Coviance Expands Relationship with MeridianLink to Include MeridianLink Mortgage Integration
10 Maio 2023 - 8:00AM
Business Wire
Coviance (formerly LenderClose), a fintech company
automating the process of home equity lending for over 400 credit
unions and community banks, announced a deeper partnership today
with MeridianLink, Inc. (NYSE: MLNK), a leading provider of modern
software platforms for financial institutions and consumer
reporting agencies. Coviance expands its integration with
MeridianLink®, offering its technology to MeridianLink® Mortgage
users in addition to the current integration already in place into
MeridianLink® Consumer.
"Through this partnership, we deliver a strong user experience
for customers and prospects MeridianLink Mortgage and Coviance
share, by streamlining not only the home equity experience, but
focusing on providing value throughout the real estate lending
cycle," says Jill Skinner, CMO of Coviance. “We understand the
complexity of real estate and home equity lending, including the
intricacies of compliance and efficiencies and this integration
gives community lenders access to even more process
automation.”
With Coviance's lending solutions integrated into MeridianLink
Mortgage, lenders have the ability to process real estate and home
equity transactions in days versus weeks. This integration enables
lenders to leverage data and intelligence to provide the best
experience to their borrowers.
"We appreciate our long-standing partnership with Coviance and
are excited to extend their offerings to our mortgage customers
through our partner marketplace," says Megan Pulliam, SVP of
MeridianLink Marketplace. "This integration will enable our joint
customers to reduce friction and accelerate their lending cycle
while benefiting from streamlined capabilities within the
MeridianLink One platform."
Omar Jordan, Founder and CEO of Coviance, added: "We are
thrilled to partner with MeridianLink to deliver a more simplified
and efficient transaction experience for our customers. Our
combined strengths in decisioning capabilities and workflow
automation solutions will help lenders optimize their lending
processes, driving down home equity and real estate lending
transaction timelines to just days, or even hours."
The Coviance-MeridianLink Mortgage and Consumer integrations are
available now for lenders through MeridianLink's loan origination
software. For more information on the integration, please contact
Coviance or MeridianLink.
ABOUT COVIANCE
Founded in 2015, Coviance (formerly LenderClose) is a
fintech company on a mission to perfect the lending experience for
community lenders and borrowers through automation and
intelligence. A cloud-based platform, Home Equity Express™ (HEx),
automates the home equity lending process through configurable
workflows with data-driven decisioning intelligence elevating the
lending experience for borrowers and lenders. For Credit Unions and
Community Banks, Coviance is an out-of-the-box solution that is
simple to implement and deploy and allows them to focus on what
matters most – “the borrower’s experience”. Coviance earned a spot
on the Inc. 5000 List of Fastest Growing Private Companies in the
U.S. in 2022. For more information visit Coviance.com.
About MeridianLink
MeridianLink® (NYSE: MLNK) powers digital lending and account
opening for financial institutions and provides data verification
solutions for consumer reporting agencies. MeridianLink’s scalable,
cloud-based platforms help customers build deeper relationships
with consumers through data-driven, personalized experiences across
the entire lending life cycle.
MeridianLink enables customers to accelerate revenue growth,
reduce risk, and exceed consumer expectations through seamless
digital experiences. Its partner marketplace supports hundreds of
integrations for tailored innovation. For more than 20 years,
MeridianLink has prioritized the democratization of lending for
consumers, businesses, and communities. Learn more at
www.meridianlink.com.
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Kristen Grossi talkTECH Kristen@talktechcomm.com
Becky Frost MeridianLink becky.frost@meridianlink.com
MeridianLink (NYSE:MLNK)
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