CFM and MDT Partner to Transform the Branch Experience through Core-Integrated Solutions

By: Banking CIO Outlook | Tuesday, October 15, 2019

CHANDLER, Ariz: CFM, the leading financial institution core integration company, and Member Driven Technologies (MDT), a CUSO that hosts the Episys® core platform from Symitar® to provide a private cloud alternative for core processing and IT needs, announced a partnership to bring simplicity of branch transformation to credit unions with the Transformation Fusion product suite. The flexible product suite is designed to make banking easier for the credit union and its members by offering retail-focused technology that helps their branches increase overall loan production and deposit growth as well as provide financial literacy for members.

The full suite provides building blocks for transformation by solving very specific branch needs. NEXT is a solution for migrating full-service transactions to self-service. RTA enables Universal Associates and open branch designs by allowing transactions to be processed from anywhere in the branch. Interactive Digital Signage with Service Sidekick accelerates member discovery of products to increase cross-sales and engagement. iQ is a business intelligence tool for making smarter decisions in purchasing, deploying and optimizing cash recyclers and dispensers. All solutions are interconnected, and while each are impactful alone, transformation efforts multiply when they are used together.

"At CFM, we've already redefined an industry with our innovative cash automation integration, and now we're doing it again with several new innovations all backed by our proven foundational integration," said John W. Smith, CFM CEO. "MDT has a stellar reputation in the industry and our partnership will bring transformation that truly solves market needs to credit unions. We want to empower credit unions to better serve their members by demolishing barriers causing friction."

"Working in tandem with CFM will allow our client credit unions to quickly and effortlessly reach the next level of integration," said Larry Nichols, President/CEO at MDT. "Being able to provide the core platform and integration capabilities that will enhance the branch experience for so many credit unions and their members is very important to us. We look forward to a long relationship with CFM."

No matter where a credit union wants to start transforming their branch, Transformation Fusion can align to strategy and deliver immediate results. This partnership brings ease and convenience to credit unions wanting to optimize their branches with a core integrated approach.

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