Tech investment priorities for financial leaders under pressure focus on modernizing legacy systems, building trusted partnerships, and leveraging data for growth.
RAI Partners today announced the appointment of Brian Scott as Co-Founder and Chief Growth Officer. Scott, the former Executive Vice President and Chief Growth Officer at Velera, brings more than 30 years of credit union expertise to help drive RAI Partners’ nationwide growth strategy. Scott will play a central role in expanding RAI Partners’ credit card profitability solutions for credit unions—including portfolio acquisitions, turndown programs for declined applicants, and white-label card program development. “I’m excited to join RAI...
Clutch, the leading provider of digital omnichannel origination experiences for credit unions, today announced the launch of HAL, an AI-powered lending assistant that transforms the lending process. HAL enhances the applicant experience, streamlines operations, and drives growth for credit unions by accelerating loan processing and reducing costs. As part of Clutch’s mission to help credit unions digitally transform and become the obvious choice for financial services, HAL is designed to deliver measurable improvements across the entire...
~ Seven new credit unions signed, newly launched solution modules, award recognition, expanded partnerships ~
For the first time, Experian app users can access pre-approvedi, credit union financing
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,...
New clients and partners, expanded solutions and elevated business strategy propelled momentum and growth in 2024
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 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...
