Harland Financial Solutions said it signed 286 new Cavion self-service banking contracts throughout 2012, citing continuing growth in the Lake Mary, Fla., company’s hosted offerings.
The company said it now has more than 450 Cavion clients, about 60% of them credit unions. Among them, 45 are new users of the company’s Internet banking, 128 mobile banking, 75 voice banking and 76 bill pay, Harland Financial Solutions said.
Similar growth is being experienced in the company’s P2P offering it launched in late 2011. Sam Kilmer, Harland’s vice president of product development, said there were 100 clients on that platform at the end of last year and a couple hundred more are expected to sign on in 2013.
“Our mobile platforms numbers are at like a 50% growth rate while it’s more like 10% for online banking, which is still significant but expectable,” Kilmer told Credit Union Times. “And now we’re heading into an environment where we have to be prepared in the next two to three years for the concept of mobile payments to get real.”
In its press release, the company cited integration between its UltraData core platform and the new solutions as selling points.
For instance, the $177 million ABCO Credit Union in Rancocas, N.J., recently renewed its existing UltraData Enterprise contract while adding Internet, voice and mobile banking and remote deposit capture.
“The ability for a member to open a new account with us, then walk out the door and dial into Cavion voice banking or access Cavion Internet banking and see everything real time is slick. It makes things easier for our members and helps us service them more efficiently by empowering them to bank 24/7 on their terms,” said Christena Day Benson, executive vice president of operations at the 34,700-member ABCO CU.