Central 1’s Forge Digital Banking Platform offers Canadians an elevated digital experience in today’s ever-evolving fintech landscape
VANCOUVER, BC, January 9, 2020 – Central 1 is pleased to announce that League Data Ltd. – an organization providing information technology services and support to 46 credit unions in 140 locations across Nova Scotia, New Brunswick, Prince Edward Island, Newfoundland and Labrador – has chosen the Forge Digital Banking Platform as their preferred digital banking solution, enabling 330,000 additional credit union members to have access to best-in-class digital banking experiences.
“We are elated that League Data has selected Central 1 as their partner of choice for the Atlantic credit union system,” said Mark Blucher, President and CEO of Central 1. “In a fast and ever-changing industry, continuously improved digital banking offerings are vital to the success of credit unions and other financial institutions in Canada.”
A secure and cost-effective solution that empowers financial institutions to provide a best-in-class digital experience for their customers, the Forge Digital Banking Platform will provide each credit union the ability to control and customize their brand expression through their own public website, mobile banking app, and online banking capabilities, all with a user experience that is unparalleled in Canada today. Melding award-winning technical architecture with customized, state-of-the-art banking and payments solutions, the Forge Digital Banking Platform is designed to meet the diverse digital needs of Canadian financial institutions, enabling them to remain at the forefront of evolving digital banking expectations – all factors that weighed into League Data’s decision.
“League Data is very pleased to select Forge as the digital banking platform for the Atlantic credit union system,” said Ian MacNeil, CEO of League Data Ltd. “Continuing our long term partnership with Central 1, Forge will be key to further development of the digital ecosystem for credit unions within Atlantic Canada. The Forge Digital Banking Platform is the best fit for our business requirements and more importantly, will meet the omni-channel banking needs of our credit unions and members, providing a world class user experience and member-first approach to digital banking.”
Built in partnership with Backbase, a proven, global leader in omni-channel banking technology, the Forge Digital Banking Platform has been uniquely designed with multi-tenancy capabilities. In other words, allowing for the secure use of a shared platform by multiple financial institutions which makes it possible to facilitate ongoing and collaborative innovation, while effectively deploying new technology to meet the opportunities and challenges of a rapidly evolving digital world. All three of Forge’s offerings – public website, mobile banking app, and online banking capabilities – are currently in active use and on the rise across the country, with over two million Canadians estimated to have access to the Forge Digital Banking Platform within a matter of months.
“We’re thrilled to see League Data take the leap and prioritize digital banking for the Atlantic credit union system,” comments Jouk Pleiter, the CEO of Backbase. “With their new digital banking capabilities, these credit unions will be equipped to exceed customer expectations, now and in the future.”
With League Data committing to the Forge Digital Banking Platform, over 165 of all credit unions in Canada have now selected Forge, showcasing the importance and prioritization of offering an elevated, customized digital banking experience for Canadians from coast to coast. As this collaborative momentum continues to build, and the need to adapt and provide digital solutions is crystal clear, Canadians can expect to be provided with the innovative user experience they are looking for.
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About Central 1
Central 1 is a preferred partner for financial, digital banking and payment products and services – fueling the success of businesses across Canada. We leverage our scale, strength and expertise to power progress for more than 250 credit unions and other financial institutions, enhancing the financial well-being of more than 5 million customers from coast to coast. For more information, visit www.central1.com.
About League Data
As Chief Information Officer (CIO) for the Atlantic System, League Data Ltd. provides technology leadership in the area of banking solutions, aligned with regional and national credit union system initiatives that support member growth and system efficiencies. League Data provides over 50 seamless, fully integrated technology solutions from key vendors to deliver a member-first experience while meeting the evolving banking needs of both credit unions and their members. Through leadership and innovation, League Data engages with Atlantic Canadian credit unions to understand their strategies, ensuring organizational development and support remains relevant and responsive to their needs.
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