MeridianLink Recognized for Achievement in Product Innovation in 2024 American Business Awards

MeridianLink, Inc. (NYSE: MLNK), a leading provider of modern software platforms for financial institutions and consumer reporting agencies, today announced it was named a winner in the Achievement in Product Innovation category of the 22nd Annual American Business Awards, also known as the Stevie Awards. MeridianLink, which provides industry-leading account opening, consumer lending, member engagement, and business intelligence capabilities, was recognized for its partnership with FedChoice Federal Credit Union.

“It’s a great honor to be recognized for product innovation along with FedChoice among such a distinguished class in an incredibly competitive year,” said Devesh Khare, chief product officer at MeridianLink. “We are proud to provide our connected ecosystem through MeridianLink One and are honored to partner with financial institutions across the country to help drive their digital progression.”

MeridianLink and FedChoice continue to show the strength of their long-time partnership through this latest success. FedChoice's integration of MeridianLink Insight into their existing MeridianLink One platform has yielded significant benefits, including enhancing member segmentation and operational efficiency for the credit union. This improvement has led to a discernable uptick in loan funding and home equity product growth. MeridianLink Insight offers financial institutions valuable insights into operational performance and potential bottlenecks, empowering them with data-driven solutions. By prioritizing member needs and leveraging data effectively, FedChoice has not only improved efficiency but also enhanced the borrower experience, yielding tangible results.

The American Business Awards are the U.S.A.’s premier business awards program. All organizations operating in the U.S.A. are eligible to submit nominations – public and private, for-profit and non-profit, large and small.

“While growth in much of the world economy has recovered slowly from the COVID-19 pandemic, the American economy continues to show remarkable resilience and growth,” said Stevie Awards President Maggie Miller. “Our 2024 Stevie winners have contributed to that successful recovery through their innovation, persistence, and hard work. We congratulate all our winners in the 2024 ABAs and look forward to celebrating their achievements during our June 11 awards banquet in New York.”