MILWAUKEE, Wis. – Corporate Central Credit Union said it is now “revolutionizing the payments landscape” with cutting-edge ACH solutions, including its Beastro platform.
The corporate credit union said its direct connection with the Federal Reserve and the integration capabilities of Beastro “empowers credit unions to deliver seamless, efficient, and secure transactions to their members.”
As CUToday.info reported earlier this year, Corporate Central launched Beastro as a platform designed to offer frictionless ACH transactions with enhanced functionality, robust security, and an intuitive interface.
“Beastro provides a unified, responsive platform for all money movement transactions, including not only ACH receiving and origination, but also domestic and international wires, and both internal account and member-to-member transfers,” Corporate Central stated.
‘Eliminates Points of Failure’
Added President/CEO Chris Felton, “Our direct integration with the Federal Reserve eliminates points of failure and redundant vendors. This ensures unparalleled reliability and efficiency in all our ACH services. Beastro enables credit unions to receive incoming files and perform ACH origination seamlessly. With access to same-day ACH functionality, business direct ACH options, and international ACH services, we are providing a comprehensive solution all in one place."
SVP/Chief Technology and Strategy Officer Gregg Tushaus said the ownership of the technology allows the corporate to continuously upgrade as it incorporates cutting edge security and industry best practices.
‘Ahead of the Curve’
"Daily reporting tools provide robust recordkeeping, effortless cash management, and superior risk management,” said Tushaus. “Plus, frequent enhancements based on member feedback keep us ahead of the curve.”
Felton said one of the “standout features” of Beastro is the exceptional support provided to users.
"Since we built and developed the software in-house, there are no layers of support,” said Felton. “Our members connect directly with our dedicated Member Services team, ensuring they receive the guidance they need whenever they desire it."
Participants for Pilot Being Sought
Corporate Central said it is looking for a small group of credit unions to pilot an ACH Analytics service.
‘Valuable Insights’
“This service provides valuable insights into ACH transactions, tailored to the specific needs of each credit union,” Corporate Central said. “Reports can be generated based on various criteria, including transaction types, specific routing numbers, death notifications, IATs, and more. These reports are delivered securely from the Federal Reserve, ensuring that credit unions have the information they need to make informed decisions.”
CUs interested in participating should email memberservices@corpcu.com.