Lumin says its tech will allow Commonwealth Credit Union members to benefit from “an always-on personalised digital banking experience”.
Commonwealth Credit Union, the largest financial cooperative in Kentucky, US, has selected digital banking solutions provider Lumin Digital to upgrade its digital banking capabilities.
The Lumin digital banking platform is a cloud-hosted solution supporting retail and commercial operations with tools for digital account opening, payments, mobile banking, risk management, workflow automation, marketing, and third-party integrations.
Lumin says its tech will allow Commonwealth Credit Union members to benefit from “an always-on personalised digital banking experience and regular feature updates without service disruptions”.
Commonwealth Credit Union currently serves around 130,000 members in the US, including businesses and students, with a wide-ranging offering spanning checking and savings accounts, credit cards, home and auto loans, wealth management, and insurance services.
Previous tech integrations include a long-term partnership with Jack Henry, noted by a commercial lending project in 2020, and Shastic, which extended its Intelligent Process Automation (IPA) platform to Commonwealth Credit Union in 2023.
Source: https://www.fintechfutures.com/
