Digital collaboration in financial application review
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MANTL Launches Application Comments to Accelerate Application Reviews and Strengthen Compliance
Businesswireยท 2025-11-12 15:00
Core Insights - MANTL has launched a new feature called Application Comments to enhance application reviews and compliance oversight for banks and credit unions [1][2][3] Group 1: Application Comments Feature - Application Comments allows teams to add time-stamped, immutable notes within applications, creating a complete audit trail of actions and decisions [1][5] - The feature aims to streamline the review process for applications that require manual intervention, improving collaboration and decision-making among teams [2][5] - MANTL's customers report that 85% of applications are fully automated, reducing the need for manual reviews [2] Group 2: Benefits of Application Comments - The feature consolidates application context and communication, increasing visibility and improving decision-making efficiency [5] - It enhances audit transparency and compliance by providing a comprehensive audit trail linked to specific actions [5] - By integrating digital collaboration into the review process, financial institutions can reduce internal communication delays and focus on customer relationships [5] Group 3: Company Overview - MANTL, part of Alkami Technology, provides account origination technology that enables banks and credit unions to open accounts quickly, with deposit accounts taking under five minutes for consumers and under ten minutes for businesses [6] - The company has experienced significant growth, with a 49% year-over-year increase in its customer base, now exceeding 150 banks and credit unions [8]