Bank Plans to Leverage Online Account Opening to Support Loan Growth
Objectives, Improve Customer Experience and Expand Lending Footprint
LAKE MARY, FL, Aug. 25, 2014 /CNW/ - DH Corporation (TSX: DH) (the
"Company") announced today that Old Second National Bank ($2B), based
in Aurora, Ill., has selected the uOpen™ loan account opening solution
for online consumer and small business loans, DecisionPro™ for
automated loan decisioning, as well as related solution modules.
Old Second National Bank, an existing D+H LaserPro® and MortgagebotPOS™ client, selected uOpen and DecisionPro to complete its end-to-end
automated lending suite from D+H in support of its loan growth goals.
In adding these solutions to the mix, the bank expects to maximize
efficiency, improve the consumer experience and increase market
awareness as a first-choice lender.
"Growing our consumer and small business loan portfolio is a top
priority for us," said Keith Gottschalk, EVP and COO, Old Second
National Bank. "With the addition of uOpen and DecisionPro to our
existing D+H lending solutions, we have created a seamless lending
process for both our retail and online environments. We are able to
open loans at a greater volume and with faster closing times, while
offering convenience for our customers and improving our market
footprint with greater visibility online. We want to be top of mind
when customers and the marketplace seek a loan. We are confident that
these solutions will help us get there."
As part of the uBanking™ suite, which allows financial institutions to
offer various customizable online services to customers, uOpen enables
account opening and funding for consumer and business deposits and
loans. DecisionPro provides automated workflow, better credit and
compliance risk management and improved operational efficiency. It also
delivers a powerful suite of productivity and risk mitigation tools to
address the key areas of credit underwriting and origination workflow
"uOpen, MortgagebotPOS, LaserPro and DecisionPro are fundamental aspects of our end-to-end
lending solution," said Scott Hansen, senior vice president of
marketing, D+H. "Lending is one of the most important keys to success
for growth-minded financial institutions. Our suite of lending
solutions helps them deliver a consistent experience for customers both
online and in the branch, while also helping to improve efficiency,
handle a greater volume of applications and facilitate faster closing
D+H is a leading provider of secure and reliable technology solutions to
domestic and global financial institutions with a reputation for being
a trusted partner that helps clients build deeper, more profitable
relationships with their customers based on rich industry and market
insight, and consumer knowledge. Today, approximately 7,000 banks,
specialty lenders, community banks and credit unions rely on D+H to
deliver solutions across three broad service areas: Banking Technology
Solutions, Lending Solutions, and Payments Solutions. Our integrated,
compliant technology solutions enable clients to grow, compete, and
optimize their operations, while our forward looking approach helps
them stay ahead of the market and anticipate changing consumer needs.
D+H is one of the world's top FinTech companies as measured on the
FinTech 100 list.
DH Corporation is listed on the Toronto Stock Exchange under the symbol
DH. Further information can be found at www.dhltd.com and in the disclosure documents filed by DH Corporation with the
securities regulatory authorities at www.sedar.com.
For media inquiries, please contact:
Stacey Leone, Director, Public Relations
Phone: (407) 804-6653
SOURCE: DH Corporation