Risk management in banking

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MANTL Partners with Taktile to Transform Credit Decisions for Community Banks and Credit Unions
Prnewswireยท 2025-09-05 14:00
Core Insights - The integration between MANTL and Taktile empowers financial institutions to automate credit underwriting and decision-making, enhancing operational efficiency and loan growth [1][2][3] - MANTL's platform allows community banks and credit unions to implement and update credit policies in real time without needing engineering resources, significantly reducing manual underwriting efforts [2][3] - The collaboration aims to provide financial institutions with innovative technology to improve risk management and streamline the lending process, thereby increasing competitiveness in the market [3][4] Company Overview - MANTL is a leading provider of loan and deposit account opening technology, recently acquired by Alkami Technology, Inc., and offers solutions that enable seamless account origination across various banking channels [6][8] - Taktile is an AI-powered decision platform that automates risk management strategies for financial institutions, recognized as a category leader in decision management platforms [9] Key Benefits - The MANTL-Taktile integration allows for automated lending decisions, reducing manual processes by up to 90% and accelerating decision-making by tenfold [2][7] - Financial institutions can optimize credit policies continuously within a unified platform, enhancing the efficiency of risk and credit teams [7][9] - The integration supports community banks and credit unions in scaling their lending operations while maintaining rigorous risk oversight [3][4]