Fuse Launches On-Demand Loan Underwriting Service
The service provides credit unions with AI-supported, U.S.-based loan underwriting during evenings and weekends.
Updated on Oct. 20, 2026 in Financial Services
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Fintech company Fuse has introduced an on-demand, U.S.-based loan underwriting service designed to help credit unions compete with 24/7 lenders. The platform leverages AI to process loans during off-peak hours and weekends without requiring credit unions to migrate their existing systems.
Why it matters
Credit unions frequently lose business to fintech lenders that offer faster, off-hours responses. This new service allows institutions to maintain responsiveness without the added expense of hiring staff to cover idle or low-volume hours.
Fuse currently serves over 100 financial institutions with a combined $600 billion in assets, operating on a pay-per-loan model that costs half as much as in-house underwriting. The company is supported by $25 million in total investment capital.
The players
Fuse
A New York-based fintech company that provides automated lending and underwriting solutions to financial institutions.
FIS
A global provider of financial services technology and software solutions for banks and credit unions.
Navatros
A financial technology partner that provides strategic support and software integration for modern lending institutions.
The details
The service integrates directly into current credit union systems and adheres to the specific credit policies defined by each institution. Fuse further guarantees loan decisions that fall outside of these pre-set credit policies, and onboarding typically allows for autonomous underwriting within three weeks.
Timeline
June 2026: FIS announced a strategic alliance with Fuse.
August 2026: Navatros selected Fuse as a lending technology partner.
September 8, 2026: Fuse increased its Credit Union Rescue Fund to $10 million.
October 20, 2026: Fuse launched the On-Demand U.S. Loan Underwriters service.
Market Landscape
As fintech lenders have surged from a 5% to 40% market share in five years, traditional credit unions face intense pressure to modernize. This move positions Fuse as a critical infrastructure partner, enabling smaller institutions to counter the technological dominance of agile digital competitors.
Credit union members may experience faster loan approval times during evenings and weekends as institutions adopt this automated service. For existing customers, this change aims to reduce wait times for credit decisions without altering current banking interfaces.
The takeaway
The rapid growth of fintech lending has forced a digital evolution among traditional credit unions. By adopting AI-driven underwriting, these institutions can retain market competitiveness while significantly reducing overhead costs.
Further reading
For more on industry shifts, explore the Financial Services section.
More information
To learn more or explore options for your institution, visit the Fuse website to request a pilot.
Source note: This article includes information reported by American Banker.
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