Canadian Core Processor, Phone Giant Partner on Service Bureau Offer
VANCOUVER, B.C. - Fincentric, a provider of core retail banking solutions, has joined with TELUS, the telecommunications giant, to offer Canadian credit unions of any size the core processing solutions in a service bureau setting. "With Bank by Wire, we are combining our partner's proven self-serve banking technology with TELUS' IT and telecommunications services, giving us the flexibility to tailor solutions to meet the needs of individual credit unions. It is cost-effective, simple, and functionally rich," says Luc Vilandr, vice president of TELUS National Application Solutions. Related services, including consulting and network and risk management, also are included in the partnership. "We recognized that a great number of credit unions were underserved by the three largest outsource providers," says Alice Laberge, president and chief executive officer of Fincentric (www.fincentric.com). "By utilizing Wealthview Banking and other state-of-the-art technologies on a managed-service basis, all credit unions regardless of size are better able to differentiate themselves and realize their strategic business goals." The new offering extends a six-year relationship between Fincentric and TELUS (www.telus.com), Canada's second-largest telecommunications company, the companies say.