WASHINGTON — Fiserv Inc.'s 350 client credit unions using thePortico core processing platform will soon have an opportunity toparticipate in a mobile lending pilot program the company islaunching in partnership with CUNA Mutual Group.
The two organizations announced the new program at CUNA'sGovernmental Affairs conference Monday at the Washington ConventionCenter.
In addition to convenience, mobile applications have better oddsof being completed and submitted to the credit union, said DanMurray, CUNA Mutual vice president of lending. Only 20% ofLoanliner online applications are completed, he said, but mobileapplications have a 50% completion rate.
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