Fiserv’s Portico core processing system has gained three new takers in the US: Montana Health Federal Credit Union, Port Conneaut Federal Credit Union and Southwest Oklahoma Federal Credit Union.
Core banking software provider Fern Software has opened its Abacus HUB Cloud platform to third parties in the UK and Ireland.
EXCLUSIVE: UK-based Association of British Credit Unions (Abcul) has suspended its plans to migrate its member credit unions onto its new tech platform, Banking Technology understands.
Baxter Credit Union (BCU) has become the first taker of Temenos’ Lifecycle Management Suite in the cloud. The Illinois-based credit union is now live with the system delivered in the Microsoft Azure cloud. The functionality includes collection, service and loan origination. The project, which was completed in four months, also incorporated an upgrade spanning four […]
Guatemala-based Federacion Nacional de Cooperativas de Ahorro y Credito (Fenacoac) has selected Temenos‘ RetailSuite core banking platform for its 25 co-operatives that operate under the brand Micoope. RetailSuite is the brand name for a variety of Temenos products, and includes the T24 core banking system and the business intelligence offering, Insight BI. Banking Technology understands […]
Utah-based Mountain America Credit Union (MACU), with $6.7 billion in assets, will deploy a new digital banking platform courtesy of Alkami Technology, reports Finovate (Banking Technology‘s sister company). The new platform will integrate with Mountain America CU’s existing core system and enable the 650,000 member institution to provide a variety of digital banking services including billpay and PFM. […]
Aotearoa Credit Union (ACU), a Māori financial institution in New Zealand, has implemented Oracle FSS’s Flexcube core banking system. ACU, started by the MUMA (Manukau Urban Māori Authority) 28 years ago, is the first Māori financial institution to launch a “tier one” banking platform for its 15,000 members. ACU branches are located in South Auckland […]
SEFCU, a top-50 credit union in the US, is modernising its core processing software with Fiserv.
Colorado-based Public Service Credit Union (PSCU), the state’s third largest credit union with more than $2.3 billion in assets, 28 branches and 219,00 members, has completed the roll-out of its new digital banking platform – powered by Malauzai Software.
Lower Valley Credit Union (LVCU), a small credit union in the US state of Washington, has gone live with new core banking software, Keystone from Corelation.
Two small credit unions in the US state of Connecticut – East Hartford Federal Credit Union and America’s First Network Credit Union – have implemented a centralised core banking platform as part of their merger.
Fiserv has acquired PCLender, a US-based provider of “simple, elegant, internet-based mortgage solutions for community banks, credit unions and mortgage bankers”.
Prospera CU, a 63,000-member credit union in British Columbia, Canada, has launched Open Anywhere, a real-time application processing across all of its digital and physical channels. The solution is provided by Central 1 Credit Union in partnership with Canadian tech heavyweight CGI.
Whether you call it dinero or dough, the fintech funding does flow! This latest round-up features Revolut, Constellation Digital Partners, Paytm, Mobiquest Mobile Technologies and Wesleyan Bank. Following on from the $66 million raised in a Series B round, UK-based payments start-up Revolut is looking for an additional £4 million in exchange for shares in […]
US-based core banking software vendor Corelation has inked a deal with its largest customer to date, Pennsylvania State Employees Credit Union (PSECU). The credit union will replace its legacy Symitar core processing platform with Corelation’s Keystone.
Pennsylvania-based Diamond Credit Union has implemented Vidyo’s technology “to unite its community and employees remotely through face-to-face video collaboration”.
Mobile banking technology firm Urban FT has completed its acquisition of iParse LLC
Financial Resources Federal Credit Union in the US state of New Jersey has implemented Roostify’s mortgage technology platform.
Wellspring Credit Union, a $48 million entity in the US state of Texas, has gone live with a new core processing system supplied by Utah-based tech developer FLEX.
Baxter Credit Union (BCU) is launching a network of unmanned, video-only branches this year, and will be using Vidyo’s cloud-based video collaboration technology.
SnoCope CU, a small credit union in the US state of Washington, is revamping its core processing technology with CUProdigy. The new cloud-based platform will replace Fiserv’s Galaxy solution.
Greater Wyoming Federal Credit Union has ditched its incumbent core software provider for Fiserv. The credit union has implemented Fiserv’s Portico core processing and digital banking system on a hosted basis.
Texas-based Lone Star Credit Union has become the 50th live site for the Keystone core processing system, supplied by Corelation.
Sandia Laboratory Federal Credit Union (SLFCU), the largest credit union in the US state of New Mexico, is modernising its front-to-back office technology with Alkami Technology and Corelation.
Minnesota-based Affinity Plus Federal Credit Union has selected Fiserv’s Architect platform for a digital banking overhaul. The credit union will use Architect to help its online and mobile customers in branches, over the phone, and through digital channels. Dave Larson, president and CEO, Affinity Plus Federal Credit Union, says Fiserv has “the size and expertise […]
California-based Redwood Credit Union (RCU) has launched a new mobile peer-to-peer payment solution, RCUPay. “RCU ends the IOU,” the credit union states.
A new law in New Zealand is being readied with plans to bring in more innovation and accountability to credit unions. Called the Friendly Societies and Credit Unions (Regulatory Improvements) Amendment Bill, the new legislation will update the law for credit unions and their associations. It has been read for the first time in Parliament. […]
Catch up on Banking Technology’s top five fintech stories of the week – all in one place!
California-based SafeAmerica Credit Union is building a new omnichannel banking platform with fintech start-up Bankjoy.
A new instant-issuance product from CPI Card Group promises faster card processing times along with higher resolution printing. Called Precision by Card@Once, the system is designed to improve security and the customer experience.
Argent Credit Union in the US state of Virginia has converted to a new core processing platform, Keystone from domestic software developer Corelation.
The Association of British Credit Unions (Abcul) says it is making progress with its Model Credit Union initiative, to modernise the tech and operations of its members. Three credit unions are now live with new core and mobile banking software.
Our Community Credit Union (OCCU), a $328 million institution in the US state of Washington, has selected BankBI’s financial and banking performance software.
Crosstown Civic Credit Union, a 31,000-member institution in Winnipeg, Canada, is modernising its digital banking delivery channels with Central 1 Credit Union. Crosstown Civic CU is implementing Central 1’s MemberDirect platform, provided on a hosted basis.
North Carolina-based Coastal Federal Credit Union and eight partners have unveiled Constellation Digital Partners – an organisation offering the “first and only” suite of digital financial services dedicated solely to credit unions. The creation of the firm and its platform is the result of a three-year long R&D effort, which culminated in the filing of […]
Delaware-based Dover Federal Credit Union has opted for the Episys core system for in-house processing from Jack Henry’s Symitar subsidiary. According to Symitar, Dover FCU’s chief innovation officer, Travis Frey, had encountered Episys at two prior credit unions, and was “confident in the flexibility and scalability of the system”. Frey says its core selection process […]
Pennsylvania-based AmeriChoice Federal Credit Union has launched a new online banking platform based on the Symmetry e-banking software from Wescom Resources Group (WRG).
“The first thing I do in the morning is brush my teeth and sharpen my tongue.” The acidic words of American writer Dorothy Parker. But sharp tongues will now come under the scrutiny of a new digital reputation management service. Be nice everyone and form a giant group hug. Geezeo Interactive, the marketing arm of […]
Two small credit unions in the US state of Maryland, Perry Point Federal Credit Union and Central Credit Union of Maryland (CCUMD) have merged.
Lehigh Valley Educators Credit Union has gone live with a new core processing platform, Keystone, supplied by Corelation. The Pennsylvania-based credit union stated its tech renovation project last year.
