Credit union is the 10th to sign up for Akcelerant's lending platform; more than 500 CUs use its collections software.
Akcelerant signs three more credit unions as users of its loan origination and collections software solutions.
LAKE BUENA VISTA, Fla. — Gaming, solar projects and small business lending are promising niches.
Akcelerant said it added 16 new customers in the first half of 2011 as users of its lending and collections and other software products.
Credit unions have a mixed view on using outsourcing for collections, but agree on technology and outreach.
Arizona Federal has added loan origination software that integrates with its collections tools.
More than 90 financial institutions were represented by the 200 attendees who attended Akcelerant's recent 2010 Customer Conference at the Penn State Great Valley Conference Center near its headquarters in Malvern, Pa.
Akcelerant said it has signed a partnership agreement with Symitar, allowing the company to market its collections software and other solutions to credit unions running on the widely used core processing system from Jack Henry & Associates.