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Bankjoy announces integration with Fiserv Portico

By Leandra Monteiro

April 11, 2023

  • Bankjoy
  • credit union
  • Digital Transformation
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Bankjoy,Bankjoy, a digital banking provider, announced its integration with Fiserv Portico, a full-service account processing system. Through this integration, credit unions using Fiserv Portico will have greater flexibility to deploy Bankjoy’s digital banking tools for their members.

Bankjoy’s integration with Fiserv Portico will allow more credit unions to deliver a competitive online and mobile banking experience with a modern, intuitive UX that attracts new members while deepening existing member relationships. Live Life Federal Credit Union, based in Michigan with more than $60 million in assets, is Bankjoy’s latest client to leverage the integration with Fiserv Portico.

“We at Live Life FCU incorporated Bankjoy’s digital banking platform as a critical component of our aggressive growth strategy. Our leadership team is constantly striving to innovate and provide the best services to both our retail and business members,” said Traoney Harris, EVP and Chief Operating Officer, Live Life FCU. “Discovering a competitive digital banking solution that integrates with Fiserv Portico has been a game changer, enabling us to deliver a modern digital banking experience.”

In addition to the integration with Fiserv Portico, Bankjoy also supports integrations with several third-party partners, including Allied Payments, Vertifi, UrbanFT, Savvy Money and more. As a result, credit unions on Fiserv Portico will have more opportunities to proactively address members’ needs with the latest technologies without being burdened by lengthy implementation timelines and costly engineering resources.

“Ongoing digital transformation over the last decade has accelerated the need for financial institutions of all sizes to deliver a state-of-the-art digital banking experience. Their success as an institution depends on this, as the top performing financial institutions see an average of 24-28 digital banking log-ons per account holder each month, which drives revenue growth by an average of 10-15 percent each year, according to McKinsey & Company,” said Michael Duncan, CEO of Bankjoy. “Yet, investing in a truly cutting-edge digital banking solution can seem out-of-reach for institutions without extensive engineering resources and IT budgets. Our integration with Fiserv Portico aims to solve this by giving credit unions more flexibility to roll out the digital banking features that today’s members expect in the most efficient and cost-effective way possible.”

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