Origence and CuneXus Partnership Give Credit Unions Access to Digital Showcase | Your money

SANTA ROSA, Calif .– (BUSINESS WIRE) – August 3, 2021–

CuneXus, the first and only digital storefront for clients and members of financial institutions, today announced a strategic partnership with Origence, a leading provider of lending technology to the credit union industry.

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This partnership provides the more than 1,100 credit unions using Origence’s indirect lending solutions access to an integrated digital storefront that proactively presents members with timely, personalized, relevant and highly effective pre-approved loan offerings to facilitate funding. Offers, which can be activated with a simple 10 second experience, allow members to shop with confidence and take advantage of their offers when they’re ready. The process is proven to increase loan repayment rates for credit unions while improving the member experience.

Aleks Bogoeski, Vice President of Strategic Alliances at Origence, commented: “This digital showcase is transforming the way credit unions can financially support their members. Every time members log in, they’re instantly presented with a clear, personalized, and easily available loan offer. Our partnership with CuneXus provides a timely opportunity for credit unions to implement a dynamic digital experience that further simplifies the lending process, as member spending returns to normal post-pandemic pace. We are pleased to have partnered with CuneXus to provide this service to our credit unions. “

Instead of waiting for consumers to act, CuneXus’ platform continuously analyzes hundreds of internal and external data points, keeping qualified borrowers perpetually approved for a range of personalized loan offers. This proactive “perpetual approval” strategy ensures that the credit union is “front and center” every time its members enter a buying market. In addition, by eliminating the credit application process in favor of an ongoing automated credit approval, the credit union can then provide the almost instant buy-loan-buy experience that consumers need.

Dave Buerger, CuneXus Co-Founder and Chairman, added, “We are striving to change the way credit unions interact with their members, which means ending old and painful banking experiences. We empower people with unparalleled transparency and convenience, and this partnership with Origence makes that readily available to many more credit unions and consumers. Together, we can deliver the modern, seamless lending experience members deserve – one that prepares them for financial excellence.

About Origin

Origence, a brand of CU Direct, provides lending technology that enhances the origination experience to increase loan volume, create efficiencies and grow accounts. With Origence, financial institutions can deliver mortgage, consumer, indirect and home equity loans with greater efficiency and scale while providing a convenient, personalized experience for borrowers. Other solutions include marketing and CRM, automatic purchasing, outsourced loan processing, and more. Origence is headquartered in Irvine, California. For more information, visit www.origence.com and follow us on Twitter and LinkedIn.

About CuneXus

CuneXus is the first to market with a digital storefront for customers and members of financial institutions, meeting the need for a personalized, on-demand banking experience. The platform eliminates the loan and deposit application process, providing consumer transparency and a simple 10-second activation experience. The CuneXus digital storefront has helped the nation’s largest lenders increase their portfolio share, establish sales-enabled branches, acquire new account holders, and increase non-interest income. CuneXus client institutions represent more than $ 454 billion in combined assets and 21.5 million US consumers.

For more information, visit www.cunexus.com.

See the source version on businesswire.com: https://www.businesswire.com/news/home/20210803005635/en/

CONTACT: Media contact for CuneXus:

Samantha wheeler

[email protected]

205-789-8136

Media contact for Origence

Bill Meyer

[email protected]

909-753-9732

KEYWORD: UNITED STATES NORTH AMERICA CALIFORNIA

INDUSTRY KEYWORD: BANKING DATA MANAGEMENT PROFESSIONAL SERVICES SOFTWARE TECHNOLOGY

SOURCE: CuneXus & Origence

Copyright Business Wire 2021.

PUB: 03/08/2021 08:04 / DISC: 03/08/2021 08:04

http://www.businesswire.com/news/home/20210803005635/en

Copyright Business Wire 2021.



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