Movement Bank selects NuPoint Core Platform to provide reliable core banking services
By Edlyn Cardoza
Computer Services, Inc. (CSI), a provider of end-to-end FinTech and RegTech solutions, announced that Movement Bank, a Virginia-based bank, has selected CSI’s NuPoint core platform to provide customers with integrated, reliable core banking services.
Movement Bank, located in Virginia and the Carolinas, focuses mainly on serving communities that have faced difficulties accessing financial resources. According to the bank’s history, Movement Bank has remained a pillar in its communities by supporting entrepreneurs, financing churches, and even playing an essential role in the civil rights movement. The bank turned to CSI to gain integrated technologies that will empower it to build upon its 100-year legacy of service.
“The process of searching for a new core was rigorous and we evaluated multiple vendors,” said David Rupp, president of Movement Bank. “CSI stood out as having the best integrated platform coupled with the highest service level. We are excited to transition to the NuPoint platform and believe CSI will be an outstanding partner for us as we continue to grow and broaden our impact.”
To keep up with the fast-changing technologies in its market, Movement Bank will also utilise CSIbridge. CSIbridge provides simple and secure access to open banking APIs, allowing third-party providers to connect real-time data to CSI’s core. Movement executives cited CSI’s commitment to customer service and innovative core banking services as a critical factor in their decision.
“At CSI, we are dedicated to delivering the technology advancements and customer service that empower our community financial institution customers to achieve their individualised goals,” said Giovanni Mastronardi, group president of CSI Enterprise Banking. “We are pleased to partner with Movement Bank and provide them with an integrated core banking platform to drive their success in a digital-first world and enable them to serve their customers with the best possible technology for managing their finances.”
Recently, IBS Intelligence reported that EntreBank had selected Computer Services Inc.’s NuPoint® core platform as the foundation of its integrated banking services. CSI’s NuPoint core implementation will enable EntreBank to establish a modern, open architecture that provides its customers with flexible online and mobile banking services and simplifies back-office operations for staff.
IBSi Daily News Analysis
January 27, 2023
Embedded finance, Web3 to trigger FinTech investment in 2023 amid looming recessionRead More
IBSi FinTech Journal
- Most trusted FinTech journal since 1991
- Digital monthly issue
- 60+ pages of research, analysis, interviews, opinions, and rankings
- Global coverage