FirstOntario Credit Union has made a significant leap in its digital transformation journey by implementing Temenos Digital, a powerful front-end platform designed to elevate its online and mobile banking capabilities. This move follows the successful integration of Temenos Core Banking Solution in 2017, which replaced Fiserv’s Signature, streamlining operations and improving service delivery.
The new Temenos Digital solution will allow FirstOntario to offer personalized, 360-degree services to its members, leveraging a seamless integration between its front-end and back-end systems. This unified approach will reduce complexity and enhance operational efficiency, ultimately improving the experience for both consumers and small businesses.
As one of Canada’s largest credit unions, serving 133,000 members with $7 billion in assets, FirstOntario aims to continue leading the charge in financial innovation. The addition of Temenos Digital will further cement its position as a trusted partner in the fintech space, with CEO Lloyd Smith hailing the platform as an exciting step forward in their ongoing innovation journey.
The new platform will also benefit Saven Financial and Creative Arts Financial, both divisions of the credit union, as they transition to the modernized technology ecosystem.
This partnership demonstrates how FirstOntario is future-proofing its operations and solidifying its commitment to delivering advanced, member-centric banking services.
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