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While the credit union industry was already focused on ways to make its services more member friendly, more convenient and easier to use, the COVID-19 pandemic has accelerated that prioritization.
Case in point: Two partnerships were announced this week highlighting that desire for better digital banking solutions in the industry. First, Payrailz, a digital payments company, announced that it has entered into a reseller agreement with Tyfone, a provider of digital banking solutions. According to the release, through this partnership, Tyfone will be a reseller of Payrailz' products and offer the company's full digital payment services to Tyfone customers, which include a number of credit unions.
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Heather Nevitt
Heather D. Nevitt is the Editor-in-Chief of Corporate Counsel and Global Leaders in Law.
