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Gate City Bank

Gate City Bank Selects Lama AI to Transform Business Lending with GenAI

Gate City Bank, the leading regional financial institution with locations across North Dakota and Minnesota, announced its partnership with Lama AI, an award-winning provider of GenAI-powered loan origination solutions. By implementing Lama AI’s full suite of business banking capabilities, Gate City Bank will leverage cutting-edge technology to elevate business lending operations, delivering a seamless borrower experience and unlocking growth potential for business customers.

In partnering with Lama AI, Gate City Bank will continue to drive transformative improvements by harnessing innovative tools to optimize turnaround times and deliver exceptional value. As a result, Gate City Bank will continue to prioritize servicing customers and driving strategic initiatives, while business clients can expect quicker and more convenient access to credit.

“Our partnership with Lama AI demonstrates our commitment to redefining business lending with innovative, customer-focused solutions,” said Ryan Goellner, EVP of Technology and Project Management at Gate City Bank. “With its advanced features, rapid configurability, intuitive design and exceptional support, partnering with Lama AI empowers us to work with greater precision and agility, ensuring we can meet the evolving needs of our customers while maintaining a strong focus on risk analysis and compliance.”

“Gate City Bank’s adoption of our GenAI-powered lending platform confirms that financial institutions are ready to move beyond legacy systems,” said Omri Yacubovich, CEO & Co-Founder of Lama AI. “Our partnership is about more than just efficiency—it’s about redefining what’s possible. Together, we’re building a more intelligent, agile, and customer-centric lending experience that keeps pace with the changing landscape of business banking.”

Financial Technology Insights: 10x Banking and DLT Apps enable banks to manage complex data migrations with confidence and speed, driven by AI

To share your insights with the FinTech Newsroom, please write to us at news@intentamplify.com

Source: prnewswire

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