The AutoSettle Solution For Lenders
A secure ecosystem, accessible only by verified parties, where dealers, private sellers, buyers and lenders safely interact in a private virtual settlement room. Contact the Team
The Problem
Automotive Lenders are facing numerous challenges including:
- Fake IDs, fraudulent actors
- Complicated manual paperwork process
- Managing interactions with other lenders
- Bank delays and other inefficiencies in payment processing
- Industry-wide risk of cyber attacks & data breaches
- A competitive landscape where small details matter
The AutoSettle Solution for Lenders
- Streamlined Processes: Automated onboarding/KYC, instant payments, automated registry documentation, e-contracts & e-signing for loan agreements.
- Enhanced Security and Compliance: Enhanced verification of ID and vehicle data eliminates fraud risk in loan transactions, reduces data breach risk, and ensures regulatory compliance.
- Improved Customer Satisfaction: Faster self-serve customer onboarding, for an improved customer experience, increasing customer loyalty.
- Vehicle Data Management: Instant vehicle data retrieval, verification against state registries, PPSR checks, written off/stolen checks, instant valuations,
- Lender Management: Engaging with other lenders, updating payout figures where settlement is delayed, orchestrating multi-party settlements, facilitating instant payments, and managing PPSR security discharge and lodgement.
Lenders in Australia
Automotive Finance Market
Car Loans in Australia
Best of Breed Technology for Lenders
- Digital ID
- Next Generation Payments
- Verified Data stream
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