back Back

Black Knight announced that Lake City Bank selected its Empower LOS solutions

By Joy Dumasia

August 05, 2022

  • Black Knight
  • Digital Lending
  • FinTech
Share

Black Knight announced that Lake City Bank, the largest bank in Indiana with 52 locations across northern and central Indiana, has selected the Empower loan origination system (LOS) and integrated solutions to help close more loans, further drive its growth and reduce costs.

“At Lake City Bank, we leverage next-generation technology to ensure that our client engagement is personalized and seamless, and enables us to use these new tools to maintain our great service levels more efficiently while we provide an improved customer experience,” said Kirtus Murray, Senior Vice President and Retail Lending Manager at Lake City Bank. “With Empower streamlining our workflow and automating many of the tasks that our loan officers have previously done manually, we will be able to improve our customer support and deliver advanced digital capabilities.”

Lake City Bank also selected the following solutions, which integrate seamlessly with Empower, to provide a true end-to-end loan experience: actionable intelligence for regulatory assistance; machine-learning technology for automated, lights-out document classification and indexing; the industry-leading Optimal Blue product and pricing engine; document and fee services; a property tax solution; a digital, fulfillment-based closing solution; powerful web APIs; and a digital point-of-sale solution that enhances the mortgage application process for both borrowers and loan officers.

Empower is an industry-leading LOS that delivers advanced functionality and automation to increase efficiency, drive down operational costs, and improve the homebuying experience for customers. This scalable, digital platform supports retail, consumer-direct, home equity, correspondent, wholesale and assumption channels all on a single system to support virtually any size lender.

“We look forward to providing enhanced technology to support Lake City Bank’s highly personalized, customer-driven community banking,” said Rich Gagliano, President of Black Knight Origination Technologies. “Using Empower and its integrated solutions, Lake City Bank will be able to focus on what they do best: delivering the best in banking solutions in the Indiana communities they serve.”

Previous Article

August 05, 2022

Nuula releases Term Life Insurance for small business owners and entrepreneurs

Read More
Next Article

August 05, 2022

Cover Genius partners with Zip to offer customers tailored protection

Read More






IBSi Daily News Analysis

cloud,

July 19, 2024

Black Knight

SMEs leverage cloud to gain competitive edge, study shows

Read More

IBSi FinTech Journal

  • Most trusted FinTech journal since 1991
  • Digital monthly issue
  • 60+ pages of research, analysis, interviews, opinions, and rankings
  • Global coverage
Subscribe Now

Other Related News

July 23, 2024

4 BNPL platforms providing financial freedom to consumers in MENA

Read More

July 23, 2024

Finastra & CredAble team to offer supply chain finance to banks globally

Read More

July 22, 2024

Jifiti launches ‘Tap Now, Pay Later’ to enable banks to deploy loans with ease

Read More

Related Reports

Sales League Table Report 2024
Know More
Global Digital Banking Vendor & Landscape Report Q2 2024
Know More
NextGen WealthTech: The Trends To Shape The Future Q4 2023
Know More
IBSi Spectrum Report: Supply Chain Finance Platforms Q4 2023
Know More
Treasury & Capital Markets Systems Report Q1 2024
Know More

IBSi Sales League Table

The industry acknowledged barometer of global banking technology vendor performance!
Get your copy now!
close-link
Get your copy now! IBSi Sales League Table 2024