Mambu to power Canada’s Brunswick Credit Union amid MV Solar UK launch

Brunswick Credit Union Transition: Brunswick Credit Union is transitioning to the Mambu cloud banking platform ahead of the end of life of its legacy core system next year. The SaaS offering will power the credit union’s checking and savings accounts, mortgages, and other lending functions for both retail and business members.
League Data Partnership: The implementation of the Mambu platform for Brunswick Credit Union is being maintained by League Data, a CIO and technology partner for credit unions in Canada’s Atlantic provinces.
Mambu’s International Penetration: For Mambu, headquartered in Amsterdam, the deal with Brunswick Credit Union signifies its continued penetration of its core banking solutions internationally.
Mutual Vision Partnership: Mambu also partners with Mutual Vision, a technology provider for banks and building societies in the UK, to create and deploy financial offerings with flexibility. Mutual Vision’s latest application of Mambu’s platform is the unveiling of MV Solar, a digital banking platform for small to midsize lenders.
MV Solar Features: MV Solar, described as a “bank-in-a-box,” provides tools for loan origination, underwriting, servicing, savings origination, management of arrears, workflows, payments, regulatory reporting, and online services. It leverages Mambu’s lending technology for loans, savings, and current account records, along with interest rate calculation routines.