SavvyMoney Adds New Client Portal for Bank, Credit Union Partners

Integrated credit score solution provider SavvyMoney has launched a new client portal that brings the resources it offers its bank and credit union partners together in one place.

Dubbed the “SavvyMoney Partner Hub,” the portal helps these financial institutions (FIs) manage rates, leverage services and tools, access product and marketing resources, engage with a community of other FIs and interact with SavvyMoney’s client support specialists, according to a Wednesday (Aug. 31) press release. 

“We think creating a consolidated platform for all things SavvyMoney-related will make it easier for partners to take advantage of all that our solutions have to offer,” said SavvyMoney President and CEO JB Orecchia.

The new portal supplements the company’s solution, which gives FIs the data and tools they need to allow their end users to access real-time credit, targeted loan offers and financial education content through their existing digital banking platform. 

“Our primary goal has always been to provide our partners with the tools they need to cultivate long-term relationships with their end-users while also driving profitable loan growth in a competitive environment,” Orecchia said.

PYMNTS research has found that nearly two-thirds of consumers check their credit score at least once a month, with 11% saying they had checked it earlier during the day on which they were surveyed. Meanwhile, 25% said they had checked earlier in the week, and 26% said they had checked it earlier in the month. 

Read more: 63% of Consumers Check Their Credit Scores Monthly 

Consumers with a below-average credit score check their report more often, with 67% saying they had checked it during the month prior to being surveyed. By way of comparison, 63% of consumers with an average credit score and 60% of those with an above-average credit score said they had done so, according to “The New Reality Check,” a PYMNTS and LendingClub collaboration.