American National Bank of Texas Selects Newgen to Deliver Superior Lending Services

McLEAN, Virginia, August 9, 2018 /PRNewswire/ --

Newgen Software Inc., a provider of banking software solutions, announced the American National Bank of Texas (ANBTX) has selected its consumer loan origination solution to digitize and automate its retail lending process. This will enable ANBTX to offer a more proactive and comprehensive end-to-end solution while delivering an enhanced customer experience.

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"Today's consumers need a fast, efficient loan process from start to finish-whether they're buying a car or having to finance unexpected expenses. That's why we're focused on adopting a platform that's both agile and adaptable," said Sharon Lee, Senior Executive Vice President of Client Services for ANBTX. "Not only are we automating our consumer lending process, but we're providing effective risk management across all our channels," continued Lee.

"There is a need for dynamic and evolving applications to help banks keep up with changing market conditions, competition, and regulatory compliance. Newgen solutions are based on Business Process Management and Enterprise Content Management platforms and can offer ANBTX a configurable unified platform for rapid automation of their core lending processes," said Mr. Diwakar Nigam, Chairman and Managing Director, Newgen Software.

ANBTX will leverage Newgen's comprehensive retail lending solution to optimize its consumer loan processes-from pre-screening and application processing to underwriting, closing, and funding-across a range of loan products. The solution is flexible and responsive allowing ANBTX to independently run most of the changes in a paperless and electronically-driven workflow environment. The solution drives straight-through processing and delivers intelligent automation, reducing funding time and improving the customer's experience.

About American National Bank of Texas: 

American National Bank of Texas (ANBTX), founded in 1875 in Terrell, Texas, is one of the oldest and largest independently-owned banks in the state. With assets of $2 billion, the bank has more than 28 locations throughout North Texas serving Collin, Dallas, Hunt, Johnson, Kaufman, Rockwall, Tarrant, and Van Zandt Counties. As a community bank, American National Bank of Texas offers traditional banking products and services to individuals, businesses, and municipal governments. They also provide individual and corporate trust, investment and estate planning services through their Wealth Management Group as well as personal and commercial insurance and risk management services through ANBTX Insurance Services. ANBTX has consistently been ranked one of the Top 100 Places to Work by the Dallas Morning News. Visit American National Bank of Texas online at http://www.anbtx.com. Member FDIC.

For more information, please visit https://www.anbtx.com

About Newgen Software Inc.:  

Newgen Software Inc. (subsidiary of Newgen Software Technologies Limited) is a global provider in banking process automation with more than 200+ banks and financial services institutions as its clients. Newgen's banking process management framework automates critical business processes for banking institutions across commercial lending, consumer lending, customer on-boarding, online account opening, trade finance, digital and mobile customer experience strategy. Newgen offers flexible on premise and cloud-based solutions to its banking customers.

For more information, please visit https://newgensoft.com/

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Asif Khan
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SOURCE Newgen Software Inc.