SavvyMoney, a leading provider of financial wellness tools and personalized loan offerings, is proud to announce an exciting new integration with TruStage™, a financially strong insurance, investment and technology provider, to enhance and streamline loan application processes for financial institutions and their consumers. Implementing 48 FI pilot credit unions when the product launched in December 2024, this collaboration enables seamless access to loan protection products, educating borrowers about insurance options tailored to their specific loan types.This innovative feature is designed to enhance the consumer experience while maintaining efficiency for financial institutions. Through this integration, loan applicants learn about available insurance options and indicate interest in TruStage insurance products during the application. This early education makes consumers better informed about the benefits of insurance and ready to discuss their options during the loan closing.Key Highlights of the Integration:Seamless API Integration: The integration directly connects to each institution’s TruStage account, ensuring that only the relevant loan protection products are displayed based on loan type for the specific individual under their financial institutions’ abilities Strong Results: Initial results are promising – showing that more than 40% of applicants expressed interest in TruStage insurance products during the application process. Significantly, using a controlled A/B testing protocol, the additional content did not decrease application submissions. Intent Signals: Consumers can express interest in TruStage products without committing to a purchase, enabling lending teams to gather insights and facilitate informed decisions for consumers who are shopping for loans Customized Loan Protection Options: Loan protection products displayed to each user are tailored to the loan type, enhancing personalization and relevance for consumers“SavvyMoney is committed to helping financial institutions deliver a more personalized and efficient experience for their members,” said JB Orecchia, President and CEO at SavvyMoney

With an expanding client base, partnerships, and doubling of headcount, rising fintech star concludes 2024 well positioned for progress in the year ahead.NEW YORK, Jan. 9, 2025 /PRNewswire/ -- Ascent Platform , the leader in digital experience solutions for financial institutions, achieved extraordinary success in its first year of operation, with rapid expansion of the company on all fronts.Ascent began 2024 by exiting stealth development and announcing its first strategic partnership with MSU Federal Credit Union to transform business and commercial lending for credit unions. Shortly afterwards, Ascent closed $5.3 million in venture funding in a round led by Foundation Capital , TruStage , Alloy Labs , and Reseda Group. This funding fueled platform development and expansion of use case support to include any-and-all product applications and servicing forms used by financial institutions.Ascent doubled its headcount during the year, growing both US staff and product development and engineering teams operating in Scotland. Ascent grew its advisory board to include legendary fintech expert Bryan Clagett , mortgage industry leader Robert Davis , credit union keystone Kirk Kordeleski , and digital transformation thought leader Kevin Porter. Ascent also expanded strategic alliances, including partnership agreements with the Cooperative Credit Union Association , Finalytics , Nook , and Digifi .Ascent continued to gain industry recognition with acceptance and participation in Project Fintech's National Accelerator and MSUFCU's Conquer Finance & Insurance Accelerator , and a finalist selection for Fintech Futures "Customer Journey and Experience" award

Cotribute, a digital account opening and onboarding platform for financial institutions, announced its partnership with. TruStage <i class="fa fa-info-circle company-popover" data-content="h3TruStage/h3. div