Beem Credit Union teams up with VeriPark to elevate digital banking capabilities

  • Partnership Announcement: Beem Credit Union, a newly launched Canadian credit union, has partnered with UK-based software developer VeriPark to upgrade its digital capabilities.
  • Digital Transformation Objectives: The collaboration aims to position Beem Credit Union as the leading “people-first, digital-first” credit union in British Columbia, focusing on enhancing the digital experience for its members.
  • Statement from Beem Credit Union CEO: Brian Harris, president and CEO of Beem Credit Union, emphasizes the responsibility to deliver a digital experience that supports members’ personal financial wellness goals.
  • VeriPark’s Offerings: VeriPark, founded in 1998, provides financial institutions with products to enhance retention, cross-selling, and customer acquisition, including branch automation, loan origination, and customer engagement solutions.
  • Intelligent Member Experience Suite: VeriPark’s Intelligent Member Experience suite, built on Microsoft Dynamics and Azure, is highlighted as enabling credit unions like Beem Credit Union to prioritize member experience in their digital transformation efforts.
  • Beem Credit Union Background: Launched on January 1st, Beem Credit Union is a partnership between Gulf & Fraser and Interior Savings, serving over 160,000 members with approximately $10 billion in total assets under administration.
  • Appointment of Chief Innovation Officer: Beem Credit Union recently appointed Sue Britton as its new chief innovation officer, bringing experience from her previous role as CEO and founder of Firefly Growth, a fintech consultancy service.
Laura M
Laura M
Laura is a financial reporter, editor, and researcher with a particular interest in fintech innovation, capital markets, and the evolving global banking landscape.

You May Also Like

Cab Payments Strengthens Case Against Helios Blocking Takeover Bid

Cab Payments contests Helios Investment's actions regarding merger talks.Highlights: Cab Payments accuses Helios of blocking a crucial takeover...

Ex-Stripe Team Secures $75 Million to Boost Operations Platform

Funding aims to enhance operations for businesses in various sectors.Highlights: Ex-Stripe founders raise $75 million for operations platform.The...

Government Advances Reforms to Secure UK Payments Sector

New initiatives aim to enhance the resilience and efficiency of the payments landscape.Highlights: UK government proposes new reforms...

WealthCom Secures $65M Funding Boost for Expansion

The investment aims to enhance service offerings and accelerate growth.Highlights: WealthCom raises $65 million in Series B funding.New...