Credit Union goes for Bank-in-a-Box hosted service

Stephen Withers
Tuesday, 09 February 2010 16:39

IT Industry - Development

Maleny and District Community Credit Union recently 'went live' on Rubik Financial's Bank-in-a-Box fully hosted banking system.

Rubik Financial offers a SaaS banking platform called Bank-in-a-Box. At the heart of the system is Switzerland-based Temenos' T24 core banking system.

The first customer to go live is the Maleny and District Community Credit Union (MCU). The system was up and running at the end of January.

The credit union has 5500 members, and its use of Bank-in-a-Box includes mobile banking, internet banking, customer relationship management, and card management, as well as the core banking system.

"This dynamic and flexible technology will allow MCU to delivery even better products and services to our members in a much shorter amount of time," said Greg Stevens, the recently appointed CEO of MCU.

Rubik CEO Brent Jackson said "Any core localisation is a tough process but when teams work together and have the right experience and knowledge the end result is a great success."

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