Arizona Federal Credit Unionin Phoenix said it has added Akcelerant's loan origination systemto its existing use of the Philadelphia-area company's collectionssoftware.
|The $1.3 billion, 142,000-member Arizona Federal began usingAkcelerant Framework software in 2006 for collections and has sincealso added its member service product, the company and credit unionsaid.
|The credit union cited decisioning, reporting, workflow andconfiguration functionality in its decision.
|“Also, using the Akcelerant Framework to drive both lending andcollections from one platform will help communication flow moreclearly between our two departments and provide insight into whichdecisions lead to new or greater risk,” said T.J. Shoemake, thecredit union's senior director of consumer lending.
|Akcelerant said it nowhas offices in Malvern, Pa., and Vancouver, B.C., and a client listof more than 500 credit unions and other financialinstitutions.
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