Algebrik AI and Corelation Announce Integration Agreement

Algebrik AI Inc., a Delaware-incorporated company headquartered in New York City, pioneering the world’s 1st cloud-native, AI-powered, digital-era Loan Origination Platform (LOS), today announced an integration agreement with Corelation, a leading provider of core processing solutions for credit unions. This collaboration enables Algebrik’s advanced LOS to seamlessly work with Corelation’s KeyStone core system, offering credit unions additional capabilities to optimize their lending processes and enhance member engagement. Expanding Capabilities for Credit Unions Through this integration,...

Eastnets Launches Managed SWIFT Service on AWS Cloud

Delivering secure, scalable, and compliant SWIFT connectivity for financial institutions worldwide Fully managed SWIFT service ensures secure financial messaging, operational continuity, and SWIFT compliance. Powered by AWS infrastructure for enhanced scalability, security, and resilience. Flexible subscription-based pricing model tailored to institutional needs. Eastnets, a global leader in compliance and payments solutions, has launched its Managed SWIFT Service on AWS Cloud. The service address critical challenges such as regulatory compliance, operational complexity, and cybersecurity risks, the...

Clutch Secures $65M Series B to Propel Credit Unions into the FinTech Era

Clutch is turning credit unions into FinTech, and with the successful completion of a Series B funding round is now equipped with $65million to further transform the way credit unions deliver products and services to the members and communities they serve. The Series B funding round was led by Alkeon Capital Management with participation from Andreessen Horowitz, TruStage Ventures as well as Peterson Partners. “As the fastest growing, most widely-adopted and most holistic modern digital onboarding solution...

Agora Data Fuels United Consumer Finance with Innovative Funding

Agora Data, Inc., a leading consumer fintech company delivering cutting-edge technology, capital solutions, and robust loan performance analytics for the subprime to non-prime market, recently completed a $24 million transaction for United Consumer Finance, an indirect auto finance company that is aligning strategic resources for future growth. This innovative funding solution combines traditional refinancing structures with forward-flow arrangements, illustrating how finance companies can leverage access to capital and advanced AI-driven analytics to expand operations and increase profitability....

New Marketing Approach For Credit Unions and Community Banks

Credit unions and community banks have gained an advantage when competing for customers with national banks. Nettra Media has pioneered a new data-driven marketing approach that aligns advertising dollars with funded loans and accounts. While national banks continue to aggressively invest in their marketing outreach, smaller financial institutions have been at a disadvantage by not being able to align their advertising budgets with the number of home loans, vehicle loans, personal loans, and new accounts...

DeepTarget Expands Executive Leadership Team With the Addition of Tom Litwinowicz

DeepTarget Inc., a solution provider that utilizes data mining and business intelligence in order to deliver targeted communications across digital channels for banks and credit unions, today announced the addition of Tom Litwinowicz as Chief Revenue Officer. Litwinowicz brings nearly three decades of proven sales experience to his new position at DeepTarget, where he will complement the executive leadership team and spearhead the growth of revenue, sales and strategy. “Tom’s passion and knowledge of the...

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