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January 19, 2022
Finance Technologies

US core banking vendor Nymbus sets up new business for credit unions

Nymbus, a US-based core banking vendor, has set up a new business to provide financial services to its credit union customers and their members. Called a credit union service organisation (CUSO), the new entity – dubbed Nymbus CUSO – will focus on connecting credit unions with fintech offerings. “Credit unions have an immediate opportunity to leverage niche digital banking approaches” The core banking provider hopes the CUSO will generate new revenue streams for those credit unions under pressure to innovate and compete with digital disruptors. John Janclaes, Partners Federal Credit Union’s former president and CEO, will lead the new venture.…
US core banking vendor Nymbus sets up new business for credit unions

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