Financial institutions accelerate digital
transformation, significantly reducing the time for clients to
receive consumer and mortgage loans
CAMBRIDGE, Mass., Sept. 19,
2023 /PRNewswire/ -- Sandbox Banking, whose low-code
iPaaS banking automation solution, Glyue™, connects banking
software and systems, data and people to accelerate digital
transformation, today announced its partnership with MeridianLink,
Inc. (NYSE: MLNK), a leading provider of modern software platforms
for financial institutions and consumer reporting agencies. The
partnership will provide financial institutions in MeridianLink's
customer portfolio with a seamless cloud-based integration between
a multitude of platforms across the life of the loan, enabling them
to improve the overall borrower experience, streamline lending
operations, and scale business.
The partnership between Sandbox Banking and MeridianLink®
signals the importance of ushering in the era of digital
transformation for the banking industry, primarily led by building
integration technology between enterprise systems and the core. As
a systems integrator, Sandbox enables MeridianLink customers to
easily connect with the core, as well as customer relationship
management (CRM) and accounting systems. Customers can increase
operational efficiency through streamlined processes while reducing
costs associated with vendor integrations into existing
infrastructure. The integration is aimed at providing banks
and credit unions with a comprehensive cloud solution for
accelerated loan origination.
"We're thrilled to partner with MeridianLink to offer their
financial institutions a powerful, integrated solution that speeds
up their ability to deliver great service," said Sandbox Banking
CEO Ravi Balasubramanian. "This
partnership will enable financial institutions to streamline their
lending operations, increase efficiency, and provide a better
borrower experience. Financial institutions are prioritizing their
digital transformation strategy, and our Glyue platform provides
the tools and technology credit unions need to stay competitive in
the market by connecting their enterprise systems of choice to
their core."
MeridianLink's software is widely used by banks and credit
unions for processing loan applications, managing credit reports,
and underwriting loans. With the integration of Sandbox Banking's
Glyue platform, these financial institutions will be able to
automate and optimize their loan origination process, reduce costs,
and improve the overall borrower experience.
"MeridianLink® Marketplace unites the industry's most innovative
solutions with the MeridianLink® One platform for frictionless
lending and exceptional consumer experiences," said Megan Pulliam, SVP of MeridianLink Marketplace.
"Our software combined with Sandbox Banking's Glyue platform can
help financial institutions reduce manual errors, streamline
lending operations, and ultimately make more informed, timely
decisions. We look forward to working together to deliver value to
all our mutual customers."
The integration between Sandbox Banking and MeridianLink is
live. Banks and credit unions interested in learning more about the
partnership and how it can benefit their lending operations can
contact Sandbox Banking for more information.
About Sandbox Banking
Sandbox Banking is a fintech building a low-code integration
platform called Glyue to help banks and credit unions connect
fintech products into their existing systems. Banks and credit
unions grow revenue and increase operational efficiency by securely
integrating fintech products with their existing infrastructure via
Glyue. The company's fintech partners close financial institution
sales faster and can offer seamless integrated experiences across
banking customer systems. Sandbox Banking's investors include
Horizon Ventures, Tuesday Capital, Forum Ventures, SixThirty &
YCombinator. To learn more about Glyue, visit
https://sandboxbanking.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.
Contact Information
Gabby Champion
Gabby@West-Comms.com
208-779-0239
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SOURCE Sandbox Banking