Case Study: altbanq boosts underwriting efficiency and fraud detection with Ocrolus AI-powered analytics

Altbanq leverages Ocrolus’ AI-powered analytics to increase underwriter productivity and reduce fraud risk

altbanq, founded in 2014, provides fast, flexible financing to small and medium-sized businesses. As application volume grew, the company needed a faster, more scalable way to review bank statements and detect fraud without slowing underwriting or sacrificing accuracy. To meet that challenge, altbanq turned to Ocrolus and its AI-powered analytics platform.

By integrating Ocrolus through an API connection and dashboard, altbanq automated cash flow analysis and strengthened fraud detection within its underwriting workflow. The result was faster credit decisions, higher underwriter productivity, and the ability to review multiple deals at once with significantly less processing time. According to altbanq, Ocrolus helped make underwriting seamless while improving the speed, consistency, and safety of loan approvals.

altbanq

Steve Hauptman

Chief Revenue Officer