Scotwest Credit Union has announced a partnership with LendingMetrics to install automated underwriting technology to speed up decisioning.
The Glasgow-based provider, which offers loans and savings accounts.
David Wylie, Commercial Director of LendingMetrics, said: “After considering a range of options, Scotwest decided ADP represented their optimal choice. They particularly liked the facility to change rules in real time by using a simple editor interface. This last feature enables clients to rapidly increase or decrease lending flexibility according to their risk appetite.”