Fintech company Procurity, an automated quality assurance service platform for banks and credit unions, today announced that Coastal Community Credit Union (CCCU) will leverage Procurity’s Testing as a Service Product. CCCU is the largest Credit Union based on Vancouver Island and the Gulf Islands in British Columbia, and one of the top 20 Credit Unions in Canada. With this agreement, Procurity has now established a presence within the Canadian Market.
Nicki Rudrum, Vice President, Operations, Compliance & Privacy Officer at CCCU, said, “We were impressed with Procurity’s innovative approach to automation. Procurity streamlines our back office, allowing our people to focus on the results of testing, rather than the tasks of testing. Ultimately, this technology frees up people-hours, allowing us to work on more mission critical applications.”
“Coastal Community Credit Union has always been a pioneer in Financial Technology,” said Steve Riley, CEO of Procurity. “By expanding their automated capabilities they are better able to serve their members and their community. We are proud to have them as part of the Procurity family!”
About Coastal Community Credit Union Improving financial health, enriching lives, and building healthier communities…These are at the core of who we are and what we do at Coastal Community Credit Union (CCCU). With these as our focus areas, we continue to grow our position as the largest financial services organization based on Vancouver Island and the Gulf Islands, while remaining among the largest credit unions in British Columbia. In order to help our members and clients improve their financial health, CCCU’s family of companies offers a wide range of products, services and expertise in personal, business and commercial banking, general and commercial insurance* and wealth management**.
About Procurity Founded in 2018, Procurity’s Testing as a Service provides financial institutions with an automated process to test Core Software upgrades and updates as well as ancillary software solutions. This automated testing platform allows financial institutions to increase speed to market, lowering operational costs and increasing customer and member satisfaction. In addition, the automated platform mitigates operational and IT risk, reducing the likelihood of breaches by ensuring patches, upgrades and enhancements are installed and tested as soon as possible.