NEW YORK–(BUSINESS WIRE)–Algebrik AI Inc., a Delaware-incorporated company headquartered in New York City, pioneering the world’s 1st cloud-native, AI-powered, digital-era Loan Origination Platform (LOS), today announced its partnership with Plaid, the data network powering the digital financial ecosystem. This collaboration brings transformative enhancements to credit unions and financial institutions by integrating Plaid’s consumer-permissioned data with Algebrik, enabling seamless identity verification, financial data access, and improved decision-making for lenders and borrowers.
This partnership empowers Algebrik AI to leverage Plaid’s robust financial data technology, streamlining the borrower experience while ensuring compliance and data security. With consumer-permissioned access to real-time financial data, credit unions and other lenders can make faster, more accurate lending decisions. Borrowers benefit from a simplified application process and increased access to credit by incorporating cash flow data
