MANTL, an Alkami solution team and leading provider of loan and deposit account opening technology, has officially announced its integration with Taktile, a next-generation decision platform that helps teams automate and improve risk management strategies across the customer lifecycle.
According to certain reports, upon leveraging their prowess in conjunction, these companies should empower community banks and credit unions to fully automate credit underwriting and decision-making, thus giving them the speed, flexibility, and control they need to drive loan growth and operational efficiency.
More on the same would reveal how, thanks to this new integration, financial institutions can launch, test, and update credit policies that will be implemented across MANTL workflows in real time.
Markedly enough, with Taktile, MANTL has all the means to give community banks and credit unions access to one of the most innovative underwriting technologies on the market today. For better understanding, Taktile’s proprietary technology currently powers hundreds of millions of credit decisions every month, helping lenders reduce manual underwriting by up to 90%, make decisions 10x faster, and at the same time, save as much as 75% of engineering resources.
“We’re excited to have this level of control at our fingertips,” said David Black, executive vice president, chief operating officer at Embers Credit Union. “MANTL continues to provide us with access to innovative solutions that empower us to differentiate ourselves in the marketplace with confidence. Tools like Taktile give our staff the opportunity to leverage best-in-class technology to scale our loan growth and deliver meaningful value to our members.”
Taking a deeper view of MANTL–Taktile integration, it arrives on the scene bearing an ability to facilitate automated and flexible lending decisions. This translates to how the development combines MANTL Loan Origination with Taktile’s decisioning platform to accelerate loan processing and eliminate bottlenecks.
Next up, there is the prospect of self-service for risk teams, a service which enables risk and credit teams with direct control over underwriting logic.
Another detail worth a mention is rooted in the potential for continuous optimization, a feature focused on helping you test, learn, and refine credit policies with built-in tools, all within a single, unified platform.
The integration in question delivers a rather interesting follow-up to MANTL revealing its Loan Origination for financial institutions back in December 2024. The stated platform, in case you weren’t aware, is dedicated to helping banks and credit unions supercharge growth, create real-time cross-sell opportunities, improve customer and employee experience, as well as benefit from underwriting automation and enhanced back-office efficiency.
As a part of the MANTL Loan Origination development program, MANTL also partnered with nine financial institutions to build the product from ground up to transform lending and meet the critical demand for a unified solution revolving around loan and deposit origination.
Founded in 2016, MANTL’s rise up the ranks stems from offering unified account origination technology, which makes it possible for banks and credit unions to open loan and deposit accounts seamlessly on any banking channel in real time.
The company’s excellence in what it does can also be understood once you consider MANTL Deposit Origination is among the fastest and most performant solutions on the market. We get to say so because consumers can open a new deposit account in under five minutes, businesses can open a new deposit account in under 10 minutes, and MANTL customers can raise billions in core deposits.
Turning our attention towards Taktile, it makes a case for itself by automating and improving risk management strategies, for financial institutions, across the entire customer lifecycle. The company’s case is even aided by the fact that it has been recognized as category leader in G2’s Quarterly Report for Decision Management Platforms for four quarters in a row.
Not just that, it is also trusted by leading fintechs, banks, and insurers across the globe.
“Community banks and credit unions are under pressure to grow loans while maintaining rigorous risk oversight,” said Benjamin Conant, co-founder and chief technology officer at MANTL. “MANTL is changing how these institutions originate loans by automating the entire process. Our integration with Taktile removes friction from the credit decision process and gives institutions an automated way to scale lending without adding complexity.”
