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Amplify Credit Union Partners with MANTL to Modernize Business and Retail Account Opening
Prnewswire· 2026-02-04 15:00
Core Insights - The partnership between MANTL and Amplify Credit Union aims to modernize the onboarding and account opening experience for both business and consumer accounts, enhancing efficiency across digital and physical banking channels [1][4] Company Overview - MANTL is a leading provider of loan and deposit account opening technology, acquired by Alkami Technology in March 2025, and specializes in unified account origination technology [5] - Amplify Credit Union, founded in 1967, offers fee-free banking and award-winning lending services to over 50,000 members in Texas, focusing on improving financial lives [6][7] Partnership Details - The collaboration will utilize MANTL's omnichannel deposit origination technology to streamline the account opening process, allowing businesses to open accounts online in under 10 minutes and retail members in under 5 minutes [2][5] - Amplify will automate over 85% of application decisions, including KYC, AML, and BSA checks, to reduce manual processes and enhance growth [3] Strategic Goals - The initial focus will be on launching Business Deposit Origination, followed by Retail Deposit Origination, to create a seamless onboarding journey for members and employees [2][3] - The partnership is expected to provide Amplify with insights from over 1,350 data points, enabling strategic decision-making to drive growth and improve member experience [3]
MANTL Partners with Method Financial to Modernize Loan Refinancing with Real-time Liability Data Integrations
Businesswire· 2025-12-16 15:00
Core Insights - MANTL has formed a strategic partnership with Method Financial to integrate real-time liability data into its Loan Origination platform, enhancing the refinancing and debt consolidation experience for financial institutions [1][3][4] Group 1: MANTL's Offerings - MANTL has expanded its deposit account opening platform to include loan origination, allowing financial institutions to manage both sides of the balance sheet and meet the demand for integrated digital lending solutions [2] - The MANTL Loan Origination platform modernizes lending processes with advanced tooling and automation across KYC, underwriting, and booking, addressing legacy refinancing challenges [2][5] Group 2: Integration Benefits - The integration of Method's real-time liability data will streamline the application workflow, improving efficiencies in origination, underwriting, and funding, while eliminating the need for manual payoff letters [3][4] - This partnership enables banks and credit unions to make instant, accurate decisions and fund loans more efficiently, enhancing the overall borrower experience [4][6] Group 3: Company Backgrounds - MANTL, founded in 2016 and acquired by Alkami Technology in March 2025, offers unified account origination technology that allows banks and credit unions to open accounts in real time [5] - Method Financial provides APIs for real-time financial connectivity, serving over 60 fintechs and lenders, and is backed by notable investors including Andreessen Horowitz and Emergence Capital [6]
MANTL Launches Application Comments to Accelerate Application Reviews and Strengthen Compliance
Businesswire· 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]
MANTL Clients Raise Over $3 Billion in Deposits From Existing Banking Relationships in Six Months
Prnewswire· 2025-09-16 14:00
Core Insights - MANTL's clients raised over $3 billion in deposits in the first half of 2025, showcasing the potential for financial institutions to achieve sustainable growth through enhanced customer relationships [1][2] - Nearly 130,000 deposit accounts were opened by MANTL clients from existing customers, with an average funding amount exceeding $24,000 [2] - Nine institutions generated over $100 million in deposits each from existing account holders, indicating the effectiveness of MANTL's technology in activating existing banking relationships [2][3] Company Overview - MANTL is a leading provider of loan and deposit account opening technology, recently acquired by Alkami Technology, Inc. in March 2025 [6] - The company offers a unified account origination technology that allows banks and credit unions to open accounts seamlessly across various channels in real time [6] - MANTL's solutions enable consumers to open new deposit accounts in under five minutes and businesses in under ten minutes, significantly enhancing the efficiency of the account opening process [6] Strategic Growth - MANTL is redefining relationship banking by providing financial institutions with technology and data insights to deepen existing customer relationships and increase lifetime value [3] - The company emphasizes the importance of retaining deposits and expanding existing banking relationships in a competitive deposit environment [3] - MANTL's Deposit Origination streamlines the account opening process for existing customers, offering a more cost-effective path to deposit growth compared to traditional acquisition strategies [3] Upcoming Events - MANTL is hosting a webinar titled "Turning existing relationships into results: $3B in 6 months" on September 17, featuring discussions on leveraging an omnichannel deposit strategy to enhance deposit growth [4]
MANTL Partners with Taktile to Transform Credit Decisions for Community Banks and Credit Unions
Prnewswire· 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]