VP Credit Union of Vancouver, British Columbia, has selected Acumen account processing solution from Fiserv Solutions of Canada, a subsidiary of Fiserv.
VP Credit Union selected Acumen to increase productivity and add functionality. VP is moving from an in-house core banking system to a service bureau with the implementation of Acumen.
Designed to support the business initiatives of market-leading credit unions, Acumen was built from the ground up as an open platform using the latest internet technologies. With unlimited scalability, real-time processing, global capabilities and 360-degree member views, Acumen delivers flexibility that credit unions cannot outgrow.
Larry Hill, general manager of VP Credit Union, said: “With the installation of Acumen, our credit union will be switching from an in-house core system to the Acumen service bureau environment. Increased legislative and regulatory requirements surrounding data privacy and data operations convinced us that our needs would be more fully met by outsourcing the IT operations, and we know that Fiserv will ensure the integrity of our data operations.”
Kevin Sparks, segment executive for the Acumen product line at Fiserv, said: “The growing list of Canadian credit unions choosing Acumen from Fiserv can only enhance the progressive credit union movement across Canada. We believe VP Credit Union’s selection is further proof that Acumen is the choice for credit unions seeking a long-term technology partner.”