Non-bank lender Thinktank has announced a new partnership with Fortiro, a document verification and fraud detection firm, to further enhance its digital loan processing and fraud prevention tools.
The collaboration aims to speed up income verification, reduce manual document handling, and improve fraud detection accuracy – ultimately delivering faster, more transparent decisions to brokers and their clients.
The Fortiro partnership follows Thinktank’s recent integration with CitoPlus, a digital lending platform offering brokers an end-to-end online application process for commercial and SMSF loans. Together, these upgrades reflect the lender’s broader digital transformation strategy.
Fortiro’s advanced platform leverages artificial intelligence and an industry-wide intelligence network to verify documents within seconds. The technology analyses document layout, content, and digital properties to flag inconsistencies and detect fraud with precision.
“At Thinktank, we work exclusively with mortgage brokers, so we’re committed to investing in technology that improves the experience for our brokers and their clients,” said Nathan McMullen (pictured left), general manager credit risk at Thinktank.
“Our broker partners have told us that speed, transparency, and trust are paramount. Partnering with Fortiro is a natural extension of our commitment to delivering better outcomes through thoughtful innovation.”
Since its launch in 2006, Thinktank has evolved from a commercial and SMSF lender to one that also offers residential and private lending. Throughout that growth, the company has consistently responded to broker feedback and market needs by refining its processes and adopting technology-driven solutions.
“Lenders have invested heavily in digital technology, but many still rely on outdated, manual steps - particularly with documents,” said Sean Quagliani (pictured right), CEO at Fortiro. “Fortiro bridges that gap, helping Thinktank deliver a faster, more secure digital experience for brokers and their clients.”
