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BAFS Announces Integration with Portico from Fiserv
Businesswire· 2025-12-02 13:15
Core Insights - BAFS has announced an integration with Portico from Fiserv, enhancing commercial lending capabilities for credit unions [1][12] - The integration allows credit unions to utilize the BAFS BLAST platform for improved loan origination and accounting processes [1][2] Company Overview - Business Alliance Financial Services (BAFS) specializes in commercial loan processing, servicing, training, and consulting for community financial institutions [7][8] - BAFS has expanded its services to over 100 financial institutions across the United States since its inception [3] Integration Benefits - The integration provides credit unions with tools to streamline their commercial lending strategies, featuring intuitive dashboards and compliance-informed workflows [2][4] - Credit unions can manage the entire lending lifecycle from origination to servicing and compliance, with the option to use BAFS' full-service back-office support or operate independently [2][4] Market Demand - There is a growing demand among credit unions to diversify their lending portfolios while maintaining operational efficiency [3] - The integration aims to empower credit unions to make smarter lending decisions and achieve sustainable portfolio growth [4][3]