Pennsylvania-based Inspire Federal Credit Union has now implemented Nymbus’ core, internet banking, mobile banking and payment solutions.
15 technology vendors have been eliminated
This follows on from July 2018 when Inspire FCU (formerly Bucks First FCU), a 15,000-member financial institution founded in 1936, revealed it was making the move to Nymbus.
At that time, president and CEO of Inspire FCU, Jim Merrill, said: “Inspire will eliminate 15 technology vendors after we convert to Nymbus.”
Nymbus says its digital-first product suite allows Inspire to “unify all the required banking functions into one solution, enabling a multi-channel member experience, while automating and simplifying back-end processes and workflows for its employees”.
Inspire is using Nymbus’ full suite of solutions including SmartCore, a core banking platform; and SmartDigital; its internet and mobile banking suite.
In addition, it has SmartPayments, which will manage the authorisations and transactions for Inspire’s debit card programme while providing real-time fraud protection.
In other news, last year Texas-based TransPecos Bank turned to Nymbus for the launch of a standalone digital banking brand – BankMD – that focuses on medical professionals.
The operations of BankMD will be outsourced to Nymbus via its SmartLaunch platform.