PSCU set out to identify a technology provider with functionality for digital credit card opening and loan origination. Amount provides cloud-based lending origination and account opening solutions to some of US’ banking clients. The latter’s platform supports instant approvals to optimise the loan application experience.
PSCU representatives explained that their new partnership will add value for their credit unions by enabling a digital-first credit card application experience that is simple to implement. In addition to growing credit card portfolios, it will drive new member acquisition as consumers can apply for credit union membership while requesting their new card.
The two companies’ respective expertise will unlock a solution that will facilitate further deepening credit unions’ relationships with members by introducing digital lending solutions in the market. PSCU is streamlining integration to enable a quick-to-market solution, from its hosted products to its suite of custom APIs. Through this partnership, credit unions will be able to offer a branded, end-to-end solution.
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