Meridianlink

Another new logo win from the quarter was a bank customer interested in MeridianLink entry opening and consumer products.

MeridianLink, Inc, a software and services company, provides software solutions for banks, credit unions, mortgage lenders, specialty lending providers, and consumer reporting agencies in the United States.

We're expecting the momentum from cross-selling mortgage lending into our depository base to maintain through 2023 and accelerated by the capabilities of the MeridianLink One.

Alphv accused MeridianLink of allegedly failing to publicly disclose what the gang called “a significant breach compromising customer data and operational information,” for which the gang took credit.

MeridianLink had a negative return on equity of 6.72% and a negative net margin of 13.86%.