IRVINE, Calif., Nov. 10, 2022 (GLOBE NEWSWIRE) — Irvine, California, November 10, 2022 – Origence, the leading provider of lending technology solutions for credit unions, announces a strategic investment in Zest AI, a pioneer in automated underwriting powered by artificial intelligence (AI). This investment strengthens the existing partnership between the two companies, which began with the recent integration of The Zest AI model management system (MMS) credit scoring technology in Origin Arc OSOrigence’s credit and account allocation system.
“Automated decision-making is a key capability that credit unions must continue to cultivate to continue to thrive in an increasingly digital world,” said Aleks Bogoeski, senior vice president, Product & Partnerships at Origence. “Our investment in Zest AI is another example of our commitment to ensuring credit unions thrive.”
With the promise of more accurate and consistent underwriting decisions, Zest AI and Origence arc OS can help credit unions improve automation and loan scoring capabilities while improving the lending process for their members. This latest deal is part of a new round of funding designed to help Zest AI grow as the company expands access to AI-powered automated underwriting to additional lenders.
“Our investment in Zest AI will give our credit unions a voice in developing leading artificial intelligence and machine learning technological advances in the industry,” said Tony…
