Tandem Bank has entered into a partnership with fintech Sikoia, with the latter set to automate income verification and document handling processes for the former.
Sikoia’s platform uses AI-powered income and employer verification solutions to accelerate these processes that can take up to 30 minutes per application.
“Our partnership with Tandem Bank marks a key milestone in transforming income verification and document processing for the mortgage industry,” said Alexis Rog, CEO at Sikoia (pictured above).
“This collaboration aims to eliminate administrative burdens, ensure consistent and auditable decision-making, and ultimately enhance the customer experience.”
Nigel Brookes, director of second charge sales and distribution (mortgages) at Tandem, added: “Tandem is starting the new year on a strong note, and our partnership with Sikoia underscores this commitment.
“This partnership reflects our dedication to driving innovation and setting new benchmarks for efficiency and customer satisfaction for second charges.”
