For Newsweek, explains Karol Kuryło, Chief Data Architect & Cloud Solutions Engineer at Dual Core Fintech Forge: “Automating business processes in the case of loan companies ensures, above all, reducing the time needed to analyze loan applications, the process of signing contracts, disbursement of funds and debt collection. It allows you to reduce operating costs and is a competitive advantage over other entities on the market. When assessing risk, automation allows you to limit errors of the human factor, which may have a worse or better day, and sometimes evaluate the same data in a completely different way, or even follow the previously analyzed conclusion.”