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  5. 2018 Model Bank Winner for Lending: Majid Al Futtaim Finance

2018 Model Bank Winner for Lending: Majid Al Futtaim Finance

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23 April 2018
Craig Focardi

Abstract

Celent recognizes Majid Al Futtaim Finance as the 2018 Model Bank: Lending for their initiative in Enterprise Transformation for Instant, In-Store Issuance of Credit Cards.

MAF Finance built an automated credit card and consumer loan underwriting system that provides instant approval, issuance, and activation of a plastic credit card in 15 minutes, including identity verification, credit bureau-based credit evaluation and scoring, and onsite card printing.

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