Loan Origination Solutions for Banks & Credit Unions

Introduce a comprehensive banking journey from application and decisioning to digital banking.

In the digital era, consumers are increasingly choosing digital banking services over visiting their branch for day-to-day transactions. Grow your customer base with a loan origination system built to seamlessly onboard users while enabling your underwriters to make data-driven decisions in real-time. Alkami’s industry-leading credit card origination and loan origination system supports FIs with an expansive product suite for personal and business credit cards, personal loans, and indirect loans. Strengthen your relationship with your customers with faster decisions and a complete online banking experience.
“Over 50% of Millennials, 42% of Gen Xers, 24% of Baby Boomers, and 20% of Seniors have applied for a new account, credit card, or loan through an FI’s website or mobile app.”
– Aite-Novarica, 2020
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Only 7% of FIs in the United States can onboard a loan customer in 3 minutes or less
– The Financial Brand, 2021

Empower users in your digital branch.

Stand out from other lenders with a shopping experience branded to your financial institution. Increase revenue by building consumer interest in your products with high-level comparisons and product pages detailing features and benefits. Once borrowers have found the product they want to apply for, utilize Cart to cross-sell other financial products. By educating customers on available products, your FI can increase conversion rates with an intuitive application that can be completed in three minutes or less.

Deploy mobile-first onboarding.

Enable users to seamlessly apply for a new card or loan with workflows configured to the products added to Cart. Enhance your lending program by allowing users to add multiple principals, beneficial owners, controlling managers, authorized signers, and users on their application for an extra layer of customer accountability. Streamline the application process for existing digital banking users with data pre-population on applications and identities verified.

Automate underwriting with a rules-based decisioning engine.

With one provider supporting deposits and loans, Alkami aggregates consumer data in a centralized order processing system. With a single click of a button, expedite time-consuming data entry by pulling credit profiles securely. Implement rules-based Decisioning to effortlessly risk assess a user’s credit history, calculate financial ratios, perform OFAC and MLA checks, and exceed customer expectations with faster credit decisions.

Do more doing less with the power of data.

Reduce human error by eliminating repetitive data entry to the core. Seamlessly integrate with your desired core processor to automatically create new accounts and leverage existing data and transaction history. With Alkami’s platform, FIs can digitally issue credit cards to Apple Pay and Google Pay so borrowers can instantly start using their cards.

Discover the gold standard in loan origination.

Read more about Alkami's loan origination system.