Constellation & SavvyMoney to boost credit decisioning and financial wellness solutions

By Gloria Mathias

Constellation, a cloud-native digital banking services provider, has announced its recent partnership with SavvyMoney, a provider of personalized financial management tools.

Through this partnership, Constellation Digital Banking platform users will have access to SavvyMoney’s powerful tools and guidance, which will help them gain better insights and improve their members’ credit standing and financial health.

SavvyMoney’s credit scoring solutions and robust analytics provide real-time data for better, faster decisioning, and its interactive digital tools and personalization capabilities help community FIs support the financial wellness of their customers and members and foster deeper, more meaningful relationships.

The Constellation Digital Banking platform is designed to make it easier for community financial institutions to connect to FinTechs like SavvyMoney. Leveraging an open architecture, the platform provides credit unions with the flexibility to customize their fintech solutions and gain more control over their technology roadmaps, streamlining the transition to digital banking and ensuring their members receive the personalized digital banking experiences that they deserve and expect.

“We are excited to announce our partnership with Constellation Digital Partners, which will equip credit unions with financial wellness tools. By integrating SavvyMoney’s credit monitoring solutions and offers engine into Constellation’s platform, we aim to enhance digital engagement and provide credit unions and their members with invaluable insights and resources to effectively manage financial health,” said Chris Fraenza, Chief Revenue Officer at SavvyMoney.

“Constellation’s goal has always been to help credit unions develop the technology roadmap they need to meet their unique business demands and address the needs of their members to thrive in today’s digital banking environment,” said Kris Kovacs, Founder and CEO of Constellation. “To help achieve this, credit unions must have the right credit decisioning tools and data insights to empower the financial well-being of their members to drive risk-responsible growth, and we are committed to providing them with just that. We’re thrilled to partner with an industry leader like SavvyMoney to deliver these powerful solutions to our clients.”