DUCA expands long-term relationship with ASAPP to provide digital onboarding and lending experiences to its members

TORONTO, ON, CANADA, July 7, 2022 /EINPresswire.com/ — DUCA Financial Services Credit Union Ltd. (DUCA), one of the top 20 fastest growing credit unions in Canada, has extended its relationship with ASAPP Financial Technology Inc. (ASAPP) for the delivery of omnichannel member onboarding technology to in August 2027. The new agreement between the long-standing strategic partners will see DUCA expand its use of the ASAPP OXP | Omnichannel experience platform to leverage secured and unsecured loan origination and decision capabilities. These new features, in addition to existing account creation feature sets, will allow DUCA to continue to expand its ability to deliver its products to member retailers and businesses from anywhere, anytime and on any website. what device.

Doug Conick, President and CEO of DUCA, underscored the growing importance of digital onboarding as part of DUCA’s strategy: “The past few years have proven that our strategy of enabling members to access our products and services when and where they want them is an essential part of being a member-centric financial institution that always offers more to our members. He added: “Our investments in basic banking services and the improvement digital banking combined with member experience software like ASAPP are key commitments to deliver on our promises to members.”

While ASAPP and DUCA have worked together for over 9 years on everything from award-winning marketing campaigns and website development to complex web application technology, the past 3 years have seen the strategic partnership focus primarily on the launch of ASAPP and the integration with the core of DUCA. banking system. Aron Rogers, Chief Technology Officer, said, “Renewing our relationship with ASAPP was more than just a selection of software. The ASAPP team is a real partner concerned about the quality of their service but also about the relationships they forge with their partners. This year, DUCA has taken the lead role in a customer-partner enhancement to the ASAPP platform which will see straight-through processing become available with the next release of ASAPP OXP version 13, in September. Rogers added, “We are proud to lead this enhancement that will deliver real-time, end-to-end account opening experiences for DUCA. We are also excited to work with ASAPP over the next 5 years to make innovative improvements to how members interact with our credit union brand.

JR Pierman, President and CEO of ASAPP, is both proud and grateful for the long-standing relationship with DUCA. “As we complete our 10th year of working with DUCA as a key client-partner, our team greatly appreciates the innovative ideas that DUCA always brings to our partnership.” He added, “We are also proud of DUCA’s accomplishments over the past decade in leveraging ASAPP’s products, services and strategies to provide members with the kind of modern banking relationship they seek. We look forward to continuing this journey with DUCA. »

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About DUCA Financial Services Credit Union

DUCA Financial Services Credit Union Ltd. (DUCA) was established in 1954 and has grown from a one-branch credit union in Toronto to 17 branches in the GTA and central Ontario with over 86,000 members and over $6 billion in total assets, including assets under management. DUCA provides comprehensive personal and corporate banking services through an innovative cooperative banking model. With no-fee banking, attractive mortgage and loan rates, a profit-sharing program that rewards members, and a commitment to communities, DUCA is a great way to bank. For more information, visit www.duca.com.

About ASAPP Financial Technology

ASAPP provides personalized experience software and platform strategy solutions that create sustainable competitive advantages for regulated financial services providers as they compete with direct-to-consumer fintech solutions. ASAPP OXP is Canada’s most comprehensive omnichannel experience platform for the financial services industry.

Tony Dunham
Financial Technology ASAPP
+1 705-297-2276
write to us here

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