Permanent TSB in deal with Irish fintech CreditLogic

Permanent TSB bank has agreed a deal with Irish fintech CreditLogic which will see the company provide a new digital application platform for mortgage applicants.

The bank said the new agreement will allow its customers to complete their entire mortgage application process online through a special app designed for “exceptional ease of use and security”.

A personalised application process enables consumers search for mortgages, determine eligibility and apply in five steps and receive approval in principle in under an hour.

The new platform leverages open banking, Artificial Intelligence (AI) and analytics to revolutionise new loan processing and workflow.

The bank said it is aiming to begin receiving applications via the new platform later this year.

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Source: Permanent TSB in deal with Irish fintech CreditLogic