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It’s all about instant money transfers. And elimination of credit card processing fees. That is the double-barreled reason the $2.2 billion Veridian Credit Union in Waterloo, Iowa has now adopted the FiSync payments platform from Des Moines-headquartered Dwolla, said Veridian executive Eric Kinman, manager of marketing.

“We are rolling this out to our 167,000 members,” said Kinman who acknowledged that Veridian had recently investigated multiple person-to-person payments technologies but it had decided to adopt Dwolla, a company that is supported by Des Moines-based The Members Group, which specializes in payments and card processing technologies.

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