Algebrik AI Announces Strategic Bureau Integration with TransUnion

Algebrik AI Inc., a Delaware-incorporated company headquartered in New York City and pioneering the world’s first cloud-native, AI-powered, digital-era Loan Origination Platform (LOS), today announced a bureau integration partnership with TransUnion, a global insights and information company. Through this collaboration, financial institutions using Algebrik can now access TransUnion’s industry-leading credit and identity solutions- including the latest trended credit scores and fraud prevention tools-natively within their lending workflows. The partnership supports credit unions, community banks, and fintech lenders in...

Momnt Announced the Appointment of Allyson Torsak as CRO

Momnt, a leading fintech company specializing in real-time lending and payment solutions, announces the appointment of Allyson Torsak as Chief Revenue Officer (CRO). With her extensive experience in senior leadership at prominent fintechs, Allyson brings a wealth of expertise in scaling revenue operations and building high-performance sales teams to the Momnt executive team. Torsak joins Momnt following a distinguished career in the financial technology sector, where she has consistently driven market expansion for disruptive lending...

CLPS Launches AI Solution for COBOL-to-Java Banking Migration

CLPS Incorporation the successful launch of its proprietary AI-driven intelligent migration solution. Designed to transition legacy COBOL systems to Java, this solution represents a significant advancement in the digital transformation of retail banking and core banking infrastructures. The Evolution of COBOL in Modern Finance Since its inception in the 1960s, COBOL (Common Business-Oriented Language) has served as the backbone of global financial transaction systems. Valued for its stability and efficient processing capabilities, COBOL continues to...

Abrigo Launched Screening Solution to Strengthen Financial Crime Prevention

Abrigo Intelligent Scan delivers AI-powered enterprise-grade sanctions, watchlist, CRB, and PEP screening capabilities to financial institutions, reducing false positives, accelerating reviews, and protecting customer trust Abrigo, a leading provider of compliance, credit risk, and lending solutions for financial institutions, today announced Abrigo Intelligent Scan, an AI-powered screening solution designed to help banks and credit unions identify risk faster, reduce false positives, and protect against financial and reputational harm. Despite shifting regulatory priorities, reputational risk remains...

Coconut Software Announced the Launch of Multi-Lines of Business

Coconut Software is redefining how financial institutions run their branches with AI-powered Intelligent Branch Solutions that connect operations, workforce planning, and customer engagement in one unified platform. Today, the company announced the launch of Multi-Lines of Business (Multi-LOB), a new capability designed to help financial institutions break down silos and operate as one bank while maintaining the security, privacy, and control required across all lines of business. “Banks don’t want to function in silos, but...

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