Canada's Saskatoon Credit Union has signed a software licensing agreement with Fincentric Corporation for its next-generation core banking system.
Fincentric will provide the credit union with a front-to-back office banking system covering deposits, payments, and consumer lending. The system can be integrated across multiple delivery channels, including Internet and telephone banking via interactive voice response (IVR).
The solution is to be implemented in 2003.
Established in 1939, Saskatoon Credit Union serves over 50,000 members and manages assets of over $667 million.