Eight US credit unions to move to FLEX core banking tech in 2018
US-based core processor FLEX also finished 2017 with the conversion of eight credit unions onto its tech.
Credit Union
nCino brings its Bank Operating System to world’s largest credit union
US-based Navy Federal Credit Union (NFCU) opts for nCino’s Bank Operating System.
Motor City Community Credit Union in core banking tech revamp with Fiserv and Celero
Motor City Community Credit Union (MCCCU) will migrate to Fiserv’s DNA core banking platform.
Son of a nutcracker: credit union leadership lessons from Buddy the Elf
Walk with me through the seven levels of the Candy Cane forest, through the sea of swirly-twirly gum drops.
Two more US credit unions join Fiserv in tech revamp
Illinois Educators Credit Union and Members Financial select Fiserv for their tech overhauls.
Best Innovation Group brings Enrichment to credit union with Amazon Alexa
Enrichment FCU has rolled out Best Innovation Group’s financial interaction voice experience Amazon Alexa skill.
Five US credit unions in core tech revamp with Fiserv’s DNA
Five credit unions in the US have opted to implement Fiserv’s DNA core processing platform.
Fintech funding round-up: 30 November 2017
Quickly following on from Tuesday’s (28 November) funding round-up, here are more stories from a cash-drenched world. Features 1QB Information Technologies, FinTecSystems, Betalo, Nordea and Constellation Digital Partners. 1QB Information Technologies (1QBit), a quantum computing firm based in Vancouver, has closed a CA$45 million ($34.9 million) Series B round comprising equity and revenue contracts. This […]
SmartSolution gains first core banking tech client in Central America, Blue Creek Credit Union
Blue Creek Credit Union (BCCU) in Belize is implementing a new core processing system, Universa, supplied by Canadian banking tech vendor SmartSolution.
Integris Credit Union in core banking tech revamp with Validata
Canada-based Integris Credit Union has deployed Validata’s suite of products to support its transition to Temenos’ T24 core banking system.
Co-op Money NZ wins credit union legal fight
Co-op Money NZ, the industry body for credit unions and mutual building societies in New Zealand, has won its legal fight to continue providing wholesale banking. The organisation has successfully appealed against the decision of the Registrar of Friendly Societies and Credit Unions. By way of recap, earlier this year, a former Co-op member, Westforce […]
Co-op Money NZ moves credit union members to new core banking system, Flexcube
Another member of Co-op Money NZ, the industry body for New Zealand’s credit unions and mutual building societies, is due to go live with a new core banking platform, Oracle FSS’s Flexcube.
Credit union consortium CULedger opts for Swirlds to build blockchain platform
CULedger, a US-based credit union consortium formed by the Credit Union National Association (CUNA) and the Mountain West Credit Union Association (MWCUA), has selected Swirlds’ hashgraph technology as a key component of its permissioned, distributed, shared ledger platform for credit unions.
Clinc teams with Enacomm to bring AI chatbots to small banks and credit unions
Artificial intelligence (AI) fintech start-up Clinc is making its chatbot Finie more widely available through a new partnership with Enacomm.
NEFCU launches Google Home banking app with Conversation.one
Nassau Educators Federal Credit Union (NEFCU), a 200,000-member institution in Long Island, US, has launched its Google Home Action and Google Assistant app. The solution is based on the Conversation.one platform.
Three US credit unions added to Finastra client list
Three credit unions in the US have signed for the lending software from Finastra (formerly D+H Corporation and Misys). These are Central Florida Educators Federal Credit Union, TruMark Financial Credit Union and Evansville Teachers Federal Credit Union.
Amplify Credit Union to swap legacy core processing tech for Fiserv DNA
Amplify Credit Union is converting from its legacy core processing software provider to Fiserv and its DNA platform. DNA will become the credit union’s “new foundation for its member-centric technology strategy”, Fiserv says.
New deals and go-live for Corelation’s Keystone core banking system
Western Vista, a credit union in the US state of Wyoming, has converted from its legacy tech to a new core processing platform, Keystone. The system is supplied by domestic vendor Corelation.
Top fintech stories this week – 8 September 2017
Catch up on Banking Technology’s top five fintech stories of the week – all in one place!
Three US credit unions move to Fiserv’s Portico core software
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.
Fern Software launches first of its kind API offering
Core banking software provider Fern Software has opened its Abacus HUB Cloud platform to third parties in the UK and Ireland.
Abcul halts credit union migration to new core platform
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 takes Temenos’ Lifecycle Management Suite to the cloud
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 […]
Guatemalan co-operative network selects Temenos core banking platform
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 […]
Mountain America CU chooses digital banking platform from Alkami
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 goes live on Oracle FSS Flexcube core banking system
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 outsources core processing to Fiserv DNA
SEFCU, a top-50 credit union in the US, is modernising its core processing software with Fiserv.
Public Service Credit Union completes Malauzai digital banking tech roll-out
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 converts to Corelation’s Keystone core
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 Connecticut credit unions unite on FLEX core banking tech
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.
Mortgage tech provider PCLender acquired by Fiserv
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 is Open Anywhere to omnichannel onboarding
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.
Fintech funding round-up: 25 July 2017
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 […]
Pennsylvania State Employees CU ditches Symitar core banking system for Corelation’s Keystone
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.
Diamond Credit Union “humanises relationships” with video banking service
Pennsylvania-based Diamond Credit Union has implemented Vidyo’s technology “to unite its community and employees remotely through face-to-face video collaboration”.
Urban FT buys iParse to speed mobile app onboarding for FIs
Mobile banking technology firm Urban FT has completed its acquisition of iParse LLC
Financial Resources FCU revamps online mortgage tech with Roostify
Financial Resources Federal Credit Union in the US state of New Jersey has implemented Roostify’s mortgage technology platform.
Wellspring Credit Union converts to FLEX core system
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 to launch video-only branches with Vidyo
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 Credit Union to save $100,000 per year with core tech conversion
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.
