Mortgage software provider Finastra is now integrated with Halcyon, thus enabling seamless digital management of IRS Form 8821 authorizations within Finastra’s Mortgagebot solution.
The integration provides lenders with a faster, more secure way to retrieve and manage tax transcript data for income verification.
“Financial institutions are under growing pressure to verify income quickly and compliantly while delivering a seamless digital experience,” says Mary Kay Theriault, senior director, product management at Finastra. “By integrating Halcyon’s 8821 tax transcript solution into our partner ecosystem, we’re giving our customers a faster, more secure alternative to traditional verification methods that helps accelerate time to close.”
Halcyon’s 8821 product supports a wide range of use cases across mortgage, personal, and business lending, offering flexible borrower onboarding and real-time authorization tracking.
The integration ensures that tax data is retrieved securely and presented directly within Finastra’s platform, eliminating the need for borrowers to manually upload documents.
“Our goal is to simplify income verification through automation and secure data access,” says Kirk Donaldson, CEO of Halcyon. “Integrating with Finastra brings that efficiency and compliance to the heart of the lending process, helping financial institutions reduce friction and close loans faster.”
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