Conductiv

Conductiv is delighted to share the results of the Filene Research Institute Incubator: "A Solution Focused on Improving Lending Operations and Loan Approval Rates." Key Results: ?? Consumers are increasingly comfortable sharing permissioned data -- 70% of consumers are likely to share! ?? Permissioned income verification (VOI) improved lending efficiency 2-5x by reducing manual review efforts! ?? Lending teams reported that permissioned VOI allowed for faster funding times for the loan officer and less back and forth (less "stip-chasing")! ?? Overall loan approval rates increase by 47%! ?? Credit union lending team members agreed that Conductiv fills a gap in the loan decisioning process and fits within the organization’s strategy! In summary, Conductiv demonstrated its value! Credit unions can enhance lending performance across all FICO bands, demonstrate their commitment to efficiency, enhancing data accuracy, and increasing #equity in lending! Thank you to Mark Meyer, Christie Kimbell, Megan Jackson Freshour, Joel Hartzler, CUDE, Megan Lewis Pulliam James Lubeck L. Anne Keller, and the entire Filene and MeridianLink teams for all your support in making this happen! Special thanks to Christina Williams and Mary Beth Spuck, CSE, I-CUDE and the Everwise Credit Union and Resource One Credit Union teams for your vision and innovative spirit! For more information, please download the report! https://lnkd.in/dvU-Yi4u

Conductiv is delighted to share how we support Partner Colorado Credit Union through our integration with MeridianLink Portal and Consumer! Thank you to Choua Ly, Colin Burns and the entire Partner Coloroado team for their support! Key Insights: ??? Member Experience - Digital, self-serve stipulations across personal loans, auto loans, credit cards, and HELOCs mean a much better experience, no matter the type of loan! ?? Efficiency - Gathering more than one stipulation digitally (income, employment, and bank statements) means even less manual work for the underwriter and a far more efficient lending process! ?? Lending - Credit unions make more loans by gathering the right stipulation based on the loan type. #lendtech #fintech #innovation

Conductiv is delighted to share how we support GHS Federal Credit Union through our integration with MeridianLink Portal and Consumer! Thank you to Shawn Wolbert, James Warneck, and the entire GHS team for their support! Key Insights: ?? Efficiency - Verifying stipulations early on is critical saving the underwriter time and effort, and helping them prioritize which loans to work on next! ??? Member Experience - Self-serve stipulations bridge the data gap between the member and the loan file! ?? Lending - Credit unions see more loans, and get the money into the hands of the member quickly! Special thank you to the TruStage Ventures, Elizabeth Coston McCluskey, and the TruStage team for your help in sharing the story! For more details, click the link below! https://lnkd.in/gxkxqsEc #AI #LendingTech #CreditUnion #Innovation

Conductiv?is delighted to share how we support?Resource One Credit Union?through our integration with?MeridianLink?Portal and Consumer. Thanks to?Mary Beth Spuck, CSE, I-CUDE,?Sherryl Dieckman,?Tyrone Jones, and the R1CU team for their tremendous support! Key Insights: ?? Less Risk - Verify income digitally to reduce income fraud ?? Efficient Operations - Digital document verification to help underwriters do less work and make more loans ??? Member Experience - Self-serve stipulations to create a fintech-like experience for members Special thank you to the Filene Research Institute, Megan Jackson Freshour and the Filene team for your help in making this happen via the #FileneIncubator! #AI #LendingTech #CreditUnion #Innovation

Our CEO, Gopal Swamy attended the TruStage Ventures Fintech Summit last month with Cimarron Buser and presented to credit union leaders and strategic partners. The presentation spoke to Conductiv's digital #dataaggregation and #AI capabilities, and the company's work supporting Everwise Credit Union: ??? Member Experience Improvements - 25% reduction in abandonment rates! ?? Lending Operations Improvements - 39% increase in stipulation verification! ?? Lending Improvements - 47% increase in loan approval rates! To watch the video and see the demo, follow the link below! https://lnkd.in/enppvQP7

Conductiv is delighted to share more about how we are supporting Everwise Credit Union through our integration with MeridianLink Portal and Consumer LOS! A big thank you to Christina Williams, Julie Gozzola, Brandon Demitruk, Todd Brown and the entire Everwise team for your support! Key Insights: ?? Member Experience - Members share their data digitally, and abandonment rates fell by 25%! ?? Operations - Underwriters gather stipulations more easily, and verification increased by 39%! ?? Lending - Loan approval rates increased by 47%! A special thank you to the Filene Research Institute, Megan Jackson Freshour and the Filene team for your help in making this happen via the #FileneIncubator! #AI #LendingTech #CreditUnion #Innovation

Another one in the books! Thanks TruStage Ventures for your continued support! The summit was awesome! We learned a ton and even got to try out our new tagline: “Less Work. More Loans. Happier Feet!” #viralmarketing #socks2compliant

Let's go!!!

Conductiv is exited to join the fun TMC Emerging Tech Fund Tech Day and thrilled to be voted runner up in the competition! Next year, we’re coming for the top prize! Mortgages and HELOCs require documentation and verification — driven by regulatory and risk management. Conductiv is a proud to help lenders do Less Work, make More Loans, and have Happier Borrowers by #digitizingdatacollection! #permissioneddata #lending #lendingtech

Conductiv is looking forward to presenting at the TMC Emerging Tech Fund Mortgage Tech Day! Digitizing data collection means up to 47% higher mortgage, HELOC, and loan approval rates, and thousands of hours saved!