[1] National Australia Bank (NAB) has switched on the pilot of its new origination platform for personal banking customers, with a “small” number of applications being processed in a live environment.
[2] This is part of the bank’s strategy to launch of the platform for new loans applications, credit cards, term deposits and insurance for personal banking customers.
[3] The bank is carrying out the Oracle-based core banking overhaul aimed at cutting down on the need for paper documents, and enable customers to submit applications online.
[Source] Australian Information Technology News – NAB pilots new personal banking origination platform
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