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Air Academy Federal Credit Union selects Fiserv for digital transformation

Financial technology service provider, Fiserv has announced that Air Academy Federal Credit Union has selected its core account processing platform and a suite of integrated solutions as part of their digital transformation and business expansion.

The technology adoption is part of the Credit Union’s challenge of handling the increasing competition and limitations of its existing platform. The firm chose to move to the DNA platform from the supplier for improving its loan servicing capabilities for commercial and mortgage businesses and to utilise the platform’s open architecture and APIs for facilitating third-party solutions integration.

“The competition in our market, including from fintechs, is constantly evolving. To remain competitive, we needed to have the right technology and create more member-centric offerings. With Fiserv, we found a partner with strategic vision and a commitment to investing in core technology for the long term,” said Jeremy Taylor, chief information officer, Air Academy Federal Credit Union.

The credit union is also planning to add integrated solutions from Fiserv for accounting, item processing, general ledger, multi-channel marketing, financial risk management and managed services.

“Air Academy Federal Credit Union is leveraging modern technology to transform the member experience. With Fiserv they now have the tools they need to customize solutions and increase speed to market with new capabilities that are tailored to their member base,” said Theo Curey, president, Credit Union Solutions, Fiserv.

Founded in 1955, Air Academy Federal Credit Union serve the cadets, officers and civilians of the newly established U.S. Air Force Academy at Lowry Air Force Base. The credit union serves 47,000 members through its 8 branches and has over $600 million in assets.

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