COLUMBUS, Ohio– Sherpa Technologies and StrategyCorps sad they have entered into a strategic partnership to offer credit unions enhanced checking products and “innovative digital user experiences.”
The companies aid the offerings will have “greater appeal to today’s members’ needs, are different from the competition, and create deeper member relationships.”
According to Sherpa Technologies, a CUSO of Corporate One, the partnership includes integration of Sherpa’s Mosaic platform with StrategyCorps’ platform to deliver enhanced operational efficiency and to support the incorporation of Sherpa’s digital payment solution, Payigy, into BaZing, a robust rewards application offered by StrategyCorps.
“The StrategyCorps partnership aligns with Sherpa’s vision of enabling credit union access to innovative and proven fintech solutions,” said Keith Riddle, Sherpa’s CEO/president. “By combining StrategyCorps’ product profitability expertise and digital rewards solutions with Sherpa’s expansive suite of digital transformation solutions and integration services, credit unions can leverage a digital engagement platform containing configurable functionality to increase product profitability, and more importantly, enhance their overall member experience.”
According to the companies, StrategyCorps’ product suite includes the CheckingScore, which provides credit unions with a comprehensive overview of the current checking account segments and the profitability contribution for each segment, and the BaZing application, a customizable mobile rewards app.
‘Incorporated as Tile’
“With this partnership, Payigy will be incorporated as a ‘tile’ within the BaZing application by early Fall,” Sherpa Technologies said. “The addition of Payigy, which provides seamless digital payment options for a credit union’s indirect lending members, offers credit unions another solution to bundle into their rewards program, enabling their members even more incentive opportunities for using credit union products.”
StrategyCorps will also leverage Sherpa’s Mosaic platform as its standard integration services platform for streamlined implementation and more efficient data contribution, both of which allow for greater ease in access and use of data for deeper insights, the company said.
“If there were a banner hanging over the credit union marketplace in regard to keeping and growing membership, it would read ‘products are more important than ever,’” said StrategyCorps Partner Dave DeFazio. “Our solutions unlock financial productivity member loyalty, which results in deeper member relationships. Combined with Sherpa’s innovative product suite, Mosaic integration framework, and access to relationships with credit unions, this partnership provides a wonderful opportunity for us to help credit unions in need of better checking products that grow and retain membership.”
Sherpa Technologies said StrategyCorps is also evaluating the integration of ID-Pal, a digital identity verification and KYC solution offered exclusively through Sherpa, with the BaZing application to support more efficient onboarding.