Clutch Says Its AI Platform Now Serves 30 Million Credit Union Members
Clutch announced in a press release that credit unions using its AI platform now serve 30 million members. The company said this equals about one in five credit union members in the United States.
Clutch said six of the ten largest credit unions in the country are partners. The San Francisco company builds AI and software tools for credit unions.
The company said its software business is doubling year over year, while its AI business is growing 450% year over year. Clutch said more credit unions are buying AI first rather than adding it to broader software modernization work.
Clutch said its agents can handle member tasks such as application follow up, stipulation explanations, reminder calls, and identifying members who may be close to falling behind.
We hope you enjoyed this article
Consider subscribing to one of our newsletters like Finance AI Weekly, Sales & Marketing AI Weekly or Daily AI Brief.
Also, consider following us on social media:
More from Finance
Oct 16 Intuit Agrees to Acquire AI Billing Startup Sequence for Reported $200 Million Oct 16 Matters Raises $5 Million to Build AI Consumer Bank Oct 16 HKMA Introduces ART Framework for AI Use in Banking Oct 15 Moomoo Adds AI Assistants to Global Paper Trading Contest Oct 15 Financial Stability Board Publishes 12 AI Practices for Financial FirmsFinance AI Weekly
Weekly newsletter about AI in finance. Covers AI-driven trading, fintech innovations, and data analytics transforming markets
Industry analysis
2025 Global Business Services Agenda: Gen AI Takes Center Stage
This industry analysis by The Hackett Group explores the transformative impact of generative artificial intelligence (Gen AI) on global business services (GBS) in 2025. The study highlights the shift from exploration to acceleration of Gen AI initiatives, with 89% of executives advancing these projects to improve customer satisfaction, innovate products, and reduce costs. The report also discusses the challenges and strategies for successful Gen AI adoption, emphasizing the need for a technology-enabled operating model and the importance of reskilling the workforce.
Read moreYou may also like
Small Banks Lead Peers in AI Readiness but Struggle to Scale
Bank Marketers Use Generative AI but Rarely Deploy AI Agents
Dun & Bradstreet Adds AI Credit Analysis Tools to Finance Analytics
Ant International Adds AI Agents Across Financial Services
Huble survey finds 70% of HubSpot customers plan to raise AI spending
Daily AI Brief: the AI news that matters, in your inbox.