Friday, 19 April 2024

Blend and Frost Bank extend partnership into mortgage, consumer banking and deposits

5 min read

13 October 2021 – Blend, a cloud banking software company, announced the expansion of its partnership with Frost Bank, a Texas-chartered bank based in San Antonio, to further the bank’s digital transformation strategy and deliver seamless customer experiences. Frost Bank first partnered with Blend on home equity loans and lines of credit, and will now carry the technology through to drive efficiency and simplify processes in its mortgage, consumer banking and deposits business lines. 

This expanded partnership will create consistent and streamlined customer experiences across all consumer banking products and services, and allow customers to set up seamless auto-payment options with deposit account openings on a single platform. Frost Bank will now also be able to provide a mortgage solution to their customers in a modern, digital way, allowing the bank to keep pace with customers’ technological expectations. As a result, loan officers will experience improved efficiency with a single digital portal from which they can operate, allowing them to spend more time providing informed guidance to their customers based on their individual financial situation.

News source: Businesswire

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