Team Nupeak LoanTech : Smart Loan Approval: Revolutionizing Finance with AI & OCR
| Team Name | Nupeak LoanTech |
| Track | Banking |
| Use Case |
Smart Loan Approval: Revolutionizing Finance with AI & OCR. Description :- Traditional loan approvals are slow, paper-heavy, and prone to human error, leading to delays, higher costs, and weak fraud detection. Our solution, Smart Loan Approval via OCR and AI, transforms this process by automating document verification and risk assessment. Applicants upload financial documents (bank statements, salary slips, tax returns) through a digital portal or mobile app. AI-powered OCR extracts structured data with high accuracy, eliminating manual entry. Machine learning models then analyze creditworthiness using income patterns, credit history, and debt-to-income ratios while simultaneously detecting fraud (tampered documents, identity mismatches, unusual transactions). The system provides instant loan decisions—approve, reject, or request additional data—integrated seamlessly with existing banking workflows. The result: loan approvals in minutes instead of days, reduced fraud risks, operational efficiency for banks, and an improved customer experience. This business case demonstrates measurable financial benefits, enhanced compliance, and a socially impactful push towards faster, secure, and accessible banking. |
| Technology | SAS Viya 4 |
| Region | Asia Pacific |
| Team lead | Akhilesh Kashyap - @Akhilesh478 |
| Team members |
Nilesh Rathod - @Nilesh478 Tejas Dabhi - @Tejas478 |
| Social media handles | NA |
| Is your team interested in participating in an interview? | Yes |
| Optional: Expand on your technology expertise | SAS Viya, SAS AML, SAS Risk Solution, SAS FCA, SAS CCM |
Pitch Video
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