CO-OP Launches API Suite to Give Credit Unions More Control Over Their Technology

CO-OP Financial Services is introducing a suite of APIs (application program interfaces) that will enable credit unions to quickly integrate the latest mobile and online technology directly into their existing mobile and virtual channels. 

“CO-OP is the first provider to offer a complete API suite, paving the way for greater access to mobile and online banking technology for credit unions and their members,” said Stan Hollen, President/CEO, CO-OP. “With the CO-OP API Suite, credit unions can cost-effectively expand their mobile/virtual portfolios to meet growing member demand, while retaining the flexibility to add only those functions into their branded channels that work best for them.”

The CO-OP API Suite is led by CardNav by CO-OP API. CardNav was unveiled last year as a standalone mobile app that lets credit union members manage their cards on the fly. The app allows members to set preferences for when, where and how their cards are used, get near real-time alerts and push notifications, and even turn their cards off or on with the touch of a finger. Now available as an API, credit unions can take advantage of CardNav functionality by providing it to their members directly from their own mobile apps.

In addition to the CardNav API, the CO-OP API Suite offers customizable versions of CO-OP mobile/virtual products, including the new RealPay by CO-OP person-to-person payments network; CO-OP Bill Pay, remote deposit capture, Member Rewards by CO-OP and CO-OP Shared Branch and CO-OP ATM locators.

The CO-OP API Suite also offers seamless back end integration, allowing for simple management and connectivity to existing programs.

“With the CO-OP API Suite, credit unions can save time and resources by utilizing CO-OP’s solutions, while maintaining their own brand identity,” said Hollen. “In addition, CO-OP is positioned to expand our API suite as mobile and online technology advance, making it easy for credit unions to stay relevant in these fast-evolving arenas.”

Strategic Link is the NWCUA’s wholly-owned service corporation, using the power of aggregation to provide the Association’s member credit unions with exclusive, high-quality, competitively-priced products and discounted services. Contact Director of Strategic Partnerships Craig Reed at creed@nwcua.org today to find out how Strategic Link can help your credit union save money while meeting its goals in 2015 and beyond.

Posted in Article Post.