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The open banking opportunity: Prospera Credit Union and Central 1 discuss the benefits for Canadian credit unions

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Open banking is fast approaching in Canada. Financial institutions across the country are anticipating an update from the Government of Canada this year about its open banking framework. As credit unions gear up for the transition, many have questions regarding the impact of open banking on their organization and how it will affect the financial well-being of their members. We...

Stronger Together: Laurentian Bank of Canada and Central 1

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As Canadians increasingly embrace digital banking to simplify their lives, it is more essential than ever for financial institutions to offer robust, convenient and modern solutions. According to a study conducted by the Canadian Bankers Association, eight out of 10 Canadians are using digital channels to conduct most of their banking transactions. For many financial institutions, developing and delivering on...

Central 1 Gains Momentum with Forge 2.0 Adoption

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VANCOUVER, B.C., December 17, 2021 – Central 1 continues to build momentum with its Forge 2.0 digital banking solution, including recent launches with BC-based Coastal Community Credit Union and Ontario’s Kindred Credit Union. These implementations now bring Forge 2.0 to 117 committed clients as of today.  “The importance of delivering modern and seamless digital banking experiences to Canadians is greater than ever, and...

Central 1 Unveils Latest Digital Banking Experience on Forge Digital Banking Platform with First West Credit Union  

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VANCOUVER, BC, November 18, 2021 – Central 1 is pleased to announce the successful launch of the latest versions of Online Banking, Mobile App and Small Business on the Forge Digital Banking Platform. Achieved with First West Credit Union across all of its regional brands: Envision Financial, Valley First, Island Savings and Enderby & District Financial, these milestones further position the platform as a leading digital solution for financial...

How will Large Organizations Adapt to the New Normal? 

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What happens when the world as we know it changes entirely? As we’ve seen throughout 2020, and as we begin to envision a post-pandemic landscape, the need for financial institutions to adapt to customer needs is crucial now more than ever. But how and where does one start? How can financial institutions be leaders in helping larger organizations reimagine a new normal?  Larger Organizations are Slower to Adapt  A global survey by Harvard Business Review indicates that executives at larger organizations expect the pressure to...