CULedger and Autonomous Lending Partner to Provide Credit Unions and Members with Advanced Identification Methods and Data Protection
Summary
NEW ORLEANS--(BUSINESS WIRE)--CUNA Lending Council Conference – CULedger announced today a strategic partnership with Autonomous Lending, Inc., a provider of digital credentials for lenders, to deliver credit unions with next-generation digital credentials that improve the member experience while decreasing friction and fraud. To address the rapidly evolving, tech-focused demands from members, CULedger and Autonomous Lending’s partnership is designed to help credit unions remain competitive, relevant and technologically advanced. These fintech companies have leveraged “AI, blockchain, cryptography, biometrics and identity management,” which allow them to engage customers without brick and mortar locations. “The process for obtaining a consumer loan from traditional lenders hasn’t changed much in the thirty years I have worked in the space,” said Michael Cochrum, Autonomous Lending CEO. “Both CULedger and Autonomous Lending’s solutions provide a unique benefit unlike any other in the industry by leveraging technology that creates an indisputable record of data that is secure, private and meets regulatory standards.