"CO-OP is the first provider to offer a complete API suite, paving the way for greater access to mobile and online banking technology for credit unions and their members," said Stan Hollen, President/CEO, CO-OP. "With the CO-OP API Suite, credit unions can cost-effectively expand their mobile/virtual portfolios to meet growing member demand, while retaining the flexibility to add only those functions into their branded channels that work best for them."
The CO-OP API Suite is led by CardNav by CO-OP API. CardNav was unveiled last year as a standalone mobile app that lets credit union members manage their cards on the fly. The app allows members to set preferences for when, where and how their cards are used, get near real-time alerts and push notifications, and even turn their cards off or on with the touch of a finger. Now available as an API, credit unions can take advantage of CardNav functionality by providing it to their members directly from their own mobile apps.
In addition to the CardNav API, the CO-OP API Suite offers customizable versions of CO-OP mobile/virtual products, including the new RealPay by CO-OP person-to-person payments network; CO-OP Bill Pay, remote deposit capture, Member Rewards by CO-OP and CO-OP Shared Branch and CO-OP ATM locators.
The CO-OP API Suite also offers seamless back end integration, allowing for simple management and connectivity to existing programs.
"With the CO-OP API Suite, credit unions can save time and resources by utilizing CO-OP's solutions, while maintaining their own brand identity," said Hollen. "In addition, CO-OP is positioned to expand our API suite as mobile and online technology advance, making it easy for credit unions to stay relevant in these fast-evolving arenas."
CO-OP is hosting a free webinar on "Will APIs Revolutionize Your Apps?" scheduled for 11 a.m. Pacific time/2 p.m. Eastern time on Tuesday, August 11. To register visit www.co-opfs.org/APIWebinarRegistration.
About CO-OP Financial Services
Based in Rancho Cucamonga, Calif., and founded in 1981, CO-OP Financial Services is the nation's largest credit union service organization in terms of number of credit unions, assets and members. The company helps credit unions thrive by providing products and services that make it more convenient for members to do business with them. With a motto of "Be There. Be More," CO-OP's products fall into three business lines, including "Locations," (ATM, shared branching and call center services); "Card Payments" (debit and credit processing) and "Mobile/Virtual" (mobile, online, check imaging, bill pay services). To learn more visit www.co-opfs.org.