Glarner Kantonalbank is maintaining its momentum as a developer of digital innovations. The bank now plans to introduce a digital loans advisory tool together with Finnova.

Glarner Kantonalbank (GLKB) and Finnova will jointly develop a tool for the digital loans advisory. The solution will be integrated into the core banking system of Finnova, GLKB said on Thursday.

The tool will cover the entire process from the initial advice right through the approval and processing of the provision of a loan.

Value for Money

The development will focus on providing banks a tool that provides a universal, process-based advisory with a uniform customer experience. The processing and integration have to provide good value for money.

The finished product will be marketed as Finnova Loan Advisory and will be provided to companies that use Finnova solutions as well as to banks that work with other core-banking solutions.

GLKB didn’t provide any further innovation, because of an agreement to maintain silence.