Banking software provider Mambu has launched a platform for credit unions (CUs) in North America. Mambu aims to support credit unions migrating away from legacy bank stacks as these companies aim to modernize their banking services. Mambu states that it already has over 40 credit unions as customers.
Amber Harsin, VP, Credit Unions at Mambu, says that credit unions are under imense pressure to provide modern services and their digital first platform can allow credit unions to scale and serve customers better.
Mambu highlights their “composable” banking approach which allows its platform to integrate with third party vendors.
Harsin adds that transforming your credit union is a bold choice but there is a need to future proof your institution.