MeridianLink Announces Expanded Relationship with Experian, Providing Lenders with Real-Time Access to Verified Income and Employment Information
October 31 2023 - 9:05AM
Business Wire
MeridianLink customers can now integrate with
Experian Verify, enabling them to instantly complete income and
employment verifications
MeridianLink, Inc. (NYSE: MLNK), a leading provider of modern
software platforms for financial institutions and consumer
reporting agencies, today announced a new integration with
Experian®, the world’s leading global information services company.
In addition to existing MeridianLink® Mortgage Credit Link™ users,
lenders leveraging MeridianLink® Consumer can now integrate with
Experian Verify™, which provides instant access to verified income
and employment information from Experian’s growing network of
payroll and proprietary employment data.
“This new integration is the latest of many Experian has with
MeridianLink and is a testament to our long-standing commitment to
advancing digital lending innovation,” said John Tsefrikas, senior
vice president and general manager of Experian Verification
Solutions. “Experian Verify will provide MeridianLink customers
with instant access to reliable and cost-effective income and
employment information.”
The integration of Experian Verify with MeridianLink Consumer
and Mortgage Credit Link provides customers with enhanced
capabilities that deliver a seamless digital lending experience.
Instant verification can help save valuable time in the lending
process, enable lenders to make more confident lending decisions,
and deliver the frictionless experience today’s consumers
demand.
As a leader in data, analytics, and technology, Experian’s
innovative approach helps ensure clients receive income and
employment information they can trust to inform lending decisions
across the consumer journey.
The integration to Experian Verify seeks to assist MeridianLink
customers to:
- Reduce risk by decisioning on fresh and accurate
information
- Accelerate conversion by streamlining the verification
process
- Save money by reducing the need for costly manual
verification
- Remove friction by verifying information instantly
- Maintain compliance with the Fair Credit Reporting Act
“Time and time again, the Experian team demonstrates that
they’ve listened to their customers’ evolving needs and innovates
to offer increased capabilities to meet those needs,” said Megan
Pulliam, SVP of MeridianLink® Marketplace. “We are proud to offer
our customers access to Experian Verify, a trusted source for
income and employment information, so they can make faster, more
confident decisions while improving the consumer experience.”
The relationship between MeridianLink and Experian offers
financial institutions a more streamlined, secure digital lending
experience. To learn more about partners in the MeridianLink
Marketplace, visit https://www.meridianlink.com/marketplace/.
ABOUT MERIDIANLINK
MeridianLink® (NYSE: MLNK) powers digital lending and account
opening for financial institutions and provides data verification
solutions for consumer reporting agencies. MeridianLink’s scalable,
cloud-based platforms help customers build deeper relationships
with consumers through data-driven, personalized experiences across
the entire lending life cycle.
MeridianLink enables customers to accelerate revenue growth,
reduce risk, and exceed consumer expectations through seamless
digital experiences. Its partner marketplace supports hundreds of
integrations for tailored innovation. For more than 20 years,
MeridianLink has prioritized the democratization of lending for
consumers, businesses, and communities. Learn more at
www.meridianlink.com.
ABOUT EXPERIAN
Experian is the world’s leading global information services
company. During life’s big moments – from buying a home or a car,
to sending a child to college, to growing a business by connecting
with new customers – we empower consumers and our clients to manage
their data with confidence. We help individuals to take financial
control and access financial services, businesses to make smarter
decisions and thrive, lenders to lend more responsibly, and
organizations to prevent identity fraud and crime.
We have 22,000 people operating across 32 countries and every
day we’re investing in new technologies, talented people, and
innovation to help all our clients maximize every opportunity. With
corporate headquarters in Dublin, Ireland, we are listed on the
London Stock Exchange (EXPN) and are a constituent of the FTSE 100
Index.
Learn more at www.experianplc.com or visit our global content
hub at our global news blog for the latest news and insights from
the Group.
View source
version on businesswire.com: https://www.businesswire.com/news/home/20231031730501/en/
Becky Frost MeridianLink (714) 784-5839
media@meridianlink.com
Amanda Garofalo Experian (714) 460-3739
amanda.garofalo@experian.com
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