Case Study: ANZ Bank achieves 20-minute digital lending decisions with Feedzai Orchestration

ANZ Bank approves small-business loans in 20 minutes with Feedzai

ANZ Bank, a leading financial institution, sought to transform its digital lending process for small business customers. The challenge was to streamline access to external data sources, such as accounting software platforms, to provide rapid and informed lending decisions while overcoming the significant difficulties typically associated with integrating new data workflows.

Partnering with Feedzai, ANZ leveraged the Feedzai Orchestration Solution to implement a single API platform. This technology automated access to multiple external data sources, enabling fast and secure data collection and verification for the ANZ GoBiz platform. The solution resulted in lending decisions in under 20 minutes, $150 million in incremental bank funding, and a fully digital application process with no paperwork for customers. Feedzai's platform provided a foundational technology that accelerated ANZ's business growth.

ANZ Bank