Loans
With income and expenditure available in real time for up to 98% of applicants through their credit union account or Open Banking, Murmuration gives your lending team a clearer picture of affordability from the start.
Apply your own lending criteria, automate straightforward decisions and refer cases to your team when human judgement is needed.
Better information. Better lending decisions.
Give your lending team a more current view of affordability — without pulling information together manually.
Use consented financial data to understand income, expenditure and financial commitments for a clearer, up-to-date view of affordability.
Use relevant information available through the member's relationship with your credit union.
Bring external credit information into the same assessment if you use credit reference data as part of your criteria.
See more of the picture. Make more informed decisions.
Faster where it can be. Human where it needs to be.
AI-assisted underwriting and automation assess applications against your lending criteria. Straightforward applications can move through quickly, while cases requiring judgement, additional information or support are routed to your team.
Applications are assessed against the criteria your credit union defines.
Support decisions with connected data rather than manual collation.
Move applications forward without manual handoffs.
Route cases needing judgement or support to your team.
One connected lending journey
Give members a simpler borrowing experience while giving your team a connected view throughout the life of the loan.
A simple, mobile-first digital application.
Bring together affordability, account and credit information.
Assess the application against your lending criteria.
Move approved applications through documentation and completion.
Manage repayments, top-ups and eligible consolidation lending.
Identify changes and engage members who may need help.
One application. One loan. One connected view.
Spot difficulty earlier. Support members sooner.
Connected data and intelligent monitoring help identify emerging signs of financial difficulty earlier — giving your team more opportunity to engage, understand the circumstances and offer appropriate support.
Identify patterns and indicators that may suggest a member is at greater risk of falling behind.
Give your team the opportunity to start the conversation sooner.
The built-in CRM contacts members automatically on a pre-built contact cycle — email, SMS, push notification or automated outbound call.
Record and manage appropriate repayment arrangements through connected workflows.
A clearer view of accounts requiring attention, member circumstances and actions already taken.
Earlier insight. Earlier conversations. Better opportunities to support members.
See the whole loan book
Turn lending data into a clearer view of performance, risk and opportunity.
See volumes, outcomes and where applications are in the process.
Understand the composition and performance of your loan book.
See where attention may be needed across the portfolio.
Clearer information to support oversight and decision-making.
Your credit union. Your lending decisions.
Murmuration is designed to help your credit union make better-informed decisions — not impose a single approach to lending.
You define how your credit union lends.
You set the rules, parameters and risk appetite.
You decide where automation can be used and where people need to be involved.
Individual circumstances remain at the heart of responsible lending.
Murmuration provides the technology and insight. Your credit union makes the decision.
See Murmuration lending in action
See how Murmuration can connect applications, affordability, decisioning, loan management and collections — helping you make responsible lending easier for members and more efficient for your team.
Better information. Faster decisions. Responsible lending.