LendKey, Mastercard, and Q2 Win NAFCU Services Innovation Awards
Game-changing solutions create efficiencies, generate loans and revenue
New Orleans, LA (June 19, 2019) – NAFCU Services is proud to announce the winners of our 2019 Innovation Awards: LendKey, Mastercard, and Q2. Our Innovation Awards recognize groundbreaking solutions that help credit unions thrive and compete in a complex marketplace, and winners are selected by an independent, third-party panel of judges. Innovation Awards are open exclusively to NAFCU Services Preferred Partners.
“Every year, the applications for NAFCU Services Innovation Awards become even more impressive, and I know our judges have a hard time choosing just three winners,” NAFCU Services President Randy Salser says. “The field of game-changing solutions for credit unions is truly fascinating. Congratulations to our three winners for rising to the top!”
The 2019 award-winning solutions are:
LendKey’s Student Lending Platform
LendKey’s custom, credit decisioning API and additional core product releases enable improved analytics to enhance borrower credit decisioning and permit more types of borrowers to fund their student loans through partner lenders. As credit unions work to remain competitive in the digital banking realm, LendKey is providing quick, cost-efficient digital lending solutions for credit unions of all sizes to enable student and home improvement loans.
Mastercard Pay with Rewards
Mastercard’s new rewards option helps credit unions bolster card usage, driving spend and engagement by allowing cardholders to make purchases anywhere with rewards points. The card brand also rolled out new APIs in the Mastercard Developer Zone to open up client access to the solution and data. The program is a flexible, cost-effective method for executing point-of-sale reward programs with no impact on the processes or technology used by merchants or acquirers. Card issuers can configure program rules to guide behavior that optimizes their portfolio’s potential.
Q2 Gro drives growth for credit unions across every channel of business by helping them create better experiences for members at each stage of their financial journey. It specializes in mobile-first member acquisition, including account opening in just four minutes, providing large-scale marketing tactics without corresponding resource consumption for smaller credit unions, serving business members, ID scanning for quick data extraction, and more. Q2 Gro activates new digital growth engines as consumers increasingly move toward digital and mobile channels.
The independent panel of judges for NAFCU Services’ 2019 Innovation Awards includes Farmers Insurance Federal Credit Union Chief Operating Officer Kathy Chicas, CUbroadcast Creator and Host Mike Lawson, Coastal Federal Credit Union Chief Member Service Officer and Senior Vice President Jim Pack, CUinsight Co-Founder and Publisher Randy Smith, and Cobalt Credit Union Chief Communications Officer Sharon Stahr.
About NAFCU Services
NAFCU Services is a wholly-owned subsidiary of the National Association of Federally-Insured Credit Unions (NAFCU). They connect forward-thinking credit unions to the best business partners. NAFCU Services’ Preferred Partners have supported credit union success in technology, security, risk management, and many other areas of business for more than 40 years. Companies go through a rigorous vetting process before becoming a Preferred Partner, so credit union leaders know the solutions are trustworthy. For more information, visit nafcu.org/nafcuservices and connect on Twitter @NAFCUServices.
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Add to Calendar 2020-02-18 14:00:00 2020-02-18 14:00:00 The Changing Landscape of eMortgage Join Rebecca Perkovich and Ridaa Mian Chippa, eMortgage Product Development Managers at Fannie Mae, to learn more about what drove 2019 results, and the opportunities ahead for your business in 2020. In this webainr we’ll review insights about the digital mortgage landscape and what we’ve learned from customers who are taking advantage of it. We’ll also focus on digital closing adoption and implementation best practices – the how and what, not just the why. Key Takeaways Learn how to get started with a hybrid eClosing as a natural entry point to digital Review why a digital mortgage solution offers a competitive advantage for your organization Understand the eMortgage and eClosing Basics Receive a Sample Onboarding Schedule Discuss the current digital mortgage landscape Learn what we’re hearing from lenders, title and settlement agents and borrowers Purchase Now$295 Members | $395 Nonmembers (Additional $50 for CD)One registration gives your entire credit union access to the on-demand recording until February 18, 2021.Already registered? Go to the Online Training Center to view live. Who Should Attend? Lending staff Marketing staff Business Development staff Operations staff Executive Management Education Credits CPA credit information is below; recommended 1.5 CPE credits. CPA Certification Credit Information Reviewer: Josie Collins, Education Manager, NAFCU Learning Objectives: Learn how to get started with a hybrid eClosing as a natural entry point to digital. Review why a digital mortgage solutions offers a competitive advanctage for your organization. Understand the eMortgage and eClosing Basics. Discuss the current digital mortgage landscape. Learn what we're hearing from lenders, title and settlement agents and borrowers. Program Level: Basic Prerequisites Needed: None Advance Preparation Needed: None Delivery Method: Group Internet-Based Recommended CPE Credits: 1.5 credits Recommended Field of Study: Management Services - Technical National Association of Federal Credit Unions (NAFCU) is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. Learn more. About Our Webinars Our webinars are streamed live from NAFCU headquarters near Washington, D.C. Your audio/video feed of the presenters includes presentation slides and downloadable handouts. You can easily submit your questions to the presenters at any time during the live broadcast, with no dialing over the phone! The audio and video stream directly through your computer. Web NAFCU firstname.lastname@example.org America/New_York public
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