Monmouthshire Building Society has launched a new partnership with mortgage technology provider, MQube.

The society will adopt MQube’s AI-powered mortgage origination platform, Origo, as part of its strategic move to enhance service delivery and cut processing times.

The move comes as The Monmouthshire looks to continue its transformation journey. It said the Origo integration would help it to "stay agile in an evolving mortgage landscape".

MQube’s team is working closely with the society to tailor the platform to its needs, ensuring integration with its systems and processes.

Chief executive officer (CEO) at Monmouthshire Building Society, Will Carroll, said: "At Monmouthshire Building Society, we’re committed to using technology to deliver better outcomes for our members. Borrowers today expect not just great service but also speed and certainty and we’re determined to deliver on all fronts.

"Our partnership with MQube gives us access to cutting-edge technology that will help us simplify the mortgage journey while reducing costs and risk. It’s a key step in our ongoing journey to be a modern mutual that truly puts members first."

Founder and CEO at MQube, Stuart Cheetham, added: "We’re thrilled to welcome Monmouthshire Building Society to the Origo platform. As more lenders embrace AI and automation, it’s great to see a forward-thinking mutual leading the way.

"Origo is already powering faster mortgages at MPowered and we’re excited to help Monmouthshire bring those same benefits to their customers and brokers. We look forward to supporting them on their journey and continuing to help reshape the mortgage industry for the better."

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