LAKE MARY, Fla.–DH Corporation and Corporate One FCU said they are partnering to expand access to real-time payments among its member credit unions.
“Using D+H's cloud-based testing environment for U.S. real-time payments, Corporate One is now exploring real-time payment use cases relevant to the credit union marketplace,” the organizations said in a statement. “These include immediate bill pay, request-to-pay workflows, person-to-person non-commerce payments, and business-to-business just-in-time payments to suppliers, among others. Early testing on D+H's cloud-based testing environment shows that Corporate One can obtain critical insight regarding the operational facets of each real-time payments use case. As a result, real-time payments promise to enhance operational efficiencies and offer the potential to bring new members to credit unions.”
"Corporate One is committed to ensuring that credit unions can have the right set of innovative products and services to enhance and solidify their consultative position with their members, and remain competitive in a rapidly changing marketplace," says Keith Riddle, EVP, enterprise solutions development at Columbus, Ohio-based Corporate One in a statement. "As immediate payments gain traction in the United States, Corporate One is leveraging a set of development strategies, including member innovation feedback sessions, in order to ensure there is a clear understanding of the trends that are driving faster payments technologies, as well as the benefits associated with various use cases for credit unions and their members."