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ORIGENCE AND ALLOY PARTNER TO DELIVER BEST-IN-CLASS FRAUD PROTECTION FOR CREDIT UNIONS
ORIGENCE AND ALLOY PARTNER TO DELIVER BEST-IN-CLASS FRAUD PROTECTION FOR CREDIT UNIONS

Yahoo

time11-06-2025

  • Business
  • Yahoo

ORIGENCE AND ALLOY PARTNER TO DELIVER BEST-IN-CLASS FRAUD PROTECTION FOR CREDIT UNIONS

Integration unlocks growth opportunities to streamline onboarding, enhance the member experience, and strengthen security. Origence and Alloy Irvine, California, June 11, 2025 (GLOBE NEWSWIRE) -- Origence, the leading lending technology solutions provider for credit unions, announced a strategic partnership with Alloy, a premier identity and fraud prevention platform provider. This partnership provides credit unions with a scalable and highly effective solution to grow their business by streamlining digital member onboarding and digital lending while also proactively mitigating fraudulent activity. Through this partnership, Alloy will enable credit unions to verify member identities with access to more than 200 best-in-class sources of fraud, identity, and compliance data without the burden of managing individual integrations. Alloy provides credit unions with the ability to: Optimize growth by increasing top of funnel conversion rates, onboarding automation rates, and speed of origination. Orchestrate unique fraud prevention data points for digital new account opening and direct lending. Easily select from a variety of pre-built fraud and identity solutions, promoting tailored security measures. Reduce costs by pausing additional fraud checks on low-risk applications and make real-time adjustments to balance security and cost-effectiveness. Quickly detect fraud risks in online member onboarding and lending channels. Implement automated know-your-customer (KYC) and customer identification program (CIP) checks to promote compliance and enhance security measures. Fraud has become an escalating challenge for credit unions, with attacks evolving in sophistication and frequency. At the same time, fraud prevention is acting as a growth driver for financial institutions by enabling them to onboard genuine members. According to a 2025 report from Alloy, 87% of financial institutions reported that the money saved by fraud prevention outweighs its costs. To keep up with growing fraud, credit unions must diversify and layer their fraud solutions to evolve as quickly as the threats they face, ultimately unlocking additional growth opportunities for their business. 'As fraud continues to evolve, we recognize the need for cutting-edge solutions that will protect our partners and their members without compromising efficiency,' said Brian Hendricks, Chief Product Officer of Origence. 'By integrating with Alloy's powerful fraud detection capabilities, we equip credit unions with the tools to safeguard their operations, build trust, make more loans, and open new accounts. This is more than just another integration; it's about empowering credit unions with confidence to move faster than the pace of fraud.' 'Credit unions are highly skilled at providing high-quality experiences to the member communities they serve,' said Keith Kettell, Chief Revenue Officer at Alloy. 'Our partnership with Origence enables credit unions to continue to faithfully serve their members while also ensuring they reduce fraud risk and ultimately grow their business.' About Alloy Alloy provides an identity and fraud prevention platform that enables global financial institutions and fintechs to manage identity risk so they can grow with confidence. Over 700 of the world's largest financial institutions and fintechs turn to Alloy's end-to-end platform to access actionable intelligence and the broadest network of data sources across the industry, as well as stay ahead of fraud, credit, and compliance risks. Founded in 2015, Alloy is powering the delivery of great financial products to more customers around the world. Learn more at About Origence Origence provides lending technology solutions credit unions need to advance their total origination experience. We were established in 1994 as a credit union service organization (CUSO) and have helped thousands of credit unions process more than 97 million applications, including 8.6 million applications in 2024. Our solutions include indirect lending, loan and account origination, auto shopping, marketing automation, lending operations, and more. Learn more at and follow us on X and LinkedIn. Attachment Origence and Alloy CONTACT: Alison Barksdale Origence 817-219-6281 in to access your portfolio

OLYMPIC LEGEND SCOTT HAMILTON TO HEADLINE AT ORIGENCE'S LENDING TECH LIVE ‘25
OLYMPIC LEGEND SCOTT HAMILTON TO HEADLINE AT ORIGENCE'S LENDING TECH LIVE ‘25

Business Upturn

time08-05-2025

  • Business
  • Business Upturn

OLYMPIC LEGEND SCOTT HAMILTON TO HEADLINE AT ORIGENCE'S LENDING TECH LIVE ‘25

By GlobeNewswire Published on May 8, 2025, 16:00 IST Irvine, California, May 08, 2025 (GLOBE NEWSWIRE) — Origence, a leading provider of lending technology solutions, announced Olympic icon Scott Hamilton as a keynote speaker for its Lending Tech Live '25 conference, scheduled for June 16–18, 2025, at the Omni Nashville Hotel in Nashville, Tenn. Hamilton captured the world's attention with his Olympic gold medal performances in Sarajevo in 1984, and he continues to be the world's most recognized figure skater. His achievements extend far beyond the rink, including an Emmy nomination, a bestselling author, a humanitarian, and the founder of the Scott Hamilton CARES Foundation. As a cancer survivor, his global fight against cancer inspires countless individuals to face life's challenges with courage and optimism. Hamilton's session 'Undefeated: Rising above every challenge' will inspire audiences by sharing his journey of resilience, perseverance, and triumph. With humor, authenticity, and passion, he encourages others to view challenges as opportunities for growth and to use their stories to inspire and uplift those around them. This session serves as a powerful reminder that with determination and gratitude, it's possible to rise above any obstacle in life, work, or leadership and remain undefeated. Erika Hill, VP of marketing at Origence, expressed her excitement about Scott Hamilton's participation: 'We are honored to have Scott Hamilton join us at Lending Tech Live 2025. His remarkable journey and dedication to making a positive impact resonate deeply with our mission at Origence and the credit union community nationwide. His insights and experiences will inspire and motivate our attendees to strive for excellence in their endeavors.' As the premier credit union lending technology event, Lending Tech Live offers opportunities for professional growth through insightful sessions and networking with key industry leaders. Attendees learn about the latest trends and innovations shaping the future of lending, while hearing from experts on strategies, emerging trends, best practices, and groundbreaking technology. To learn more about the conference, visit the Lending Tech Live website. About Origence Origence provides lending technology solutions credit unions need to advance their total origination experience. We were established in 1994 as a credit union service organization (CUSO) and have helped thousands of credit unions process more than 97 million applications, including 8.6 million applications in 2024. Our solutions include indirect lending, loan and account origination, auto shopping, marketing automation, lending operations, and more. Learn more at and follow us on X and LinkedIn. Attachment Disclaimer: The above press release comes to you under an arrangement with GlobeNewswire. Business Upturn takes no editorial responsibility for the same. GlobeNewswire provides press release distribution services globally, with substantial operations in North America and Europe.

Origence's eContracting Solution to Streamline Indirect Auto Financing for Credit Unions
Origence's eContracting Solution to Streamline Indirect Auto Financing for Credit Unions

Associated Press

time03-03-2025

  • Automotive
  • Associated Press

Origence's eContracting Solution to Streamline Indirect Auto Financing for Credit Unions

Origence, the leading lending technology solutions provider for credit unions, announced the expansion of its streamlined indirect auto financing solutions with eContracting for CUDL to help credit unions digitize the contract process for indirect auto financing. EContracting for CUDL is offered via the CUDL platform, where dealers connect with credit unions for auto financing options, and it enhances the current efficiencies found within the SmartFund solution. It also integrates to the credit union's Loan Origination System, such as arc OS, to streamline the processing experience for indirect auto loans. CUDL credit unions have collectively been the leading auto lenders in the country for four consecutive years. According to Wolters Kluwer's 2024 Auto Finance Digital Transformation Index, there has been a notable increase in auto retailers and lenders adopting the streamlined efficiencies in eContracting. The report revealed a 37% increase year over year with a four-year trend of digital adoption up 138% dating back to 2020. 'With members and dealers increasingly expecting a fast and seamless car-buying experience, now is the perfect time for credit unions to adopt solutions like eContracting,' said Tony Boutelle, CEO of Origence. 'eContracting empowers credit unions to enhance their indirect auto financing programs by digitizing the contract process, improving efficiency and accuracy, and delivering faster loan processing times. By modernizing their operations, credit unions can strengthen dealer relationships, drive member satisfaction, and ensure long-term success in the auto financing market.' Origence offers eContracting for CUDL to help credit unions overcome challenges related to manual contracts. These challenges include reworking contracts due to errors, losing or straining dealer business from slow funding, and service issues during peak times, leading to lengthy processing and errors. eContracting addresses this by streamlining the creation, signing, submission, and electronic storage of documents. It optimizes tasks ranging from data validation to final funding, enhancing accuracy and operational efficiency while reducing errors and missing data. Credit unions leveraging eContracting for CUDL can meet dealer demands for digital contracting, improving productivity and aligning contract details with lender requirements. Faster funding builds trust and loyalty with dealers, while seamless experiences enhance member satisfaction. Additionally, the solution saves costs by minimizing contract revisions, allowing credit unions to process more loans efficiently without additional resources. About Origence Origence provides lending technology solutions credit unions need to advance their total origination experience. We were established in 1994 as a credit union service organization (CUSO) and have helped thousands of credit unions process more than 97 million applications, including 8.6 million applications in 2024. Our solutions include indirect lending, loan and account origination, auto shopping, marketing automation, lending operations, and more. Learn more at and follow us on X and LinkedIn.

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