Constellation Digital Partners has signed an agreement to launch digital banking services on its patented, open development platform with Meritrust Federal Credit Union, a Wichita-based financial institution serving more than one hundred thousand members.
Meritrust’s agreement with Constellation represent its commitment to delivering an unparalleled digital experience to its members. This platform decision enables the selection and delivery of a unique, customized set of integrated services, and relieves undue reliance on legacy technology. The credit union can now pursue fintech innovations at their pace, and as required by their unique digital strategy.
Having both digital banking services and fintech-developed services on a secure and scalable cloud-based platform enables Meritrust to quickly and seamlessly launch innovations to keep pace with continuously evolving banking landscape. The Constellation platform allows Meritrust to stay hyper-focused on members’ needs by continually providing new services. Choosing the Constellation platform gives Meritrust the capability to move forward with new solutions while avoiding vendor lock-in.
“We built our technology and business model to provide all our credit union partners a solid foundation to stay digitally-forward, said David Lindner, Constellation’s SVP of Sales and Marketing. “It’s important to us that they be well-equipped to anticipate and respond to the changing banking landscape; to be confident their organization is in a position to lead – ultimately, to be in control of their unique digital roadmap.”
Meritrust is actively working on their platform deployment and building fintech partnerships. This solution will completely replace existing online and mobile banking technologies in 2022.