Software Group is revolutionizing the Credit Union movement by providing solutions that enable these community financial service providers to stay competitive in today’s digital world. Credit Unions use Software Group’s payment solution and other delivery channel solutions to offer a range of modern mobile cooperative financial services that keep savings and revenues inside the movement. Using our technologies, Credit Union and Cooperative networks are realizing the full benefits of digitization by controlling their own payments for their members and extending traditional financial services to the realm of modern mobile cooperative owned and managed financial services. Software Group’s solutions are serving several million members in Asia and Africa.
Compete and attract a younger member base
Members of credit unions, particularly the youth, are demanding a higher level of service and are beginning to transact outside of the cooperative movement, hollowing out the cooperative by drawing out liquidity and transaction business, eventually attracting away higher net worth members to competing financial institutions. This is ultimately threatening the financial sustainability, relevance and ultimately the existence of cooperatives and financial cooperatives in particular. Credit Unions use Software Group’s payment solution and other delivery channel solutions to offer a range of modern mobile cooperative financial services that are compelling to the younger audience and keep savings and revenues inside the movement.
Integrate without replacing costly systems
Legacy systems built around proprietary technology lack the functionality credit unions need in today's highly digital, member-centric reality. By integrating innovative technology with the core, credit unions can optimize interoperability, and business and member services across channels. Software Group’s integration platform enables clients to integrate to any internal and external system to provide a unified member experience, and ensure data integrity and a consistent user experience for all members.
Digitize operations like a bank
Software Group’s solutions give credit unions the same level of technology that enable banks to fully digitize their operations but without any of the complexity and with far more flexibility and business agility. We make it easier for credit unions to manage all the challenges of banking and simplify their processes to focus on their members and service, eliminate paperwork and drive technology usage.
Тo be able to meet the diverse needs of Credit Unions, we offer solutions like Shared Mobile Payment Platforms, Mobile Wallet, Enterprise Integration Platform, Agency Banking, Digital Field Application, Payment Switch and Card Management, and others.
All our solutions are built on a single platform - the mature, flexible and future-proof DigiWave Platform, making for quick launch to market, easy scaling, and cross-channel workflows.