New Technology Partnerships Digitize CU Business Services and Credit Offerings

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CUSO Business Services CU Business Group Portland, Oregon announced this week that it will begin channeling its network of 600 credit unions towards payments, digital, lending and financial performance solutions from financial services software-as-a-service provider Jack Henry & Associates.

According to the announcement, the referral partnership will link CUBG credit partner credit unions with tools that can help them expand their business relationships with members, including digital credit creation and management, payment solutions, money transfer solutions, digital banking, and business website designs.

“CUBG’s mission is to help credit unions better serve their business members, large and small. “Jack Henry offers a great set of products to help support this mission,” Larry Middleman, President and Founder of CUBG, said in a press release.

Jack Henry, President of ProfitStars, Monett, Missouri, Matt Riley, added: “These solutions are increasingly in demand as more credit unions seek additional ways to build relationships with their newly conquered business members. Our relationship with CUBG will bring a range of solutions designed to help credit unions maintain and attract new relationships, as well as improve performance and position them for growth. We are proud to offer our proven solutions to the growing CUBG network of credit unions. ”

Meanwhile, a credit technology provider Origence, CUSO CU Direct, a lending brand in the Los Angeles area, has partnered with CuneXus, Santa Rosa, California, provider of an automated consumer lending platform for credit unions and local banks.

Through the partnership, more than 1,100 credit unions using Origence’s indirect lending solutions will be able to use the CuneXus Integrated Digital Credit Showcase, which presents potential borrowers with personalized, pre-approved loan offers that eliminate the loan application process and can be activated in about 10 days. seconds, according to Wednesday’s announcement.

The CuneXus platform continuously analyzes data to provide participants with loan offers from its credit union in a timely manner, allowing the credit union to remain the focus of attention when a member seeks a loan, the company said.

“This digital storefront is changing the way credit unions can provide financial support to their members,” said Alex Bogoeski, vice president of strategic alliances at Origence. “Every time members log in, they instantly receive a clear and personalized loan offer. Our partnership with CuneXus provides credit unions with a timely opportunity to implement a dynamic digital experience that further simplifies the lending process as member spending returns to normal post-pandemic rates. We are delighted to partner with CuneXus to provide this service to our credit unions. ”

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