Collaboration Helps Credit Unions Better Serve Members with Fast, Easy Money Movement Technology
Allied Payment Network (Allied), the industry’s most progressive provider of online and mobile bill payment services to community financial institutions, announced its partnership with Mt. Pleasant, Wisc.-based AMI Information Systems (AMI), a provider of advanced core processing systems for credit unions. AMI will integrate Allied’s digital money movement products into its digital banking offerings.
Credit union members using AMI’s online or mobile banking platform will have seamless access to Allied’s full suite of digital payment products, including PicturePay®; the financial industry’s first mobile click-and-pay app; FlexPay bill pay with eBills; A2A and P2P payments; small business payments; and loan payments from external lending institutions.
Allied pioneered the technology that allows consumers to make real-time digital payments to billers and individuals from within a financial institution’s digital banking environment for an enhanced user experience and greater financial wellness.
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Allied and AMI sought a partnership to help credit unions respond to mounting competition from alternative payments sources—including BigTech and retail organizations, many of which offer other financial products like depository accounts—that threaten a member’s primary financial relationship with the credit union.
“Above all, we want to help credit unions better serve their members. Allied’s payments technology makes managing and paying bills easier, which everyone can appreciate,” said Jason Greenwood, president of AMI. “Allied is an expert partner that can help our credit union clients overcome the hurdles of digital transformation and fill the technology gap to thrive.”
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