LEAGUE CITY, Texas–Associated Credit Union of Texas here has signed a multi-year agreement with Lumin Digital for its cloud-based platform to provide it with a digital banking solution.
Lumin Digital is a PSCU company. Associated Credit Union will have more than 25,000 active users on the platform and is slated to launch in August 2019.
“We selected Lumin Digital’s retail digital banking solution because of the company’s cutting-edge and innovative technology, as well as the sophisticated look and feel of the online interface and mobile app,” said Clay Franks, CFO at ACU of Texas. “We felt the user experience for our members would be as good – or better – with Lumin Digital’s platform than those at the largest banks against which we are currently competing.
“When searching for a digital banking solution, Lumin Digital’s product offered the personalized experience we wanted to provide our members,” Franks continued. “Additionally, our relationship with PSCU and its reputation within the credit union industry gave us an even stronger comfort level to engage with Lumin Digital, as we recognize Lumin is backed and supported by the nation’s premier payments CUSO.”
‘Tightly Integrated Experience’
PSCU said that as a cloud-based digital banking platform built using market-leading technology, Lumin Digital provides its member credit unions with a “tightly integrated and customized experience that rivals the offerings available from big banks. In creating a truly personalized journey, Lumin Digital delivers credit unions enlightened engagement, increased value and deepened relationships, all at secure speed with minimal risk.”
“At Lumin Digital, we want to provide our credit union partners with a platform that offers their members a truly tailored and unique experience, while also extending the credit unions’ support from inside their lobbies to the digital lives of their members,” said Jeff Chambers, president of San Ramon, Calif.-based Lumin Digital. “We look forward to working with ACU of Texas to provide its members with an unparalleled banking experience while contributing to the credit union’s growth and digital strategy.”
Lumin Digital’s provides seamless access to a wide array of PSCU platforms and services, including card services, data analytics and contact center support, the company said.
The $400-million ACU of Texas is the second credit union to select Lumin Digital for digital banking support, following Consumers Credit Union.
For info: LuminDigital.com