OneAZ Credit Union to deploy Backbase’s Engagement Banking platform
OneAZ Credit Union has formed a strategic partnership with Dutch digital banking solutions provider Backbase to enhance its digital services.
OneAZ partners Backbase for digital transformation
The credit union plans to utilise Backbase’s Engagement Banking platform to expand “beyond financial service offerings”, incorporating real estate, insurance, and other lifestyle services to create a “one-stop shop” experience for its members.
The vendor claims its flagship offering integrates with over 10 existing core banking systems and provides tools for onboarding, loyalty, servicing and loan origination.
It adds that the software integration will enable OneAZ to unify its IT architecture on a single platform, enhance agility by connecting all applications and programmes, and provide greater control over future digital roll-outs.
Brandon Michaels, president and CEO of OneAZ, states that Backbase’s platform is primed to be the “backbone of our digital transformation”.
OneAZ, which operates 20 branches across Arizona in the USA, reports to manage over $3.4 billion in assets while servicing over 200,000 members and 12,000 business owners.
The credit union joins a growing network of 120 financial institutions globally utilising Backbase’s Engagement Banking solution, including Danske Bank, Malaysia’s Bank Muamalat, and MyState Bank in Australia.
