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Teslar Software program to Streamline and Automate Lending for Missouri-Primarily based The Seymour Financial institution

by SB Crypto Guru News
August 21, 2022
in DeFi
Reading Time: 3 mins read
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Teslar Software program to Streamline and Automate Lending for Missouri-Primarily based The Seymour Financial institution
  • Teslar Software program introduced a partnership with Missouri-based neighborhood financial institution, The Seymour Financial institution.
  • Courtesy of the deal, The Seymour Financial institution will use Teslar’s lending course of automation platform to modernize and streamline its business lending enterprise.
  • Teslar Software program made its Finovate debut at FinovateSpring 2015 in San Francisco.

The Seymour Financial institution, a Missouri-based monetary establishment with greater than $137 million in belongings, has chosen Teslar Software program to boost its business lending technique. The financial institution will use Teslar’s lending course of automation platform to cut back reliance on guide processes and increase efficiencies..

“With Teslar, we’ll change into extra accessible to our clients, delivering a portal that permits them to simply and rapidly monitor the standing of their loans and securely talk with us,” The Seymour Financial institution vice chairman Heather Johns stated. “Plus, Teslar’s automated workflows will save time for our workers, leading to a greater, extra environment friendly expertise.”

Along with the digital buyer portal, designed to enhance comfort, The Seymour Financial institution may also leverage Teslar’s know-how to enhance its skill to trace documentation and monitor exceptions. The establishment, based in 1939 and headquartered in Seymour, MIssouri, exterior of Springfield, prides itself in its dedication to native involvement and customer support. However, within the phrases of Johns, the financial institution “additionally need(s) to be acknowledged for contemporary know-how and seamless experiences.” The partnership with Teslar will convey the advantages of recent, automated know-how to each the financial institution’s customer-facing and again workplace operations.

“The Seymour Financial institution is a regionally owned financial institution that has prioritized serving its clients and neighborhood for greater than 80 years,” Teslar Software program founder and CEO Joe Ehrhardt stated. “We stay up for supporting the financial institution as (it supplies) extra digitized, seamless interactions to boost each the shopper and worker expertise.”

Teslar’s partnership with The Seymour Financial institution comes simply weeks after the agency introduced that it had teamed up with Nationwide Financial institution & Belief to streamline the Texas-based monetary establishment’s lending course of with a brand new suite of automated workflow and portfolio administration instruments. Chartered in 1888 as The First Nationwide and headquartered in La Grange, Texas, Nationwide Financial institution & Belief is a full-service financial institution devoted to offering personalized service, “lightning quick lending”, and future-focused know-how.

Winner of the 2020 Finovate Award for Finest Fintech Partnership for its PPP.financial institution initiative – a free web site developed in collaboration with Residents Financial institution of Edmonds and Mark Cuban – Teslar Software program was based in 2008 and made its Finovate debut at FinovateSpring in 2015. Since then, the corporate has grown into a sturdy, portfolio administration system supplier and strategic companion to assist neighborhood and regional banks compete in an more and more robust and crowded atmosphere for lending companies.

Teslar is making its return to the Finovate stage subsequent month for FinovateFall 2022 in New York. Go to our FinovateFall 2022 occasion hub to study extra.


Picture by Afif Kusuma



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Tags: AutomateBankBitcoin NewsCrypto NewsCrypto UpdatesLatest News on CryptoLendingMissouriBasedSB Crypto Guru NewsSeymoursoftwarestreamlineTeslar
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