Catalyst Corporate Marks Fifth Anniversary
September 19, 2016
Catalyst Corporate Federal Credit Union turned five recently. So, here’s a “high-five” look at some of the corporate’s activities since its last anniversary.
“A key initiative that has been building momentum the past three years has begun to produce significant benefits for our membership,” said Kathy Garner, president/CEO of Catalyst Corporate. “Our ‘culture of innovation’ is now generating well-researched and vetted new services that help our member credit unions differentiate their institutions in a competitive marketplace.”
Garner highlighted the TranzCapture next-generation suite of remote deposit services being developed by Catalyst Corporate as an example. While credit unions still have a very real need to provide deposit capture services, vendors that introduced these services a decade ago may have lost interest in supporting enhancements to a mature system – looking, instead, to develop revenue streams in other areas, Garner added.
The new web-based TranzCapture platform, which includes Branch, ATM, Mobile, Business and Interactive Teller Machine Capture applications, is integrated into the Corporate’s account management portal to enable access with a single sign-on. By developing its own platform, Catalyst Corporate will be able to control design, timing and pricing of new services and service enhancements. The new platform is expected to launch in the fourth quarter of 2016, with a majority of credit unions coming on board in 2017.
Click here for the full recap of the anniversary.