Beanstalk, Fiserv Form Alliance

Beanstalk Networks, West Palm Beach, Fla., has announced the formation of a strategic alliance with Fiserv Lending Solutions, Lake Mary, Fla., to integrate OpenClose MTG (from Beanstalk's mortgage technology division) with Fiserv loan origination and processing software to automate lenders' wholesale operations.The integration will enable the exchange of new application data and the communication of loan status between OpenClose Wholesale MTG and UniFi PRO Mortgage eX. It will also provide for future integration with Fiserv easyLender, Beanstalk said. The agreement supplants a previous Fiserv alliance with the now-defunct OpenClose platform, for which the technology is now licensed by Beanstalk.