GRAND RAPIDS, Mich.–CU*Answers has announced the development of an upcoming ‘Micro App’ store for credit unions.
The store will be a place for CU*Answers to develop a new family of mobile apps designed to supplement current kitchen sink-style apps, according to the CUSO.
“These will be copyrighted by CU*Answers and sold as specialty apps, with fees to include one-time setup, rollout, maintenance and licensing,” CU*Answers said.
The first few specialty apps will be for disengaged members or indirect borrowers to make loan payments; a stand-alone remote deposit capture app for the payment/deposit-minded members; and for investment-minded members, a new saver-focused app that will allow a purchase of a certificate or other specialty savings product, according to CU*Answers.
“The goal over the next few months is to build an assembly line not only to push out other apps to be developed in the future but create a foundation for third-party app production,” the company said. “This assembly line will have common components such as authentication and marketing features.”
CU*Answers said it is aiming for the first app to be available for purchase no later than June 2019.