Apiture Partners with MeridianLink, Expanding Access to Digital Account Opening Solutions

Rhea-AI Summary

Apiture has partnered with MeridianLink to enhance digital account opening capabilities for banks and credit unions. This collaboration allows institutions to use MeridianLink's platform to offer seamless online account opening solutions, including checking and savings accounts, from any device. With a growing trend toward online banking, this solution helps financial institutions attract new customers. Apiture aims to provide modern resources, as evidenced by their recent launch of digital customer support and P2P payments services.

Positive

• Partnership with MeridianLink enhances digital account opening solutions for financial institutions.
• Allows banks and credit unions to attract new customers through seamless online account opening.
• Supports a wide range of account types including checking, savings, and business accounts.
• Strengthens Apiture's position in the digital banking solutions market.

Negative

• None.

Increasing ease of access to open accounts digitally is critical for banks and credit unions to compete in today's market

WILMINGTON, NC / ACCESSWIRE / November 4, 2021 / Apiture, a leading provider of digital banking solutions, today announced its partnership with MeridianLink, a leader in digital account opening and loan origination software. The partnership will enable Apiture's bank and credit union clients to deliver a new digital account opening solution to their customers and members through MeridianLink's award-winning platform.

MeridianLink Opening, an all-in-one digital account opening solution, allows consumers to open and fund accounts including checking, savings, CDs, IRAs, HSAs, minor accounts, and small business accounts from any online or mobile device. The partnership will offer Apiture clients the ability to choose the MeridianLink solution to seamlessly integrate with their Apiture Xpress digital banking system.

With the continued shift toward online banking, community banks and credit unions are searching for new and innovative ways to engage their communities digitally. Consumers increasingly rely on online channels to establish new accounts rather than visiting branches in person. Financial institutions that have the ability to onboard consumers digitally will maintain a competitive edge in attracting new users.

Apiture continues to seek relationships with digitally oriented partners that bring modern and streamlined resources to community banks and credit unions. Apiture recently announced the launch of Digital Customer Support with Glia and previously announced a peer-to-peer (P2P) payments service through Zelle®.

"Our partnership with MeridianLink extends an exciting opportunity for Apiture's clients to offer digital account opening to their communities," said Chris Cox, chief operating officer and general manager of Apiture Xpress. "We've watched firsthand as digital adoption has increased dramatically across the industry. It is more important than ever for Apiture to offer our clients choice when it comes to digital capabilities like digital account opening."

"MeridianLink's partnership with Apiture underscores the importance of digital account opening to community and regional banks and credit unions," said Charlie Lee, chief marketing officer of MeridianLink. "We're thrilled to be able to offer the MeridianLink platform to Apiture's customer base, providing a new revenue channel to the hundreds of institutions that they serve."

Working with MeridianLink enables financial institutions to unify deposit account opening and lending for all channels and product types, including consumer (vehicle, personal, and credit cards), indirect (vehicle and retail), home equity, mortgage, and small business.

About Apiture

Apiture is a leading provider of digital banking solutions. Apiture provides financial institutions with the integrations, capabilities and resources that banks and credit unions have not had access to in the past. Offering two differentiated digital experience platforms, Apiture Xpress and Apiture Open, Apiture develops innovative solutions that can be used by financial institutions of any size. Apiture serves hundreds of financial institutions in the United States market. The company is headquartered in Wilmington, North Carolina, with offices in Austin, Texas.

About MeridianLink

MeridianLink® (NYSE:MLNK) is a leading provider of cloud-based software solutions for financial institutions, including banks, credit unions, mortgage lenders, specialty lending providers and consumer reporting agencies. Headquartered in Costa Mesa, California, MeridianLink provides services to more than 1,900 customers, including a majority of the financial institutions on Forbes' 2021 lists of America's Best Credit Unions and Banks. Further information can be found at www.meridianlink.com.

Media Contact

Heather Valle
Caliber Corporate Advisers
heather@calibercorporate.com

SOURCE: Apiture

View source version on accesswire.com:
https://www.accesswire.com/671066/Apiture-Partners-with-MeridianLink-Expanding-Access-to-Digital-Account-Opening-Solutions

FAQ

What is the significance of the Apiture and MeridianLink partnership for MLNK on November 4, 2021?

The partnership enhances digital account opening solutions, allowing banks and credit unions to attract new customers and improve their online services.

How does the partnership impact MeridianLink's clients?

It provides them with access to a new digital account opening solution, integrating with Apiture's digital banking system.

What types of accounts can be opened through the new solution offered by Apiture and MLNK?

Consumers can open checking, savings, CDs, IRAs, HSAs, minor accounts, and small business accounts.

How does the partnership align with current banking trends?

It responds to the industry's shift towards online banking, enabling financial institutions to onboard consumers digitally.