Algebrik AI and Open Lending Team Up to Enhance Auto Loan Decisioning for Credit Unions

Algebrik AI and Open Lending have partnered to expand intelligent auto loan decisioning for credit unions. The integration aims to strengthen auto loan decisioning capabilities within Algebrik's cloud-native, AI-powered Loan Origination System (LOS). The partnership enables credit unions to evaluate near- and non-prime applicants, receive real-time decisions, and leverage Open Lending's insured, risk-based decisioning directly within Algebrik's LOS.

Algebrik AI Inc., a Delaware-incorporated company headquartered in New York City, has announced a strategic partnership with Open Lending Corporation. The collaboration aims to enhance auto loan decisioning capabilities within Algebrik's cloud-native, AI-powered Loan Origination System (LOS), part of the Algebrik One lending suite. This integration will enable credit unions and community lenders to confidently extend credit to near- and non-prime borrowers while minimizing risk and streamlining workflows.

The partnership leverages Open Lending's Lenders Protection™ platform, which combines real-time risk modeling, pricing optimization, and insurance-backed loan protection. Through this integration, Algebrik's LOS now offers built-in access to the Lenders Protection™ platform, allowing credit unions to evaluate near- and non-prime applicants using Open Lending's advanced decisioning engine. Lenders can receive real-time decisions, including APR, terms, stipulations, and certificate numbers, and automatically surface stipulations tied to counter-offers within the lending workflow of Algebrik's LOS.

Algebrik AI's LOS delivers this capability through a unified, AI-powered experience, supporting both loan officer and borrower-facing workflows. Lenders can seamlessly manage counteroffers, display dynamic payment terms, and track certificate numbers, all within a single, modern interface. This integration allows credit unions to leverage Open Lending's insured, risk-based decisioning directly within Algebrik's LOS, without needing external systems.

Pankaj Jain, Founder and CEO of Algebrik AI, commented on the partnership: "We believe modern lending stacks must function as ecosystems—not toolkits. By partnering with Open Lending, we're deepening the intelligence of loan decisioning and giving lenders a seamless path to responsible loan growth. With Open Lending now embedded in Algebrik's LOS, lenders can reach underserved borrowers while maintaining the operational efficiency and compliance they demand."

Josh Marcy, Chief Product Officer at Open Lending, added: "Algebrik brings a modern, purpose-built approach to lending infrastructure. The Algebrik integration leverages best practice automation capabilities and a dynamic user experience, offering fast and accurate automatic decisions that accelerate loan originations for our mutual customers. Their team has delivered a clean, intuitive experience that aligns with our vision for the future of inclusive, data-driven auto lending."

For more information on how Algebrik AI is transforming lending, visit [Algebrik AI](https://www.algebrik.ai).

References:
[1] https://www.prnewswire.com/news-releases/algebrik-ai-and-open-lending-partner-to-expand-intelligent-auto-loan-decisioning-for-credit-unions-302526459.html
[2] https://sg.finance.yahoo.com/news/algebrik-ai-open-lending-partner-130900855.html