Many credit unions recently completed or signed for core system conversions, upgrades or renewals, or other major tech upgrades. Here is a look at some of the latest reported technology moves.
The $430 million, Mountain Home, Idaho-based Pioneer Federal Credit Union will implement mobile video banking with the Salt Lake City-based BankOn Mobile Video. The credit union plans to leverage video across all channels – mobile, web and in the branch. BankOn Mobile Video allows members to conduct most banking needs from personal mobile devices. Members can initiate calls through a branded app or web portal.
The Louisville, Ky.-based BSG Financial Group added the $188 million Holyoke (Mass.) Credit Union as the first customer of its CoreCD, which helps price and sell time deposits. The CoreCD system consists of a suite of services, training and products, ranging from simple tools implemented in a matter of days to a full suite of state-of-the-art pricing analytics and sales processes.
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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.).
