Tasdeeq has formalized a strategic partnership with BenchMatrix to transform credit decisioning practices within Pakistan’s financial sector. Through a signed Memorandum of Understanding, Tasdeeq’s Credit Risk Assessment tools and scoring models will be fully integrated into BenchMatrix’s Loan Origination System, a solution already in operation at leading banks across the country. This move will enable financial institutions to access real-time, API-based credit reports directly within their lending workflows.
The integration of Tasdeeq’s technology will streamline how creditworthiness is evaluated, reducing manual processes and allowing banks to process applications more efficiently. By embedding credit risk scores into BenchMatrix’s trusted system, lending institutions gain immediate access to critical data insights needed to make informed credit decisions. This capability not only increases operational speed but also enhances security and confidence in lending practices.
The collaboration addresses a key industry challenge—delivering more automated and inclusive credit infrastructure in a sector where traditional evaluation methods have limited access for many potential borrowers. Tasdeeq’s scoring models are tailored to consider diverse data sources, improving how banks assess individuals who may not have conventional financial histories. This makes the integration particularly valuable in expanding financial inclusion across Pakistan’s underbanked population.
BenchMatrix’s Loan Origination System has long served as a key platform for digitizing credit workflows, offering a secure and scalable system that supports banks through various stages of the credit lifecycle. With Tasdeeq’s credit risk tools embedded directly into the system, banks now have the ability to carry out comprehensive credit assessments without the need to switch platforms or engage in multiple verifications. This improves the experience for both the institutions and their customers by reducing time-to-decision and enabling personalized risk evaluation.
The initiative aligns with a broader trend in Pakistan’s fintech landscape, where localized solutions and strategic collaborations are playing an increasing role in enabling financial innovation. The deployment of domestic technologies tailored to regional banking needs supports more accurate risk profiling and introduces efficiencies that previously required costly third-party integrations. It also demonstrates the value of interoperable platforms that foster seamless exchange of critical credit data across trusted networks.
Key individuals from both organizations, including Omar Khalid, Taimur Kaleem, and Abdul Ghani Dadabhoy, are leading this integration effort. Their focus remains on improving the accessibility, accuracy, and reliability of credit data across financial institutions while contributing to a smarter, data-driven ecosystem. By creating a secure and instant pipeline for delivering credit insights, this partnership not only strengthens digital lending infrastructure but also supports broader goals for financial sector modernization and inclusion.
Source: LinkedIn
