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Summer Brings Fintech Advances & New CU Solutions

"This is an exciting time" in the credit union space as more collaboration and tech advances occur.

credit union fintech solutions Fintech advances for credit unions. (Image: Shutterstock).

A rundown of some recent credit union financial technology announcements focuses on core platform changes, a strategic innovation group, an automated lending solution and a collaborative analytics ecosystem.

Jack Henry, a major provider of tech solutions and payment processing services, ended its 2019 fiscal year with 57 new financial institutions choosing to move to one of its core platforms. Nineteen of them were credit unions making a commitment to Symitar’s Episys. The community financial institutions range in size from $64 million to $9.6 billion in assets; six de novo banks also selected Jack Henry as their core platform provider.

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Roy Urrico

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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