Core Processor, Mobile Banking Conversions Set
Several credit unions announced they are changing core processors or online and mobile banking providers, and one is going first in its region with mobile photo credit card account switching. The $251 million Nymeo Federal Credit Union in Frederick, Md., will be converting to the XP2 core processing system from Fiserv Inc., the Wisconsin-based vendor said. Nymeo also will convert to Corillian Online for online banking and use the Mobiliti for mobile banking, Popmoney for person-to-person payments and CheckFree RXP bill pay solutions from Fiserv, the company said.
According to data from Callahan & Associates, Nymeo currently runs on Fiserv's DataSafe platform through United Solutions Co. and uses DataSafe home banking and PSCU bill pay services. Improved integration and elimination of third-party solutions were cited in the announcement from Fiserv.