SUMMERLAND, B.C.—Summerland Credit Union here has become the latest credit union to report it has enrolled in the Banking Innovation Program offered by San Francisco-based Metal Blockchain.
“This move signifies Summerland Credit Union's proactive approach to investigating blockchain technology's potential and harnessing Metallicus' expertise to elevate its technological prowess,” the company said in a statement.
‘Part of Larger Ecosystem’
Added Kelly Marshall, CEO of Summerland CU, "We are excited to be part of the Metallicus family and look forward to further exploring and leveraging the technological potential of Metal Blockchain for our industry. We are also grateful for the opportunity to be part of a larger ecosystem of technology thought leaders from around the North American Credit Union Industry and anticipate learning and benefitting from their expertise and contributions.
The company said the Banking Innovation Program enables institutions to navigate and adopt customized blockchain solutions, ensuring compliance with regulatory standards while addressing their distinct operational demands.
What’s Being Offered
“Drawing on Metallicus' unparalleled blockchain expertise and a distinguished advisory board, the program offers innovation workshops, fintech partnerships, R&D grants, and bespoke development, positioning participants to lead and innovate within the dynamic financial sector,” Metallicus stated. “The Metal Blockchain Banking Innovation Program is designed to support financial institutions' journey into blockchain technology at no cost. With a focus on tackling use cases around Digital Identity, Single Sign-On (SSO), Private Subnets, Tokenization of Assets, and more, the program equips participants with the tools and resources needed to drive profitability, lower costs, reduce risks, and deliver unparalleled customer experiences.”
Other CUs Participating
As CUToday.info reported earlier, One AZ Credit Union and Patelco Credit Union have both enrolled in the Metallicus program, as well.