Technology providers announced new partnerships with credit unions on the first full day of Money 20/20 in Las Vegas.
Brookfield, Wis.-based financial technology solutions provider Fiserv, Inc. announced that multiple financial institutions, including $15-billion Tukwila, Wash.-based BECU, have committed to join Scottsdale, Ariz. Early Warning's Zelle Network through an alliance. Rancho Cucamonga, Calif.-based CO-OP Financial Services also announced a strategic partnership with Early Warning to offer credit unions access to the Zelle Network, a financial institution-led U.S. digital payments, which enables participating credit unions member to send money to anyone with a U.S. bank or credit union account.
"Our members turn to us for simple and relevant payment options," said Doug Marshall, SVP of retail at BECU, one of the nation's largest credit unions. "Almost a decade ago, BECU was one of the first financial institutions to provide person-to-person payments with Fiserv. We're looking forward to expanding on that relationship and providing a real-time payment solution through Zelle in the near future."
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Roy Urrico
Roy W. Urrico specializes in articles about financial technology and services for Credit Union Times, as well as ghostwriting, copywriting, and case studies. Also: writer/editor of a semi-annual newsletter for Association for Financial Technology since 1997 and history projects funded by the U.S Interior Department, National Park Service and Warren County (N.Y.).
