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.
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

Experian Launches Credit Score App in ChatGPT, Enhancing Financial Access

New tool enables users to check credit scores effortlessly via ChatGPT.Highlights: Experian's app allows users to check credit...

US Senate Passes Bill Banning Issuance of CBDCs

Legislation aims to restrict the development of digital currencies by the Federal Reserve.Highlights: The US Senate approved a...

Truist Expands Open Banking Offerings with Plaid Partnership

Collaboration aims to enhance customer access to financial services.Highlights: Truist collaborates with Plaid for open banking expansion.The partnership...

UK’s National Fraud Database Reports 444,000 Fraud Cases in 2025

Cifas reveals a significant rise in reported fraud incidents across the UK.Highlights: Cifas reported 444,000 fraud cases in...