ATLANTA – Processing giant First data Corp. on Wednesday said it is partnering with Zoot to offer its credit union and bank customers Zoot Enterprises’ account opening and loan origination solutions.
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First Data will offer Zoot’s zOriginate loan origination software solution, which the company said allows users to complete the entire end-to-end origination process, from submitting the loan application using multiple channels, to seamlessly booking the new account to First Data in real time or using batch processing. The solution features flexible decisioning which the company said gives the ability to easily incorporate traditional and nontraditional data sources.
Zoot is based in Bozeman, Mont.
