Credit Unions Investing in Tech: Trends & Strategies
Jovia Financial Credit Union has strategically invested in and leveraged fintech partnerships to streamline lending and enhance security. “The way we select fintech partners is driven by alignment with our mission and the ability to enhance member experience,” Klemenz said. “We look for solutions that simplify banking while maintaining security and efficiency.”
One notable partnership is with Clutch, which has significantly improved loan and deposit origination. Additionally, Jovia’s collaboration with Alloy and NeuroID has resulted in a 35% reduction in daily fraud cases. “These tools provide real-time fraud detection and prevention, giving our members peace of mind,” Klemenz explained.
Jovia is also expanding its focus on…
