In FlexFinanceJabatix, it is possible to compare new customers and existing customers against various lists when a loan application process is initiated. This is to prevent a customer who has a problematic credit rating, known dubious behaviour, a criminal record, is on a blacklist, is involved in legal disputes or whose business has failed, from receiving credit.
This information about the customer is kept either within the bank or by external service providers and displayed to the user. The request for the lists and display of the results can be integrated into FlexFinance Jabatix and the result of the query can be included in the processing of the application.
...
Blacklists
Blacklists contain persons for whom mandatory restrictions on business relationships exist in accordance with a bank's internal rules. It is usually not possible for these people to obtain credit. FlexFinance Jabatix can evaluate this information and prevent the application from being processed further in accordance with the stored rules.
...