NEW ORLEANS–During its annual meeting here, NAFCU Services announced the winners of its 2019 Innovation Awards: LendKey, Mastercard, and Q2.
The companies were recognized for “groundbreaking solutions that help credit unions thrive and compete in a complex marketplace,” and were selected by an independent, third-party panel of judges. Innovation. The awards are open only to companies that are NAFCU Services Preferred Partners.
“Every year, the applications for NAFCU Services Innovation Awards become even more impressive, and I know our judges have a hard time choosing just three winners,” NAFCU Services President Randy Salser said. “The field of game-changing solutions for credit unions is truly fascinating. Congratulations to our three winners for rising to the top!”
The Winners:
Lendkey: LendKey was recognized for its custom, credit decisioning API and additional core product releases that it said enable improved analytics to enhance borrower credit decisioning and permit more types of borrowers to fund their student loans through partner lenders.
Mastercard: Mastercard was recognized for its Mastercard Pay with Rewards, a new option NAFCU Services said helps credit unions bolster card usage, driving spend and engagement by allowing cardholders to make purchases anywhere with rewards points. The card brand also rolled out new APIs in the Mastercard Developer Zone to open up client access to the solution and data.
Q2 Gro: Q2 Gro drives growth for credit unions across every channel of business by helping them create better experiences for members at each stage of their financial journey, according to NAFCU Services. It specializes in mobile-first member acquisition, including account opening in just four minutes, providing large-scale marketing tactics without corresponding resource consumption for smaller credit unions, serving business members.