CUneXus News June 2016

By June 22, 2016 Financial Lending

CUneXus Featured in The Financial Brand

The Financial BrandFinancial Technology advisor David Gerbino penned an article featured in The Financial Brand, which touts the growing partnerships between financial institutions and financial tech companies. Gerbino credits companies like CUneXus for partnering with financial institutions in the wake of many non-banking start-ups angling to poach market share from banks and credit unions. The article also covers our new AutoXpress product and our partnerships with Edmunds.com, Coverhound, Crowdnetic, MobileRQ, and Digital Federal Credit Union (DCU).

Read how CUneXus is helping financial institutions stay relevant with digital lending technology here.

Watch Our AutoXpress Finovate Demo Online

Screen Shot 2016-06-21 at 1.17.10 PMOur Finovate presentation video is now up at CUneXus.com! Watch as co-founders Dave Buerger and John Reich introduce a crowd of over 1,400 attendees in San Jose, CA to AutoXpress, our latest addition to the cplXpress product suite. The 7-minute demo takes place within the mobile banking app of our newest client-partner, Digital Federal Credit Union (DCU)—the largest credit union in New England and first to implement AutoXpress.

The AutoXpress toggle can be turned on in cplXpress, allowing lenders the ability to present real-time inventory from thousands of auto dealerships nationwide within a Financial Institution’s (FI) existing online and mobile banking platforms. The “Find My Car” button is part of the FI’s single-sign-on and is paired with a pre-approved offer of credit, helping FIs realize the benefit of higher loan acquisition. FIs also have the option to present auto insurance offers from our new partner CoverHound, plus mobile push notifications from partner MobileRQ.

To see Dave & John shatter the traditional car-buying process on stage and find, finance and insure a car in a matter of minutes, click here. You can also request a personal AutoXpress demo from CUneXus here.

Our Newest Partner: MeridianLink

meridianlink-office-1We’re thrilled to expand our partnership with MeridanLink to further integrate their popular loan origination system, LoansPQ®, with the CUneXus cplXpress pre-approved lending automation platform. This connection will provide CUneXus’ bank and credit union clients end-to-end consumer lending automation capabilities at all physical and digital banking touchpoints.

Our current credit card integration with MeridianLink was developed while completing a custom system integration for $10 billion California-based Golden 1 Credit Union. Once complete, the combined solution proved highly-successful and the benefit of expanding our LoansPQ® integration to include all loan types was clear.

Financial Institutions (FI) are adopting online lending strategies at a rapid rate—especially in the mobile channel—creating a greater need for connectivity between their online lending platform and their loan origination system. The MeridianLink/CUneXus integration gives financial institutions the ability to underwrite, close, and fund pre-approved loans quickly and efficiently on the back-end, as well as deliver an easy-to-use front-end for consumers—a tremendous value to our clientele.

Market Multiple Loans for the Season

shutterstock_206747011With summer here, it is a great time to promote “Fun in the Sun”. Financial Institutions can get creative building campaigns in cplXpress, and label their loan types under various names. Offering multiple loans in one pre-approval campaign means you can extend credit for Recreational Vehicles marketed separately—like boats, jet skis and motorcycles. Personal Loans can be promoted as Vacation Loans or Student Loans to help prepare for upcoming fall tuition.

The magic of perpetual comprehensive pre-screened lending means you don’t have to consult your crystal ball to know what loans your members or customers will need in any particular season. If The Smiths love the lake, The Marinos are going to Italy, and The Campbells have a daughter headed to Princeton—your Institution has them covered with the cplXpress software.

Let’s strategize—call us to prep for your next campaign at 877-509-2089. Or, to learn more about omni-channel, application-free lending, visit cunexus.com to request a demo.

Meet Tony Salamone, VP of Client Services

Tony Salamone bio imageOur greatest priority is to take care of our clients, and as the number of clients has grown, we’ve come to the point where we need more resources to deliver the kind of service we can be proud of. Fortunately, we’ve found a like-minded Financial Technology pro, Tony Salamone, who joins CUneXus Solutions as Vice President of Client Services. Tony shares our “customer first” approach to all we do—from product design and development, through the sales process, all the way to the end user.

Tony is a 25-year veteran of the financial services industry, most recently serving as the Senior Vice President of US Payments Product Management at Fundtech/D+H where he focused on customer experience. He also established systems to build client feedback into the product development process. Prior to Fundtech, Tony spent 10 years as Vice President of Product Management for the Client Access division at JP Morgan Chase. He also represented financial institutions on the Federal Reserve Bank Advisory Board for new regulations.

“I am delighted to be joining CUneXus at this exciting point for the company,” said Tony. “CUneXus is shaking up the financial services world with products that help lenders expand their product lines and delight their customers.”

To read more about Tony, you can find his bio here. Or drop him a line and say hello, tony@cunexus.com.

What’s on Tap: Stone IPA

unnamed-2We’re sticking to the map of California for our beer this month, but taking it down south to San Diego County’s Stone IPA. This is the first beer we ever had on tap at the CUneXus office a year ago, and it’s a good one for the season.

As Stone describes it, “This golden beauty explodes with citrusy, piney hop flavors and aromas, all perfectly balanced by a subtle malt character.”  We agree—this perfectly crisp beer will be excellent for the upcoming hot summer days! If you find yourself in downtown Santa Rosa, come have a cold one with us!

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