Automatic Partners with MeridianLink to Revolutionize Lender-Dealership Connectivity

Core Insights - Automatic has announced a strategic partnership with MeridianLink to enhance automotive lending solutions [1][4] - The collaboration aims to leverage Automatic's dealership network technology and MeridianLink's decisioning capabilities to improve lending processes [2][3] Group 1: Company Overview - Automatic is a fintech firm focused on connecting independent car dealerships with lenders, providing a cost-effective solution for the automotive financing sector [6] - MeridianLink is a provider of software platforms for financial institutions, offering solutions for digital lending, account opening, and data verification [7] Group 2: Partnership Details - The partnership will enable financial institutions to access Automatic's platform seamlessly, enhancing their lending processes and member satisfaction [4] - MeridianLink's Advanced Decisioning capabilities will be integrated into Automatic's framework, allowing for real-time loan analysis and improved risk management [3] Group 3: Market Impact - The collaboration is expected to empower lenders to access new clients safely and optimize loan aggregation, thereby capitalizing on market opportunities [4] - This partnership represents a significant milestone for Automatic in its mission to foster an 'Open Marketplace' within the automotive financing landscape [4]