DirectID: Announced that it has partnered with Constant
- DirectID global credit risk platform that is redefining the industry for both lenders and their consumers
- Constant, a fast-growing provider of digitized, self-service technologies for banks and credit unions, to transform digital loan servicing
- Their integrated solution will enable borrowers to self-serve for loan management tasks that usually require agent assistance
- In addition, through the use of Open Banking, it will provide an accurate picture of the borrower’s financial situation
- Despite the digitization of the front office, loan servicing and loss mitigation processes are often still handled by people
- The program run for 12 months and includes discounted implementation and subscription fees of the Constant Digital Servicing Portal
