The Union Bank Company selects Candescent’s digital banking platform
The Union Bank Company, a US-based community bank with $1.2 billion in assets, has partnered with Candescent to enhance its digital banking experience for retail and business customers.
The Union Bank Company partners Candescent for its banking platform
Candescent was formerly the digital banking business of NCR Voyix, but was rebranded upon the unit’s $2.45 billion acquisition by Veritas Capital, completed in September.
Through the partnership, Union will implement Candescent’s digital banking platform, which features API-based microservices architecture alongside “hundreds of integrated digital banking features and functions”, according to the vendor’s website.
These include card management and financial wellness tools for consumers, automated accounting and real-time reporting functions for businesses, and data analytics, marketing and administration services for banks.
Candescent states that the platform will enable Union to “effectively reach out to and engage with customers”, while also benefitting from “back-end productivity and efficiency improvements”, and the CallSign authentication service.
Operating as a subsidiary of United Bancshares, Union serves Northwest and Central Ohio with a full range of banking services, including credit cards, agricultural loans, savings accounts, and treasury and wealth management options, and now joins over 1,300 banks and credit unions in leveraging Candescent’s platform.
