Case Study: Argyle boosts income verification coverage to nearly 80% with Ocrolus

How Argyle and Ocrolus are boosting income verification coverage from 60% to 80% of borrowers

The customer, Argyle, faced a challenge with legacy income verification methods that only covered about 60% of loan applicants. These outdated systems, which relied on static databases, often provided incomplete or non-real-time data, limiting loan approvals and slowing down the lending process. To address this gap, Argyle partnered with the vendor Ocrolus and its AI-powered data and analytics platform.

Ocrolus implemented a solution that combined its AI-powered document automation with a human-in-the-loop review process. This allowed Argyle to analyze pay stubs and bank statements for applicants not covered by its real-time payroll connections. The measurable result was that Ocrolus helped boost Argyle's income verification coverage from 60% to nearly 80% of applicants, enabling faster and more inclusive lending decisions for their shared clients.

Argyle

Shmulik Fishman

Chief Executive Officer