Software integration standards live at Baxter Credit Union in Illinois.
CO-OP Financial Services has bought a stake in Finivation, a New York City software developer with a long history in the credit union space.
Merger approved last November, made official on Dec. 31. Data integration completed over weekend earlier this month.
The effort to create a new technology standard for integrating credit union-specific software has marked a number of milestones since it was launched by members of the CUNA Technology Council.
This preview from next week's print edition looks at the work on new integrating standards for credit union-specific software.
Two-thirds of advisers say technology mostly beneficial to their firms; 61% say would be easier to manage if systems were better integrated.