St Raphaelâ€™s Garda Credit Union in Ireland has partnered with Temenos for its front-to-back IT investment programme.
The credit union will use the banking software company's T24 core banking and digital channels to support its growth.
St Raphael's Garda Credit Union has assets exceeding â‚¬400m and 35,000 members, including members of Ireland's police force and their families.
Steen Jensen, regional director for Europe at Temenos, said: â€œWe are excited to be the strategic technology provider of choice for St Raphael's Garda Credit Union.
â€œWith our technology, the credit union will become digital front to back and will offer best-in-class services that will compete with tier one banks.
â€œWe are delighted with our continued momentum in Ireland.
â€œWe have invested in our skillset in the country and in our product with the Irish model bank and we have flagship clients such as Bank of Ireland, KBC and now St Raphael's Garda Credit Union.
â€œTemenos is proving its ability to cater for the needs of all market segments from the tier ones to the huge credit union market in Ireland.'
St Raphael's Garda Credit Union has extended its partnership with Temenos having been a client since 2008.
The upgrade of the credit union's IT systems will take nine months and is aimed at improving members' borrowing experience with features such as automated loan processing and approval.
Claire Byrne, CEO at St Raphael's Garda Credit Union, added: â€œWe selected Temenos as our trusted technology partner to help us improve our IT systems, enhance our digital offering and, most importantly, provide our members with easy mobile and online access to our services and an even faster response to loan applications.'
SIGN UP TO OUR NEWSLETTER TO RECEIVE MORE NEWS LIKE THIS STORY
Unity Trust Bank provides £1.1m loan for homeless housing
Unity Trust Bank has provided a £1.1m loan to enable The Cornerstone Partnership to purchase 17 properties for the homeless in Coventry...
Holvi sets out plans for European expansion
Small business current account provider Holvi has announced plans to expand its presence across the eurozone, focusing on Ireland, Italy, Belgium, France and the Netherlands...
Collaboration is the new disruption
Collaboration is key. The incumbents undoubtedly have the customers and the new entrants have the technology, so logically the combination of these two factors creates a far greater proposition than either one on its own...
OSB posts 5% loan book growth
OneSavings Bank (OSB) has grown its loan book by 5% in the three months to 31st March 2019, according to its latest trading update...
Investec, Nationwide and The Co-operative Bank awarded £80m of funding
Investec Bank has been awarded £15m from pool B of the Banking Competition Remedies Ltd (BCR) Capability and Innovation Fund (CIF)...
When relationships count, it’s the new entrants who are gaining market share
The theory that some things are often better said in person really does ring true for small- and medium-sized businesses...
Sim Gill appointed to newly created role at Gatehouse
Gatehouse Bank has promoted Sim Gill (pictured above) to the post of intermediary national key account manager...
Hinckley & Rugby partners with Criteria Hub
Hinckley & Rugby Building Society has updated its criteria search system for mortgage intermediaries following a partnership with Criteria Hub...
Aldermore completes integration with vehicle finance business
Aldermore has completed its integration with vehicle finance business MotoNovo Finance...
Metro Bank confirms £350m equity raise plan is ‘well advanced’
Metro Bank has confirmed that it plans to raise around £350m of equity capital to support its growth...
Al Rayan Bank partners with Alexander Hall
Al Rayan Bank has partnered with mortgage broker Alexander Hall...