Sunday, December 22, 2024

OUCU Financial Credit Union to migrate to Tyfone’s nFinia digital banking platform

OUCU Financial Credit Union Migrates to Tyfone’s nFinia Platform:

  • Credit Union Overview:
    • Name: OUCU Financial Credit Union
    • Location: Ohio, USA
    • Assets: $483 million
    • Members: 26,000
  • Platform Selection:
    • New Platform: Tyfone’s nFinia digital banking platform
    • Purpose: To future-proof operations in digital banking, payments, and member engagement
  • Platform Features:
    • Description: Scalable and configurable omnichannel platform
    • Infrastructure: Configurable, open, API-driven
    • Integration: Supports over 150 third-party retail and business applications
  • Additional Solutions:
    • Loan Payment Deferral: Skip-a-Pay
    • Loan Repayment Solution: Quick Pay
    • Benefits: Provides financial relief and added convenience for members
  • Executive Statement:
    • Jean Blair, VP of Information Technology at OUCU Financial:
      • Decision Rationale: Migration to Tyfone’s platform was an obvious choice
      • Benefits: Delivers solutions that meet member expectations and improves financial lives in the community
  • Corporate Background:
    • Merger: Tyfone merged with Cubus Solutions in April 2023
    • Investment: Secured significant investment from Demopolis Equity Partners to accelerate nFinia adoption

This migration marks the first Cubus One digital banking customer to transition to Tyfone’s platform following the merger.

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