OUCU Financial Credit Union to migrate to Tyfone’s nFinia digital banking platform
OUCU Financial Credit Union in the USA has become the first Cubus One digital banking customer to migrate to Tyfone’s nFinia digital banking platform following Tyfone’s merger with Cubus Solutions last year.
The $483 million-asset credit union, which provides business and consumer banking services to 26,000 members throughout Ohio, has selected the platform to “future-proof” its operations in digital banking, payments and member engagement, according to the vendor.
Digital banking services provider Tyfone describes nFinia as “a scalable and configurable omnichannel platform”, complete with “configurable, open, API-driven infrastructure” that will enable its latest taker to meet the specific demands of its members with the ability to integrate over 150 third-party retail and business applications.
At the same time, the credit union is also making use of Tyfone’s loan payment deferral solution Skip-a-Pay as well as its loan repayment solution Quick Pay to provide members with “financial relief and added convenience”.
Jean Blair, VP of information technology at OUCU Financial, says the “decision to go with Tyfone is a no-brainer”, adding the migration to Tyfone’s platform “enables us to deliver the solutions that our members expect and make a difference in the financial lives within the community we serve”.
Tyfone merged with fellow digital banking services provider Cubus Solutions in April 2023, forming a combined entity operating under the Tyfone brand. At the same time, the company also secured a significant investment from Demopolis Equity Partners in a bid to accelerate the adoption of its nFinia solution.