Permanent TSB The bank has signed an agreement with Irish fintech firm CreditLogic to provide a new digital application platform for mortgage seekers.
The partnership will allow mortgage applicants to complete the entire application online.
Terms of the deal were not disclosed. The bank plans to start accepting applications through the new platform later this year.
Tom Hayes, CTO of Permanent TSB, said the new platform is part of the bank’s ongoing investment in its digital infrastructure.
“We recently introduced a new digital checking account opening process and we expect this new mortgage application platform to be available in the second half of the year,” he said.
Eddie Dillon, Executive Director Creditlogic said the agreement with the Permanent TSB was a key milestone for the fledgling company; “Permanent TSB is synonymous with mortgages in Ireland and partnering with them is massive support for our platform and its implementation of unique lending processes focused on digital technologies. “