the introduction of MortgagebotMobile, part of the Mortgagebot® end-to-end lending platform from D+H. The next-generation offering meets the increasing expectation from consumers that anything traditionally done in the branch or over the phone should also be enabled on a mobile device.
According to the Consumer and Mobile Financial Services 2016 report by the Federal Reserve Bank, 87% of US adults are using mobile technology and 43% are using their device for banking services. MortgagebotMobile allows financial institutions to take accurate, qualified applications through the mobile channel. Because the platform is housed in the cloud, borrowers have the flexibility to complete an application in one channel or move seamlessly between channels.
"We believe MortgagebotMobile provides a solution that regulated lenders are eager to offer consumers," said Steve Hoke, Head, Lending, Retail Product Management at D+H. "As a truly mobile offering, lenders can provide a seamless experience that is done completely online, without the need for phone calls or other human interactions. Once an application is complete, the lender's response is delivered instantly to the user."
In addition, the new D+H solution is highly configurable, allowing lenders to customize and implement MortgagebotMobile to their unique specifications. Customers can modify applicant questions, showcase their own brand through an intuitive and responsive user interface and choose whether to implement the platform on tablet, smartphone or both.
D+H (TSX: DH) is a leading financial technology provider that the world's financial institutions rely on every day to help them grow and succeed. Our global payments, lending and financial solutions are trusted by nearly 8,000 banks, specialty lenders, community banks, credit unions, governments and corporations. Headquartered in Toronto, Canada, D+H has more than 5,500 employees worldwide who are passionate about partnering with clients to create forward-thinking solutions that fit their needs. With annual revenues in excess of $1.5 billion, D+H is recognized as one of the world's top FinTech companies on IDC Financial Insights FinTech Rankings and American Banker's FinTech Forward rankings. For more information, visit dh.com.
SOURCE DH Corporation