Coca-Cola CU (CCCU), an Atlanta-based credit union serving the employees of The Coca-Cola Company and their immediate families, has picked Bankjoy to provide online and mobile banking services for its members. The new platform will include billpay, mobile deposit, PFM, card services, and wire transfers, as well as a major redesign of CCCU’s website.
CCCU IT manager Farhan Jadavji found a lot to like in Bankjoy’s offering, crediting the technology for being “agile and innovative” and “supporting the trends of cross-generational demographics.” Jadavji listed “greater productivity, improved efficiencies, and increased security” among the reasons why it was “easy to select Bankjoy as our partner.” Bankjoy CEO Michael Duncan added, “Coca-Cola Credit Union has a clear vision of the omnichannel experience it wants to create for its members. No two credit unions are the same, nor should they be.”
Founded in 2015 and headquartered in Detroit, Michigan, Bankjoy demonstrated its Bankjoy API at FinovateFall 2016. The company has been on a tear in recent months, signing partnerships with three credit unions last month. And these partnerships are in addition to the deployments with two other FCUs that Bankjoy announced back in December. The Y-Combinator alum partnered with payments solution provider Payveris in February, leveraging the company’s suite of open APIs to add to the features like business payments and external account transfers to its offerings for credit unions.