Industries · Banking and small business · In progress

Credit and KYC decisions with the reasons on record

Consumer and small-business credit, limit changes and KYC refreshes, each recorded with the evidence used, the policy that applied and the approvals required, so adverse-action notices and examiner questions have a real answer.

Become a design partner What works today
Where this stands In progress

The foundation works today. The banking pack is being built.

Works today, for every industry
  • One view of every party. People, companies, households and locations matched across your systems.
  • Evidence with a source. Every fact carries where it came from and how far it can be trusted.
  • Approvals that match authority. Decisions approved by people whose authority covers them, checked at the moment of approval.
  • Signed, replayable records. Every decision sealed as one record an auditor can verify and replay.
Being built for banking and small business
  • Retail and small-business decision types and approval tiers
  • Adverse-action notice templates
  • KYC refresh workflow
What design partners do now

Start in a private sandbox with synthetic or approved sample data, using the shared foundation for one real decision, and shape the industry pack with us as it's built. Builds on the commercial lending pack, which is available today.

Who it's for

Decisions we're building for

Retail and small-business credit teams, credit committees, KYC and onboarding teams, and fair lending and compliance reviewers.

Credit approvalsLimit increases and decreasesCovenant waiversKYC refreshAdverse-action notices
What's hard today

AI helps with the task. Proving the decision is still manual.

The same decision, today and with KrisVen

Planned
Today

AI helps score applications and prepare files, and reviewers check the output. But reason codes are written after the fact, guarantor and beneficial-owner checks sit in separate tools, and committee approvals live in minutes or email. Proving that protected attributes played no part is a manual exercise.

What we're building

Each decision records the ratios computed from verified statements, every guarantor and owner checked, and the committee quorum that approved it. Adverse-action notices are built from the policy conditions that actually failed, never from a written-after narrative.

Value we're building toward

What your team will get

Notices built from real reasons

Adverse-action and decline reasons come from the conditions that failed, so the notice matches the decision.

Committees with dual control

Approvals above a limit require the right quorum, and each member's authority is checked.

Fair lending evidence

Show which inputs a decision used, and that protected attributes were not among them.

KYC that stays current

Refresh decisions see every owner and guarantor, with stale documents flagged before approval.

How it will work

A small-business line increase above the branch limit

A synthetic example of the planned workflow.

  1. 1

    The file comes together

    Two years of statements, the bureau report and the beneficial-ownership certification are matched to the business and its two owners.

  2. 2

    Ratios are computed, not guessed

    Coverage and leverage are calculated from verified statements, with each figure linked to its source.

  3. 3

    Policy decides the route

    The requested limit is above the branch's authority, so the decision goes to the credit committee.

  4. 4

    The committee approves

    Two members with the required authority approve; their authority is checked at sign-off.

  5. 5

    The record is sealed

    If the request had been declined, the notice would list the exact conditions that failed.

Value you'll be able to measure

What to baseline now

Design partners set these baselines on their current process, so the improvement can be measured when the pack is ready.

Time to answer an examinerHow long it takes to show the evidence, policy and approvals behind one decision.
Notices that match the decisionThe share of adverse-action notices whose reasons match the recorded failed conditions.
Committee approvals on recordDecisions above a limit with the full quorum and authority recorded.
Stale KYC caughtRefreshes where outdated owner or guarantor documents were flagged before approval.
Regulatory pressure it will help with

Built with your regulators' questions in mind

Fair lending and adverse-action notices (ECOA / Reg B)Use of consumer reports (FCRA)Customer due diligence and beneficial ownership (BSA/AML)Unfair or deceptive practices (UDAAP)Model risk management

KrisVen provides governance infrastructure that supports these expectations. Determining and attesting to compliance remains the responsibility of the deploying organization and its counsel.

Works with what you run

Alongside your existing systems

KrisVen will connect to the systems your teams already use and record the decisions made with them. It doesn't replace them.

Core bankingLoan originationCRMCredit bureausKYC and screening providersDocument stores

Shape the banking and small business pack with us

Design partners start now on the shared foundation with one real decision, and get early access as the industry pack is completed.

Become a design partner See all industries