WesCorp is nearing launch of a new mobile banking solution the corporate says will make the service more affordable by delivering it directly from a credit union's core processing system.
The hosted solution will eliminate the "middle men" involved in "expensive electronic payment systems rails" and make mobile banking affordable for small and mid-sized credit unions that now can't afford the increasingly vital service, the corporate said.
The solution was developed in-house and is now undergoing testing at a Southern California credit union. It is expected to be offered to other credit union in about two months, WesCorp said.
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