Bishopstown Credit Union Goes Digital
12 March, 2021Wellington IT, the Irish technology partner to the credit union sector, has now announced a new technology partnership with Bishopstown Credit Union, to help it automate and digitise its business so it can grow faster and increase staff productivity. Wellington IT’s customer banking app, cuMobile, will also be made available to Bishopstown Credit Union’s 25,000 members to improve the convenience with which they manage their finances.
The system will help Bishopstown Credit Union in its effort to meet the World Council of Credit Unions’ goal to fully digitise by 2025 by providing a full range of online and mobile member services.
Wellington IT’s Scion software is the basis of the solution – which has automation and business intelligence at its core – so that Bishopstown Credit Union can better manage functions such as credit control, lending, operations and membership. Through over 150 pre-built reports, charts and dashboards, its team can make better and faster data driven business decisions.
Additionally, Wellington IT’s Revolving Credit application gives members fast access to loans while also reducing the administrative burden on staff. Currently, the credit union has a €30m loan book, but it is expected that this will increase as a result of making it easier for customers to apply for loans.
The cuMobile full-service banking app will offer members 24/7 access to their accounts so that they can fully manage their finances without having to visit the credit union.
