Fargo, ND – Gate City Bank, a leading regional financial institution with locations across North Dakota and Minnesota, has announced a strategic partnership with Lama AI, an award-winning provider of GenAI-powered loan origination solutions. This collaboration will enable Gate City Bank to enhance its business banking operations by integrating Lama AI’s advanced technology, providing a seamless borrower experience and unlocking significant growth potential for its business customers.
Through this partnership, Gate City Bank will leverage Lama AI’s full suite of business banking capabilities to drive efficiency, speed, and customer satisfaction in business lending. The implementation of Lama AI’s cutting-edge platform will optimize turnaround times, improve credit access, and enhance risk management while ensuring a customer-first approach.
Ryan Goellner, EVP of Technology and Project Management at Gate City Bank, emphasized the importance of innovation in their business lending strategy: “Our partnership with Lama AI demonstrates our commitment to redefining business lending with innovative, customer-focused solutions. Lama AI’s platform offers rapid configurability, intuitive design, and exceptional support, empowering us to meet the evolving needs of our customers while maintaining a strong focus on risk analysis and compliance.”
Omri Yacubovich, CEO & Co-Founder of Lama AI, highlighted the transformative nature of the partnership: “Gate City Bank’s adoption of our GenAI-powered lending platform signifies a shift away from legacy systems. Together, we are building a more intelligent, agile, and customer-centric lending experience that aligns with the rapidly changing landscape of business banking.”
This partnership positions Gate City Bank at the forefront of financial technology innovation, equipping them with the tools needed to drive growth, deliver faster credit access, and offer a more intelligent approach to business lending.
For more information on the partnership and how it will impact business lending, please visit Gate City Bank’s official website.
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