Intellect Design Arena Launches PF Credit in the Philippines
Filing Summary
Intellect Design Arena Ltd has launched PF Credit in the Philippines, a suite of digital experts powered by its Purple Fabric platform. This initiative aims to enhance the lending capabilities of Philippine banks by improving speed, accuracy, and compliance in lending operations. PF Credit includes five digital experts addressing various stages of the lending lifecycle. The suite ensures adherence to local regulations such as BSP, AMLC, and the Data Privacy Act. Intellect Design Arena continues to support financial institutions with advanced AI-driven solutions for efficient loan management and collections.
Intellect Design Arena Ltd has announced the launch of PF Credit in the Philippines. This suite of digital experts is powered by the company’s Purple Fabric platform and is designed to enhance the lending capabilities of banks in the region. The launch follows the global introduction of PF Credit and focuses on improving the speed, accuracy, and compliance of lending operations for Philippine banks.
The PF Credit suite comprises five digital experts, each addressing a critical stage of the lending lifecycle. These experts are designed to improve processes from loan origination to collections and servicing. The suite leverages advanced Large Language Models and deep domain intelligence tailored to the Philippine market. It ensures strict adherence to local regulations, including BSP, AMLC, and the Data Privacy Act standards.
The Loan Origination Digital Expert accelerates onboarding by extracting and validating data from key documents, reducing processing time significantly. The Loan Underwriting Digital Expert lowers non-performing asset risk and improves credit decision-making by analyzing financial documents and utilizing deviation management and contextual data analysis. The Loan Customer Service Digital Expert autonomously resolves inquiries, reducing call center traffic. The Loan Operations Management Digital Expert reduces operational costs by eliminating manual processes. Lastly, the Loan Collections Digital Expert enhances recovery rates and agent productivity through intelligent case allocation and effective engagement tools.
The PF Credit suite is available as a full-stack offering with Intellect’s eMACH.ai Lending platform, providing an end-to-end digital credit transformation. It can also integrate with existing lending solutions like Loan Origination Systems, Loan Management Systems, and Collections Systems. This integration aims to provide banks with the necessary tools for efficient loan management and collections.
The launch of PF Credit in the Philippines aligns with the country’s focus on digital transformation and financial inclusion. Intellect Design Arena has over a decade of collaboration with banks in the Philippines, supporting financial institutions with advanced AI-driven solutions. The PF Credit solution incorporates an AI-driven framework that captures the unique characteristics of the Filipino borrower, including the validation of PhilSys IDs and interpretation of salary credit patterns in bank statements.
Intellect Design Arena Ltd is a global leader in enterprise-grade financial technology, delivering composable and intelligent solutions to financial institutions across 61 countries. The company’s product suite spans various sectors, including Wholesale Banking, Consumer Banking, Central Banking, Wealth, Capital Markets, Treasury, Insurance, and Digital Technology for Commerce. Intellect Design Arena applies First Principles Thinking and Design Thinking to enable faster, modular transformation with measurable outcomes. The company serves over 500 customers worldwide, supported by a diverse workforce of solution architects and domain and technology experts.