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Celero and Assiniboine Credit Union achieve key milestone in Celero Xpress™ readiness

Celero Xpress™ is one step closer to launch readiness, as Assiniboine Credit Union begins the second pilot phase of Celero’s new digital banking platform, which includes small business capabilities.

The Manitoba credit union has extended the use of the platform, which has a public website, online banking and mobile app capabilities, to more credit union staff to test additional retail features and experience the small business suite.

“Our initial testing with Celero Xpress has proven the stability of the platform and the intuitiveness of its many capabilities,” says Jennifer Mullen-Berube, Chief Brand & Innovation Officer at Assiniboine Credit Union, the first prairie credit union to use Celero Xpress.

“As we enter this next phase, we are excited to continue to expand our use of Celero Xpress to realize our vision for an innovative, intuitive and secure digital member experience, particularly for our small business members,” she adds.

Delivering advanced capabilities
To date, Celero has delivered the majority of the platform features into pilot, which includes a range of innovative features that will enable credit unions who choose Celero Xpress to thrive in an increasingly competitive industry.

From seamless account origination and payment management to unique small business features like delegate management and alerts, Celero Xpress delivers on the capabilities that were originally envisioned in collaboration with credit unions across Canada.

“Working closely with client-partners like Assiniboine has resulted in a platform that will successfully serve credit unions today – and in the future. We are thrilled to be nearing the completion of development journey of Celero Xpress, enabling our clients to move forward and achieve their digital transformation goals,” says Dean Rathwell, General Manager, Digital Banking at Celero.

More credit unions onboarding
While Assiniboine continues to broaden its pilot of Celero Xpress, more prairie credit unions prepare to begin their own pilot phases, with Synergy Credit Union in Saskatchewan in late July and Connect First Credit Union in Alberta onboarding in August.

These credit unions are part of a founding group that selected Celero Xpress; they will test additional features like mobile deposit capture and CRA business payments and will also be the first achieve complete implementations of the platform, which start in Fall 2020.

About Assiniboine Credit Union

The story begins in 1943. The Second World War had a significant impact on economies across the world — Manitoba included. People were struggling to pay their bills, banks were ignoring their pleas, and in an attempt to stay afloat, many Manitobans fell victim to high interest rates charged by money lenders.

It was then that Ed McAffrey and eight co-workers from the Winnipeg Electric Company formed Assiniboine Credit Union — an open bond credit union that everyone in the community was welcomed to join. Money deposited by members was lent to other members in need, making banking fair and available.

 

Today, ACU is a full-service financial co-operative with over $4.9 billion in assets. They have 14 branch locations in Winnipeg, two northern branches in Thompson and Gillam, and employ over 450 Manitobans.

To serve their members better, they continue to evolve, innovate and grow while staying true to their roots. Money doing more isn’t just a line that appears along with their logo. It’s the guiding statement that represents the way they do business, and conveys their ongoing commitment to improving the lives of people, bettering the planet and creating prosperity for all. They have helped over 126,000 members achieve their dreams over the last 75 years, and would like to help you achieve yours.

About Celero

Celero is a leading provider of digital technology and integration solutions to credit unions and financial institutions across Canada. Clients trust Celero’s proven track record delivering innovative banking technologies, digital and payment solutions, cloud computing, outsourcing, IT, and advisory services.

Celero offers reliability and security through its world-class hosted banking system and data centre operations. With key partnerships across the globe, Celero also brings the scale and extensive capabilities of multinational technology companies and the focused expertise of fintech startups. For more information, visit celero.ca.