Mbanq announces the formation of Mbanq CUSO

SAN FRANCISCO, USA, Aug 28, 2021 /EINPresswire.com/ – Mbanq, a leading provider of banking technology and Banking as a Service (BaaS), has formed a new Credit Union Services Organization (CUSO ) to implement digital transformations for credit unions.

Mbanq CUSO is based in Silicon Valley. It leverages a cloud-native financial services technology stack, along with specialized regulatory compliance and operational expertise from Credit Union to deliver end-to-end solutions that enhance the Credit Union member experience and reduce costs. installation and operating costs.

Vlad Lounegov, CEO of Mbanq, said: “Choosing the right digital transformation strategy enables credit unions to develop to their full potential and successfully compete in a market crowded with banks, FinTechs and financial services challengers. .

“Successful credit unions achieve excellent customer satisfaction ratings because they prioritize member services and listen to the needs of their members. These advantages can be transferred to the digital realm with the help of modern technology and used to fuel rapid expansion. “

Mbanq CUSO’s offering includes a complete ecosystem of financial and FinTech services, agile setup, rapid time-to-market, and personalized and flexible membership services. Its back-end technology is streamlined for efficiency and operates on a low-code, low-code software basis. Front-end financial services are delivered through user-friendly web and mobile applications.

Lounegov adds: “Mbanq CUSO works as a trusted partner to build, operate and grow credit unions. Its technology is at the forefront of modern FinTech innovation and is designed to keep credit unions operating at peak performance and ready for the future. “

About Mbanq
Mbanq is based in the United States with a strong global presence. It is a banking as a service (BaaS) provider and technology innovator. It operates dozens of banks and credit unions across America and the world. www.mbanq.com

About Mbanq CUSO
Mbanq CUSO’s business model is to create and operate credit unions as a service. It offers a comprehensive ecosystem of financial services that includes advanced digital financial solutions technology, legislative, anti-money laundering and risk management assistance, as well as digital applications for clients that can be tailored and customized to suit their needs. ” adapt to any type of membership. It provides everything needed to set up and operate a credit union and operates the entire technology stack as an uninterrupted service. www.mbanq.com/cuaas

Alex Player
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