Decision logic loan is the most secure bank verification technology created till date. It is a secured verification that protects the interest of the bank from fraud stars that always bring fake bank statement to defraud the money from bank through bank loan.

In this article you are going to learn so many things about decision logic loan. However, how it was originated, who developed it and how it works.

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Decision Logic Loan


Decision logic loan was developed by CEO Carl Fredrick’s. He is the  former Vice President of an IBM partner and account manager for several governments, industrial, and financial institutions. And CTO and President David Evans –who has over 25 years as a Chief Technology Officer, and experience as a Scientific Adviser to the UK government among other roles.

Decision Logic software was developed to be an advanced bank verification system. This would enable lenders to instantly verify financial information in the battle against fraudulent bank statement. However, it has been a growing concern and becoming more prevalent in the business lending space.

It was designed in the wake of the 2008 financial crisis, caused in part by a loosening in upholding qualification standard for the approval of home mortgages, where many applicants were submitting altered statements to get approvals for mortgages they were not qualified for.

therefore, Without adequate technology to verify if banking information placed down during the qualification process was valid or not. However, many received mortgages beyond their financial capability.

As a result, families were left paying for a mortgage they couldn’t afford, and ultimately lost their homes in the housing bubble that resulted from it. As the evolution of the financial technology markets spread to the business side of things. However, decision logic has become the standard for bank verifications.

And so, Decision Logic doesn’t just help prevent fraud, but improve industry standards throughout the fintech industry.


It’s natural and healthy to be wary of any service that asks for your banking information, especially in the days of mass data breaches and other technology –related scams. After all, in the information age, information itself is valuable and can be misused. However , its an occasional misconception by some aspiring borrowers, that Decision Logic itself is a scam designed to steal your banking information. In fact, that couldn’t be further from the truth.

Decision Logic today works with over 21000 financial institutions and is a trusted entity that helps make the lending process easier for both borrowers and lenders.


According to Decision Logics Documentation.

This system has partnered with the leading credit and data providers around the world. Therefore, to offer unique data provider Aggregation Environment. Decision Logic has harnessed the latest technologies of these data providers, and brought to the market a solution that is innovative, easy to use, efficient, and secure.

For many lenders , decision logic is a trusted partner that helps them and the borrower, through the approval process faster and with less hassles.


So how does the decision logic service work?

If you are in the process of applying for a business line credit card or loan, you might be wondering what exactly the service will do in accessing and retrieving your information.

If you are a lender, you might be wondering exactly how you can use your decision logic to streamline the information retrieval system.

Here is a breakdown of each step:

Step 1 : Send a link

Before closing a business loan or advance application, the lender sends a custom decision logic link. This is done via either text SMS message or emails which the applicant /business owner accesses.

Step 2: Customer Opt –in

Next, the applicant inputs their banking information. Keep in mind that this link can only be used once. However, so as soon as the link is used it can’t be accessed again.

Step 3: Opt-in Successful

Once the information has been inputted, the Opt-in is successful and the verification process is complete.

The customer will then receive a success notification and is redirected to the lenders website automatically. Keep in mind , as a further security measure , if applicant does not input their information within a certain period of time, that link is voided and will no longer work. In addition to that, only underwriters will have access to the data and strictly date-to-date business statements and not decision logic or the lender.

Step 4: View bank Statement

Now, the lender has access to the applicant bank statements, which they can review for authentication purposes. This also allows the lender to connect via API and helps expedite the funding process.

The statement the lender receives is a read-only version of the applicant business bank statements. Therefore, is solely for the purpose of helping determine approval. And that’s all there is to it. The entire process is started and completed in as little as a matter of minutes.


This is a common question from potential borrowers as they move through the application process.

The simple answer is

Decision logic does not keep your login credentials on file.

Its technology allows a lender to receive the last 12 months of banking activity and as well as for them to cross reference the data received when applying for a loan to avoid deals being funded with doctored documents.

It also allows the financial institution to view your current months activity. However, to prevent prospective borrows from double funding –i.e. taking two loans from different lenders at the same time. Therefore, to effectively over –leveraging themselves and becoming at risk for default as a result.