Matthew Day, Managing Director of iFinancial

Prudential Co-operative Credit Union, of Barbados, has become the first customer to sign up for iFinancial’s product range on Microsoft Azure. iFinancial is working together with their local partner – Global Integrated Fintech Solutions (GIFTs) – who signed the deal. Prudential’s decision to install the software is the first step in the transition from their existing systems, with the ultimate intention of providing internet and mobile banking to their customers.

Once the new systems have been installed and established, Prudential will begin to offer the One Caribbean debit card which is provided by GIFTS. Dave Sahadath, CEO of GIFTS, said ‘this is a great start to our working relationship with iFinancial and we look forward to this project and many others being a success over the coming years’.

Matthew Day, Managing Director of iFinancial said “Working with GIFTs we have made a significant number of changes to our software to meet the requirements of the credit union movement in the Caribbean so that it can become the solution of choice for credit unions no matter their size or membership”.

by Bill Boyle
IBS Intelligence Senior Editor
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