Innovation Credit Union Launches VeriPark Digital Banking Technology

Innovation Credit Union (ICU) in Canada has launched a new digital banking experience, powered by VeriPark, a global provider of solutions dedicated exclusively to financial services, and Microsoft.

Innovation Credit Union has adopted VeriPark’s VeriChannel Internet Banking and Mobile Banking solutions to provide its more than 57,000 members with superior omnichannel banking journeys, built seamlessly across multiple devices such as phone, tablet or computer .

The new digital platform provides a simpler and more convenient digital banking experience with a new, improved website and a faster, more intuitive mobile app. It offers easy-to-use online banking features, such as new calculators and tools for selecting savings, loans and mortgages. Members can now instantly see which loan or mortgage is right for them, what their payments will be and even how they can save money faster. The new banking platform also offers new features that will make it easier for members to manage their own accounts, open new accounts, transfer funds, send interactive transfers and track requests.

This launch is the latest step in Innovation Credit Union’s efforts to become Canada’s leading digital credit union. This allows ICU to truly put its members at the heart of its digital transformation, strengthen the relationship with its members, and provide a superior level of member service.

“Innovation has grown to become one of Canada’s leading credit unions,” said Innovation Credit Union CEO Daniel Johnson. “With this new and improved website and simplified mobile banking app, our goal was to further align with our goal of making banking easier for our current and future members.”

“VeriPark is delighted to have enabled Innovation Credit Union to benefit from a seamless omnichannel digital banking experience. This is our first customer in North America, and over the next two years we will be implementing all four of VeriPark’s digital banking solutions: VeriChannel, VeriTouch, VeriBranch and VeriLoan,” said Ozkan Erener, CEO of VeriPark. VeriPark’s highly scalable cloud technology securely connects users to their financial institution and helps them manage their information more efficiently. We look forward to helping realize Innovation Credit Union’s vision of becoming Canada’s leading digital credit union and supporting them in their continued growth.

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