Shastic Announces Partnership with MeridianLink to Provide AI Workflow Automation for Banks and Credit Unions
Shastic, an AI workflow automation provider, has partnered with MeridianLink (NYSE: MLNK) to integrate its platform through the MeridianLink® Marketplace. The collaboration aims to help financial institutions automate employee-managed processes, enhancing operational efficiency. MeridianLink, which provides cloud-based digital lending and account opening solutions, will offer Shastic's AI-Automated Knowledge Workers to its network of banks and credit unions. This integration enables financial institutions to streamline operations and focus more on consumer interactions.
Shastic, un fornitore di automazione dei flussi di lavoro tramite intelligenza artificiale, ha stretto una partnership con MeridianLink (NYSE: MLNK) per integrare la sua piattaforma attraverso il Marketplace di MeridianLink®. Questa collaborazione mira ad aiutare le istituzioni finanziarie ad automatizzare i processi gestiti dai dipendenti, migliorando l'efficienza operativa. MeridianLink, che offre soluzioni per il prestito digitale e l'apertura di conti basate su cloud, metterà a disposizione i Knowledge Workers Automatizzati da intelligenza artificiale di Shastic alla sua rete di banche e cooperative di credito. Questa integrazione consente alle istituzioni finanziarie di semplificare le operazioni e concentrare maggiormente le proprie energie sulle interazioni con i consumatori.
Shastic, un proveedor de automatización de flujos de trabajo mediante inteligencia artificial, se ha asociado con MeridianLink (NYSE: MLNK) para integrar su plataforma a través del Marketplace de MeridianLink®. La colaboración tiene como objetivo ayudar a las instituciones financieras a automatizar los procesos gestionados por empleados, mejorando la eficiencia operativa. MeridianLink, que ofrece soluciones de préstamos digitales y apertura de cuentas basadas en la nube, ofrecerá los Trabajadores del Conocimiento Automatizados por IA de Shastic a su red de bancos y cooperativas de crédito. Esta integración permite a las instituciones financieras simplificar las operaciones y centrarse más en las interacciones con los consumidores.
Shastic는 인공지능 워크플로우 자동화 제공업체로, MeridianLink (NYSE: MLNK)와 협력하여 MeridianLink® 마켓플레스를 통해 자사의 플랫폼을 통합했습니다. 이번 협력의 목표는 금융 기관이 직원 관리 프로세스를 자동화하여 운영 효율성을 향상시키는 것입니다. 클라우드 기반의 디지털 대출 및 계좌 개설 솔루션을 제공하는 MeridianLink는 Shastic의 AI 자동화 지식 근로자를 자사의 은행 및 신용 조합 네트워크에 제공할 것입니다. 이 통합은 금융 기관이 운영을 간소화하고 소비자 상호작용에 더 집중할 수 있도록 합니다.
Shastic, un fournisseur d'automatisation des workflows par intelligence artificielle, s'est associé à MeridianLink (NYSE: MLNK) pour intégrer sa plateforme via le Marketplace MeridianLink®. Cette collaboration vise à aider les institutions financières à automatiser les processus gérés par les employés, améliorant ainsi l'efficacité opérationnelle. MeridianLink, qui propose des solutions de prêt numérique et d'ouverture de comptes basées sur le cloud, mettra à disposition les Travailleurs de la Connaissance Automatisés par IA de Shastic à son réseau de banques et de coopératives de crédit. Cette intégration permet aux institutions financières de rationaliser leurs opérations et de se concentrer davantage sur les interactions avec les consommateurs.
Shastic, ein Anbieter von KI-gestützter Workflow-Automatisierung, hat sich mit MeridianLink (NYSE: MLNK) zusammengetan, um seine Plattform über den MeridianLink® Marketplace zu integrieren. Diese Zusammenarbeit zielt darauf ab, Finanzinstitutionen dabei zu helfen, von Mitarbeitern verwaltete Prozesse zu automatisieren und die Betriebseffizienz zu steigern. MeridianLink, das cloudbasierte Lösungen für digitales Kreditwesen und Kontoeröffnungen anbietet, wird die KI-automatisierten Wissensarbeiter von Shastic seinem Netzwerk von Banken und Kreditgenossenschaften zur Verfügung stellen. Diese Integration ermöglicht es Finanzinstitutionen, ihre Abläufe zu optimieren und sich mehr auf die Interaktionen mit den Verbrauchern zu konzentrieren.
- Strategic partnership expands market reach to thousands of financial institutions
- Integration with MeridianLink Marketplace enhances product accessibility
- Potential boost in operational efficiency for financial institutions
- None.
Insights
This strategic partnership marks a significant technological advancement in the financial services sector. Shastic's AI-powered workflow automation integration with MeridianLink's platform could substantially impact operational efficiency for thousands of financial institutions. The key value proposition lies in automating manual processes that traditionally require human workers, potentially leading to significant cost savings and improved scalability for banks and credit unions.
The integration through MeridianLink's Marketplace positions both companies to capture a larger share of the digital transformation market in the financial sector. While specific financial terms weren't disclosed, this partnership could drive increased adoption of MeridianLink's platform and create new revenue streams through the marketplace model. For investors, this represents a strategic move to strengthen MeridianLink's competitive position in the fintech space and potentially accelerate growth through enhanced product offerings.
This partnership reflects the similar missions of MeridianLink® and Shastic to democratize lending for community banks and credit unions, making advanced solutions accessible to thousands of financial institutions. This enhancement also allows MeridianLink to offer its customers a potential significant boost in operational efficiency and productivity, transforming everyday work life for financial institutions and giving their teams more time to focus on meaningful consumer interactions.
MeridianLink powers digital lending and account opening for financial institutions with its scalable, cloud-based platform. Its configurable solutions, supported by a partner marketplace with hundreds of trusted, pre-integrated partners, empower institutions to build deeper consumer relationships through data-driven, personalized experiences across the entire lending lifecycle.
“Our partnership with MeridianLink represents a big milestone for us,” said Joseariel Gomez, founder and CEO of Shastic. “Part of what makes us unique is that Shastic is the first company to develop a specialized AI workforce for financial institutions. With MeridianLink, we will be able to make hyper-personalized workflow automation accessible to thousands of banks and credit unions across the U.S.”
About Shastic
Shastic built the first AI Workflow Automation platform specialized for banking. They offer their technology as a Cloud service that requires minimal upfront IT investment without the elongated implementation process. Shastic is trusted by 50+ financial institutions across the US. Their platform allows financial institutions to increase capacity and processing speed by 10 times using the same resources and processes they currently have in place. Shastic has partnerships with Finastra, MeridianLink and Access Softek to help financial institutions streamline banking processes and improve customer service. For more information, visit www.shastic.com.
About MeridianLink
MeridianLink® (NYSE: MLNK) empowers financial institutions and consumer reporting agencies to drive efficient growth. MeridianLink’s cloud-based digital lending, account opening, background screening, and data verification solutions leverage shared intelligence from a unified data platform, MeridianLink® One, to enable customers of all sizes to identify growth opportunities, effectively scale up, and support compliance efforts, all while powering an enhanced experience for staff and consumers alike.
For more than 25 years, MeridianLink has prioritized the democratization of lending for consumers, businesses, and communities. Learn more at www.meridianlink.com.
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Patrick Guilshan
William Mills Agency
patrick@williammills.com
678-781-7237
Source: Shastic
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