Banking Business Fintech News

TurnKey Lender and Alkami Announce Partnership to Provide Banks and Credit Unions with Cloud-Based Digital Banking and an Integrated Unified Lending Management Solution

TurnKey Lender and Alkami Announce Partnership to Provide Banks and Credit Unions with Cloud-Based Digital Banking and an Integrated Unified Lending Management Solution

TurnKey Lender, a provider of unified lending management software for evaluating loan applicants, supporting decision-making, and implementing digital-lending process automation, will partner with leading digital banking solutions provider Alkami to deliver a digitally transformative solution for banks’ and credit unions’ lending operations.

Read More: ‘Mobile Payments’ Mentions Grow Five-Fold in Company Filings as Department Stores Continue Digital Transformation, Says GlobalData

“We are looking forward to partnering with Alkami to bring the power of our lending platform to the banking landscape through Alkami’s more than 10 million users to significantly move forward the intelligent automation of the lending industry,” said Elena Ionenko, TurnKey Lender Co-Founder & Chief Operating Officer. TurnKey Lender’s Unified Lending Platform is an intelligent lending management system that automates the entire loan life cycle. This digital platform includes application processing, risk assessment, decisioning, loan origination, underwriting, servicing, collection, reporting, archiving, compliance, and more. It also helps instantly pre-qualify applicants using an AI-driven credit decisioning engine. This in turn allows for a better experience for both the borrower and lender at a time when a seamless lending process is crucial.

Alkami’s Founder and Chief Strategy & Sales Officer Stephen Bohanon said, “We’re excited to offer the TurnKey Lender Unified Lending Solution to our remarkable banking and credit union clients. TurnKey Lender’s award-winning AI-based loan origination and management software is the perfect complement to the Alkami Platform in facilitating retail and business user onboarding, engagement, and account servicing. With TurnKey Lender, we continue to provide the right technology and architecture for digital success.”

Read More: GlobalFintechSeries Interview with Richard Formoe, Chief Revenue Officer at QuickFee

Related posts

KBRA Releases Research – Coronavirus (COVID-19): Four Forces Shaping Sentiment

Fintech News Desk

How Does Visa Generate Money From International Transactions?

Pooja Choudhary

MOCA and AFFN Partner to Bring Virtual Cards to Armed Services

Fintech News Desk
1