Algebrik AI and Carleton now are working together to boost compliance efforts by their clients.

The companies announced a strategic partnership last week integrates Carleton’s payment calculation APIs into Algebrik’s loan origination platform in an effort to set a new standard for accuracy, compliance, and operational efficiency in consumer lending.

Through this partnership, Algebrik AI will leverage the CarletonCalcs loan origination and compliance APIs to deliver:

—Accurate loan calculations: Precise disclosure values, payment calculations, and credit insurance support tailored to diverse lending products.

—Compliance at scale: Real-time validation of loans against state and federal regulations, a critical feature for indirect and direct consumer lending.

—Expanded product support: Seamless handling of loans across credit cards, home equity lines, auto loans, and more.

“Partnering with Carleton strengthens our ability to deliver a precise, compliant, and seamless experience for lenders,” Algebrik AI founder and CEO Pankaj Jain said. “With Carleton’s advanced calculation and compliance capabilities embedded in Algebrik AI’s LOS, it is already fulfilling on its mission to deliver a unified lending platform to streamline processes across all stages of loan origination.”

Carleton president and chief operating officer Matt Ruszkowski added, “Our partnership with Algebrik highlights the importance of accurate and compliant payment calculations in today’s financial landscape. Together, we’re empowering lenders with tools to increase efficiency and build trust from borrowers, thereby enhancing the lending journey.”