The human arsenal might be as expansive as one could possibly imagine, but it still hasn’t possessed anything more valuable than that tendency of ours to grow on a consistent basis. This is, more or less, because the stated tendency has already fetched us some huge milestones, with technology appearing as a major member of the group. The reason why technology enjoys such an esteemed stature among people is based on its skill-set, which ushered us towards a reality that nobody could have ever imagined otherwise. Nevertheless, if we look beyond the surface for a second, it will become clear how the whole runner was also very much inspired by the way we applied those skills across a real-world environment. The latter component was, in fact, what gave the creation a spectrum-wide presence, and consequentially, kickstarted a tech revolution. Of course, this revolution then went on to scale up the human experience from all conceivable directions, but even after achieving such a monumental feat, technology will somehow continue to deliver the right goods. The same has grown to become a lot more evident in recent times, and assuming a new partnership works out just like envisioned, it will only make that trend bigger and better moving forward.

MeridianLink Inc, a leading provider of modern software platforms for financial institutions and consumer reporting agencies, has officially signed off on a partnership with MeasureOne to provide its customers an optimized version of the latter’s CPD platform. This means that banks and credit unions using MeridianLink® Consumer will now have an unprecedented option to bank upon MeasureOne technology and automate Verification of Income and Employment (VOIE), reduce costs, improve conversions, and increase operational efficiencies. Talk about what made MeasureOne an ideal partner here, the stated platform currently connects to over 10,000 data sources, including over 5,000 payroll systems, spanning multiple geographies and data domains. These figures are further complemented by its ability to streamline consumer-permissioned data sharing through a range of cutting-edge features, such as digital and in-branch experiences, data source waterfalling, and proprietary document processing.

Although MeasureOne’s CPD solution, at the moment, supports access to a few specific categories in income, employment, insurance, and education, it is working towards realizing a wider access sooner rather than later.

When quizzed regarding the partnership in question, Yaron Oren, Chief Revenue Officer at MeasureOne, responded by saying:

“MeridianLink has already been a terrific partner to us in the Background Screening industry via TazWorks and is at the forefront of creating innovative solutions for banks and credit unions through its end-to-end platform. We are thrilled to build on the partnership with them and bring the data quality, coverage, cost savings and privacy benefits of consumer-permissioned data to their financial institution customers.”

Coming to MeridianLink, founded back in 1998, the company has made a name for itself by using data-driven personalized experiences to create a more productive lending lifecycle. With new capabilities coming into play, this ambition to democratize the lending business can only be expected to look more viable than ever before.

“We are continuously adding valuable resources to our Marketplace and are pleased to bring MeasureOne’s industry-leading consumer-permissioned data platform to our customers,” said Megan Pullian, SVP of Marketplace at MeridianLink. “As we look to the future of lending and loan origination, we’re pleased to work with MeasureOne to help us continue to drive innovation and growth in our industry while preserving consumer privacy.”