bankingciooutlook

BrightFi Services Introduces Digital Banking Accelerator to Meet Immediate Market Needs of Community Banks and Credit Unions Impacted By COVID-19

By: Banking CIO Outlook | Thursday, September 17, 2020

All of these advantages under the BrightFi Services Digital Banking Accelerator still come with BrightFi's best advantages, including white labeling to keep your brand front and center with customers and our parallel implementation, meaning no time-consuming and expensive replacement of your existing core.

FREMONT, CA: BrightFi Services, the Banking as a Service (BaaS) company that saves banks money and time while increasing profitability, declared an initiative to address the increasing needs of credit unions and community banks with customers impacted by COVID-19. Given shut-downs and in-person restrictions, the BrightFi Services Digital Banking Accelerator enables banks to bring digital banking, cost-efficiently quickly, and with a solution that will easily grow with banks throughout their future.

BrightFi Platform Advantages: Faster Deployment and Waived Implementation Fees

The BrightFi Digital Banking Accelerator brings the first cloud-native, self-contained, agile banking core to community banks and credit unions in a quick-turn implementation. This enables banks to serve their customers digitally in a post-COVID-19 environment. A less than 90-day implementation period means banks can launch 100 percent digital transaction bank accounts faster than ever to reach customers where they are, offering critical features like integrated peer to peer payments, contactless payments, and improved customer engagement. Banks can provide these features, all while decreasing costs and enhancing profitability. In order to further support banks needing to implement quickly, BrightFi is waving its usual implementation fees as part of the Accelerator program.

All of these advantages under the BrightFi Services Digital Banking Accelerator still come with BrightFi's best advantages, including white labeling to keep your brand front and center with customers and our parallel implementation, meaning no time-consuming and expensive replacement of your existing core.

"In my conversations with community banking and credit union executives, their number one concern right now is reaching customers who can't access branches and banking services safely," stated Michael Coghlan, CEO of BrightFi and its parent company, Verdigris Holdings. "Through our BrightFi Digital Banking Accelerator we can help them implement safe, reliable, digital banking faster than ever while increasing profits not only today but for the long-run as well."

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