fintech acquisition Source: Shutterstock.

Looking to leverage what it calls “state-of-the-art” payment services, Catalyst Corporate Federal Credit Union announced its acquisition of Aptys Solutions, a Norcross, Ga.-based company that offers technology to financial institutions for streamlining multi-channel payment systems.

Catalyst Corporate, a wholesale cooperative financial institution that serves more than 1,400 member and client credit unions nationwide, called the Aptys acquisition “forward-looking” in a news release. It added that Aptys’ technology provides customers with an enterprise-level solution that is designed to allow credit unions to reduce costs and automate processes. Catalyst Corporate has $3.56 billion in assets and is based in Plano, Texas.

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