MALVERN, Pa. — Financial technology provider Akcelerant, a wholly owned subsidiary of Temenos USA Inc., on Thursday said five credit unions recently signed for the company's Akcelerant Framework loan origination solution.
The five CUs were: Greenwood Credit Union, Partners Federal Credit Union, First Florida Credit Union, LBS Financial Credit Union and Pennsylvania State Employees Credit Union. Akcelerant said PSECU was the largest of the most recent signings, with more than 400,000 members and assets exceeding $4 billion.
PSECU was Akcelerant's first customer, signing up for the firm's collections solution in 2000..
"All of these well?respected financial institutions required dynamic, next-generation technology that could effectively handle their unique, and at times, complex lending requirements," Akcelerant said in a press release. The company said the five CUs were attracted to features such as the Framework's configurability, business rules, decisioning engine and third?party integrations.
PSECU's AVP of Lending, Andrew Coy, said, "PSECU's main focus is to provide an exceptional member experience, so we were impressed with the Framework loan origination solution's ability to customize both the user and member experience. Our strong history with Akcelerant, as well as the extensibility of the platform, gave us confidence in expanding our collaboration. We look forward to making use of all of the flexible and integrated functionality the software has to offer."
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