Soar has completed a deal with Glasgow Credit Union to provide its members with the latest banking technology as it aims to compete more effectively with traditional players in the financial services sector.
Glasgow, the UK’s largest credit union with over 46,000 members, is set to offer a new market leading mobile app and internet banking platform that will transform the way members interact with the organisation.
Our new tech offers Glasgow's members one place to manage their finances. With features, such as join, borrow and manage their money their members will be able to engage with the credit union through innovative digital channels. Plus, we allow the credit union to gain invaluable member insights and offer them more products. Our mobile application and internet banking platform is poised to disrupt the UK Fintech market.
Executive Chairman of Soar, Andrew Duncan, said: “It’s excellent to be working in partnership with Glasgow Credit Union to successfully deliver our solution for their growing member base.
“This new partnership is a huge step forward to help credit unions embrace the most up-to-date technology that can have a positive impact on their business. It gives credit unions must-have mobile technology and internet banking and also offers them a dashboard that supports their operations.”
Paul McFarlane, Chief Technology Officer at Glasgow Credit Union said:
“It’s important for us to continually invest in new technology to remain relevant and be able to compete with the rest of the financial services market in 2019. Working in conjunction with Soar and with the continued support of our existing technology partners, we’re improving on our great service offering to create a first-class experience for our members. We chose to partner with Soar because of their innovative approach and were impressed with the way they embraced our members’ requirements which will continue to influence and shape the roadmap for the product."
Glasgow Credit Union is expected to launch its new technology in 2019.