Municipal Credit Union (MCU), a $2.5 billion credit union in New York, is implementing a new digital payments platform supplied by Payveris. The vendor says its offering was selected “for its complete line of services including consumer bill pay, business bill pay, external or account-to-account transfers, P2P and digital commerce”. Michael Mattone, VP of public relations and corporate communications at MCU, concurs: “We found the Payveris to be the most comprehensive payments solution on the market.” The solution is cloud-based and has open APIs. The payments platform will be implemented as a white-label solution, integrated with the credit union’s Episys core banking system, supplied by Jack Henry’s Symitar division, and digital banking platform from Wescom Resources Group. Read more: bankingtech.com
