Expanding the fintech cloud for credit unions.

London, UK-based financial technology company Finastra has acquired Austin, Texas-based Malauzai, a provider of mobile and Internet banking solutions for community financial institutions.

The deal, according to Finastra, reflects its commitment to the U.S. retail and business banking sectors by further enabling digital transformation for community banks and credit unions.

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Roy Urrico

Roy W. Urrico specializes in articles about financial technology and services for Credit Union Times, as well as ghostwriting, copywriting, and case studies. Also: writer/editor of a semi-annual newsletter for Association for Financial Technology since 1997 and history projects funded by the U.S Interior Department, National Park Service and Warren County (N.Y.).

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