Michigan-based Mahalo Banking introduced a partnership with Indiana-based Solidarity Group Federal Credit score Union (Solidarity CFCU).
The credit score union selected Mahalo’s expertise for its enhanced safety features and talent to combine with its core supplier, Corelation Keystone.
Mahalo Banking gained Better of Present in its Finovate debut at FinovateFall 2023 in New York.
Mahalo Banking, which gained Better of Present in its Finovate debut at FinovateFall 2023, has teamed up with Solidarity Group Federal Credit score Union (Solidarity CFCU).
Solidarity CFCU, headquartered in Kokomo, Indiana, selected Mahalo’s platform for its enhanced safety features and its capability to readily combine with its core supplier, Corelation Keystone. The credit score union additionally credited the platform’s intuitive design and streamlined processes, which, mixed with Mahalo’s proactive strategy to safety, align nicely with Solidarity CFCU’s dedication to member safety and comfort.
“Our high precedence is to supply members with a safe, user-friendly digital expertise,” Solidarity CFCU CEO Amy Benner mentioned. “Mahalo is on the cutting-edge of safety, and their dedication to staying forward of rising fraud threats makes us assured in our partnership choice. Their neurodiversity assist, with choices like colorblindness views and left- and right-hand modes, outshines different suppliers when it comes to accessibility. We’re thrilled about this new chapter and the optimistic influence it would convey to our members.”
With regard to safety, Mahalo’s platform leverages Credential Assurance Expertise (C.A.T.) to guard credit score union knowledge from fraud and to reinforce total digital safety. The corporate’s Considerate Banking expertise delivers a wide range of neurodiverse options to make sure a constant, accessible expertise for all members. Mahalo’s platform offers simplified account and mortgage opening functionalities, which the credit score union believes will assist it compete with digital-first challengers for youthful clients. The platform additionally helps charitable giving, with an choice to allow members to make charitable contributions at any time immediately by means of the platform.
Nonetheless, the challenges of combating fraud remained on the high of the checklist as Mahalo Banking COO Denny Howell defined. “With rising fraud incidents throughout the trade, sustaining sturdy safety measures is crucial to safeguarding member accounts and knowledge,” Howell mentioned. “Our group is devoted to delivering a best-in-class platform that not solely meets as we speak’s safety wants but in addition anticipates future challenges to make sure our credit score union companions like Solidarity CFCU can safeguard towards rising threats and supply peace of thoughts for its members.”
Solidarity CFCU is just one of a handful of credit score unions Mahalo Banking has partnered with in latest weeks. In November, the fintech teamed up with 4 Factors FCU to improve the Omaha, Nebraska-based credit score union’s digital capabilities and improve member self-service. Mahalo additionally final month introduced a partnership with Glendale Space Colleges Credit score Union to assist development and enhance the member expertise for the California-based monetary establishment. Only a few weeks in the past, Mahalo reported that each Colorado-based Rocky Mountain Credit score Union and UnitedOne Credit score Union of Wisconsin had gone stay on Mahalo’s enhanced Considerate Banking platform.
“Working with the Mahalo group is a real partnership,” Rocky Mountain Credit score Union SVP Erin Johnston mentioned. “The enhancements introduced on by the newest model have been appreciated by our employees and membership. Most of the adjustments have been requested for by their purchasers and their membership base, making the transition a welcome replace.”
Based in 2018, Mahalo Banking is headquartered in Troy, Michigan. Jim Stickley is CEO.
Picture by Anon
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