Uzbek technology company WOOX has announced the modular platform FINTRAL. The system allows banks and microfinance institutions (MFIs) to assemble new loans, cards, and deposits from ready-made blocks, shortening the time to market.
The company announced the release in a statement. The platform is positioned as an add-on to a classic core banking system (CBS). While the base CBS handles current transactional operations, FINTRAL takes over product logic and customer experience management.
Finteqstan previously reported that Uzbekistan is changing the rules for purchasing goods on installment, tightening requirements for operators. Under these conditions, financial companies need flexible IT systems to quickly adapt credit scenarios to new regulatory frameworks.
FINTRAL’s architecture includes over 20 functional modules. These feature a full-cycle loan pipeline, AI algorithms for automated scoring, Open Banking tools for connecting with external services, and risk management modules. It also includes a dedicated option to create Islamic finance products.
The system supports integration with local financial services and can be deployed in the cloud or on an organization’s own servers. According to the developers, basic deployment takes up to five business days. At the time of the announcement, the vendor did not disclose any public clients or pilot implementations among Uzbek banks.
Ready-made modular solutions allow credit organizations to test and launch products faster without investing months in from-scratch development.
