Sikoia has partnered with Mast to bring artificial intelligence (AI)-powered document processing to mortgage lenders and brokers.
The partnership means Mast will use Sikoia’s technology to automate checking of documents like payslips, bank statements and tax returns.
Sikoia’s platform automates income, employer and affordability checks, as well as verifying documents and flagging signs of tampering.
This aims to cut down manual review time from hours to minutes and check if documents meet specific lender requirements.
With Sikoia’s technology built in, Mast’s clients can reduce document handling costs and time by over 75%, automate identification of missing information and data verification, and lower document analysis errors to below 1%.
Alexis Rog, founder and CEO at Sikoia, said: “Speed and accuracy are essential in today’s mortgage landscape to meaningfully enhance the customer experience.
“Our partnership with Mast helps deliver that, cutting processing times, reducing errors, and enabling a smoother journey for borrowers and brokers alike.”
Joy Abisaab, co-founder and CEO at Mast, said: “We’re committed to helping lenders process applications faster and more intelligently.
“Partnering with Sikoia adds a powerful layer of document automation and data verification to our platform – enabling our clients to operate more efficiently while delivering a superior customer experience.”
