Caspian One Open Data and First West partner to roll out the Interac® verification service
Through this partnership, First West becomes one of the first credit unions to implement the Interac verification service, allowing members to verify their identity using their existing online banking credentials. This simplifies onboarding processes, enhances security, and improves the overall digital experience for members. This implementation is also the first of what is anticipated to be multiple innovative digital use cases, including future capabilities like cash flow optimization for our SME clients and streamlined automated account opening.
At the heart of this initiative is Caspian's open data platform, which acts as a conduit between financial institutions and third-party service providers. By leveraging this infrastructure, First West can securely and rapidly connect with multiple fintech partners without the need for custom integrations—reducing implementation timelines from months to weeks or even days.
'At First West, we're always looking for ways to make our members' lives easier and more secure,' said Darrell Jaggers, Chief Transformation Officer at First West Credit Union. 'This step forward with open data made possible through our partnership with Caspian is more than a technology upgrade—it's about building trust, simplifying everyday moments, and making sure our members feel confident and cared for in their digital interactions. We're proud to be leading the way in bringing this kind of innovation to the credit union space.'
This initiative is part of a broader collaboration involving Credit Union Central of Canada (CUCC) and a growing network of credit unions committed to leveraging open data to enhance the member experience. Alongside First West, early adopters of Caspian's infrastructure include Prospera Credit Union, Libro Credit Union, Uni Financial, Affinity Credit Union, and Meridian Credit Union. These institutions are working together to demonstrate the power of cooperative innovation in the financial services sector.
The partnership builds on a foundational agreement announced in 2024, when the Large Credit Union Coalition (LCUC) selected Caspian as its preferred partner to deliver the Credit Union System Open Data Solution. This solution is tailored for Canada and enables secure data sharing through APIs—technology that lets different systems exchange information safely. It also includes tools to manage member consent and shared services, helping credit unions innovate while keeping member data protected.
'This collaborative launch with First West and other Canadian credit unions is a monumental milestone, unequivocally proving that Open Data is not a concept for tomorrow; it is live and ready for adoption today,' says Lewis Poe, CEO of Caspian One Open Data. 'This means cutting-edge financial accessibility for every Canadian, from a pensioner in Yellowknife to a new arrival from Mumbai. We encourage credit unions across the country to join First West and leverage this immediate opportunity to collectively shape Canada's financial future.'This initiative also aligns with broader industry goals to eliminate problematic practices like screen scraping and to prepare for the eventual rollout of open banking in Canada. By adopting open data standards today, credit unions can future-proof their digital infrastructure and deliver more value to their members.
As the financial services landscape evolves, First West, Caspian, CUCC, and their credit union partners invite others in the ecosystem to join this growing movement—working together to build a more connected, secure, and member-centric future.
For fintechs and credit unions interested in partnering, contact: info@caspian-opendata.com
About First West Credit Union First West Credit Union brings together the best of both worlds, combining the scale, stability and solutions of a leading Canadian financial institution with the care and community leadership of a local cooperative. Powered by the leadership of Launi Skinner, First West is Canada's premier multi-brand credit union, serving 283,000 members through four admired community brands: Envision Financial, Valley First, Island Savings, and Enderby & District Financial. With approximately $20 billion in total assets and assets under administration, First West makes it easy for its members to get impactful, practical advice and personalized service that's truly in their best interests, through 45 branches across B.C., a Member Advice Centre and leading digital tools.
Since 2010, First West has given back more than $41 million to its communities, while cultivating a culture with its 1,250 team members that is recognized nationally with Canada's Most Admired Cultures Award, BC's Top Employers Award, 5-Star Psychological Safety Award, and the Canadian Workplace Wellbeing Award. Learn more at firstwestcu.ca and see how we're redefining banking to create a future where everyone can flourish.
About Caspian One Open DataCaspian One Open Data is a secure and innovative open data platform that empowers financial institutions to participate in the open banking revolution. We offer a unique point-to-point data access solution strategically aligned with the upcoming Canadian regulations. By partnering with Caspian One, our clients and partners can leverage our secure fintech ecosystem to unlock new financial products, foster innovation and achieve regulatory compliance. For more information, visit www.caspian-opendata.com
CONTACT: Josh Juhlke First West Credit Union jjuhlke@firstwestcu.ca Paul Brandner Caspian One Open Data paul.brandner@caspian-opendata.comSign in to access your portfolio
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In some cases, you can identify forward-looking statements by terminology such as 'will', 'may', 'should', 'expects', 'plans', or 'anticipates' or the negative of these terms or other comparable terminology. All statements included herein, other than statements of historical fact, are forward-looking statements, including but not limited to, the use of proceeds raised from the Offering, including without limitation the funding of engineering, environmental, and early-stage permitting activities at the Company's Berg Project and the completion of a PFS and advancement into the EA process, the size of the Concurrent Private Placement, the anticipated closing date of the Concurrent Private Placement, closing of the Concurrent Private Placement, including receipt of all necessary approvals required therefor. There can be no assurance that any future studies, including a PFS, will confirm the economic or technical viability of the Berg Project or result in a production decision. 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These statements are only predictions and involve known and unknown risks, uncertainties, and other factors that may cause the Company's actual results, level of activity, performance, or achievements to be materially different from any future results, levels of activity, performance, or achievements expressed or implied by these forward-looking statements. 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There is an amended offering document dated July 16, 2025 (the "Amended Offering Document") related to the Offering that can be accessed under the Company's profile at and on the Company's website at: The closing of the Offering remains subject to the final approval of the TSX Venture Exchange (the "TSXV"). This news release does not constitute an offer to sell or a solicitation of an offer to buy nor shall there be any sale of any of the securities in any jurisdiction in which such offer, solicitation or sale would be unlawful, including any of the securities in the United States of America. The securities referred to in this news release have not been, and will not be, registered under the U.S. Securities Act or any U.S. state securities laws, and may not be offered or sold in the United States or to, or for the account or benefit of, U.S. persons, absent registration or any applicable exemption from the registration requirements of the U.S. Securities Act and applicable U.S. state securities laws. About Southern Silver Exploration Corp. Southern Silver Exploration Corp. is an exploration and development company with a focus on the discovery of world-class mineral deposits either directly or through joint-venture relationships in mineral properties in major jurisdictions. Our specific emphasis is the 100% owned Cerro Las Minitas silver-lead-zinc project located in the heart of Mexico's Faja de Plata, which hosts multiple world-class mineral deposits such as Penasquito, Los Gatos, San Martin, Naica and Pitarrilla. We have assembled a team of highly experienced technical, operational and transactional professionals to support our exploration efforts in developing the Cerro Las Minitas project into a premier, high-grade, silver-lead-zinc mine. Located in the same State as the Cerro Las Minitas property is the newly acquired Nazas property. Our property portfolio also includes the Oro porphyry copper-gold project and the Hermanas gold-silver vein project where permitting applications for the conduct of a drill program is underway, both located in southern New Mexico, USA. On behalf of the Board of Directors "Lawrence Page"Lawrence Page, & Director, Southern Silver Exploration Corp. For further information, please visit Southern Silver's website at or contact us at 604.641.2759 or by email at corpdev@ Neither TSXV nor its Regulation Services Provider (as that term is defined in the policies of the TSXV) accepts responsibility for the adequacy or accuracy of this release. This news release contains forward-looking statements. Forward-looking statements address future events and conditions and therefore involve inherent risks and uncertainties. Actual results may differ materially from those currently anticipated in such statements. In particular, this press release contains forward-looking information relating to, among other things, the final approval of the Offering from the TSXV and the intended use of proceeds of the Offering. These statements are based on a number of assumptions, including, but not limited to, general economic conditions, interest rates, commodity markets, regulatory and governmental approvals for the Company's projects, and the availability of financing for the Company's development projects on reasonable terms. Factors that could cause actual results to differ materially from those in forward looking statements include the timing and receipt of government and regulatory approvals, and continued availability of capital and financing and general economic, market or business conditions. THIS NEWS RELEASE IS NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES To view the source version of this press release, please visit
