WHAT JESTER AI IS ALL ABOUT
JESTER AI ensures that more applicants complete their credit applications and get approved!
At JESTER we make big data work for consumers, lenders and sales organisations. Using our machine learning algorithms we ensure a better return on marketing investments and enable higher acceptance rates at sustainable risk!
OPTIMIZED LEAD CONVERSION
Online Credit Applications experience a cancellation rate of up to 70% before completion. JESTER AI reduces and shortens the customer Journey and eliminates ´break off´ points significantly. Automated online realtime calculation of more than 40 attributes without customer intervention increases completion rate significantly.
TARGETTED PRICING AND CONSOLIDATION OF EXISTING LOANS
Information on existing credit products (loans, mortgages, overdrafts etc.) are retrieved and calculated online realtime. Calculation of current outstandings, payment plans, interest rates for targetted pricing and offering.
NO PAPER - NO HUSTLE FOR BANK AND CUSTOMER
Automatic Household Income and Expense calculation on single item levels. Verification of Income without paper based documents increases efficiency and closure rate.
CREDIT OFFERING FOR UNDERBANKED OR DECLINED CUSTOMERS
JESTER AI credit decision engine is targetted towards customer that find it difficult to obtain a loan from incumbent banks. JESTER is not a complimentary offer and not in competition with classic banks.
HOW JESTER AI WORKS
JESTER delivers greater insights by analyzing hundreds of variables and thousands of interaction effects from data immediately available from your customer.
Our seamless integration with data and process and application flows provide the power of AI without disrupting your current technology systems or workflows.
JESTER AI uses a machine learning based, adaptive and dynamic categorization of account transactions identifying a multitude of customer attributes, spending patterns, expense and income specifics and can be customized to the specific needs of borrowers and sales organisations.