Globant Launches The Digital Lending Studio

Rhea-AI Summary

Globant (NYSE: GLOB) has launched its Digital Lending Studio to revolutionize the consumer lending experience. This initiative follows the acquisition of Bluecap's team and aims to enhance data-driven decision-making while reducing operational costs. The global lending market is expected to reach USD 8809.55 billion by 2025, positioning the studio favorably for future growth. Key features include Smart Underwriting, AI monitoring, and Digital Collections, all designed to optimize customer experience.

Positive

• Launch of Digital Lending Studio to enhance consumer lending.
• Acquisition of Bluecap's team strengthens service offerings.
• Global lending market projected to reach USD 8809.55 billion by 2025.
• Innovative solutions like Smart Underwriting and AI monitoring enhance customer experience.

Negative

• None.

SAN FRANCISCO, Aug. 11, 2021 /PRNewswire/ -- Globant (NYSE: GLOB), a digitally-native technology services company, today announced the launch of their Digital Lending Studio to help clients reinvent the consumer lending experience, make optimal data-driven decisions, and significantly reduce their cost of business through digital transformation in the lending process. After the strategic acquisition and integration of Bluecap's team to Globant, this Studio brings together both Globant and Bluecap's expertise to offer the most innovative end-to-end lending innovation solution.

"We are in front of a unique opportunity as we seek to reinvent the lending process," said Diego Tártara, Chief Technology Officer at Globant. "Consumers are looking for efficient, personalized and immersive experiences while lenders seek rich consumer data to make the most informed decisions. We are helping banks and other lenders digitally rethink the lending experience to enhance consumer satisfaction."

"According to Research and Markets, the global lending market is projected to reach USD 8809.55 billion by 2025. The Digital Lending studio will allow lenders a seamless connection with each customer, ensuring a strong competitive position for the future," said Antoni Vidiella, Head of the Digital Lending Studio at Globant. 

This offering includes core practices, such as Smart Underwriting, to ensure an exceptional user experience within the digital lending process for each customer, AI monitoring, which provides proactive monitoring integrated into daily risk analysis to anticipate future borrower's trouble and Digital Collections to ensure greater efficiency at the lowest cost, prioritizing the Customer Experience, optimization of the value of the portfolio.

"There are several trends and new disruptive players changing the way of interaction in the banking system," said Maite Barrera, CEO of Bluecap, a Globant Division. "We want to address this evolving environment to provide banks, financial institutions and fintechs with greater efficiency at the same time they improve their customer experience."

To learn more about Digital Lending Studio visit here.

About Globant

We are a digitally native company that helps organizations reinvent themselves to create a way forward and unleash their potential. We are the place where innovation, design and engineering meet scale.

• We have more than 17,250 employees and we are present in 18 countries working for companies like Google, Rockwell Automation, Electronic Arts and Santander, among others.
• We were named a Worldwide Leader in CX Improvement Services by IDC MarketScape report.
• We were also featured as a business case study at Harvard, MIT, and Stanford.
• We are a member of the Cybersecurity Tech Accord.

For more information, visit www.globant.com

Contact: pr@globant.com

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SOURCE Globant

FAQ

What is the Digital Lending Studio launched by Globant?

Globant's Digital Lending Studio aims to transform the consumer lending experience through innovative solutions and data-driven processes.

When was the Digital Lending Studio announced by Globant?

The Digital Lending Studio was announced on August 11, 2021.

What market growth is expected for the lending industry according to Globant?

The global lending market is projected to reach USD 8809.55 billion by 2025.

How does the Digital Lending Studio improve customer experience?

It offers features like Smart Underwriting and AI monitoring to enhance efficiency and tailor experiences for consumers.

What company acquired Bluecap's team?

Globant acquired Bluecap's team to enhance its offerings in the Digital Lending Studio.