Latest news with #AlfredArsenault
Cision Canada
10 hours ago
- Business
- Cision Canada
League Data successfully migrates 37 Atlantic credit unions to cloud-based modernized banking platform in 15 months Français
- This "first of its kind" core banking transformation streamlines operations, delivers personalized services and provides future-positioned solutions for credit unions HALIFAX, NS, June 25, 2025 /CNW/ - League Data, the centralized CIO and trusted technology partner of Atlantic credit unions for over 50 years, has successfully completed 37 conversions to the Mambu cloud-based core banking platform. With the final conversion of Mosaik Credit Union (June 13-15), League Data and its partners have accomplished this major digital transformation in just over a year. This accomplishment showcases a first of its kind core banking transformation of unprecedented scale in the Canadian financial sector and will future-proof the Atlantic Credit Union System for an evolving financial services landscape. "It's been a remarkable experience to lay the foundation for a more agile and scalable banking ecosystem. We have set a new benchmark for transforming core banking in a way that directly benefits members — making their financial lives simpler and smarter," says Alfred Arsenault, CEO at Provincial Credit Union & Board Chair for League Data. Collaboration was a central pillar in achieving this milestone as industry leaders such as AWS, Mambu, MuleSoft, Everlink, Central 1 and Persistent brought deep expertise to support this large-scale transformation. "This endeavor demonstrates what's possible when an entire ecosystem moves forward together with shared purpose and trust. I would like to thank all the credit unions and our partners who made this accomplishment possible. We are excited to start this new phase of modernization and build the momentum for a revolutionized credit union system," said Chad Griffin, CEO, League Data. The achievement was made even more meaningful as League Data marked its 50th anniversary this year in April. For five decades, League Data has empowered credit unions to better serve their members through cutting-edge and critical technology solutions for everyday banking. With the successful completion of this initiative, League Data will focus on opportunities to collaborate further with credit unions across the country. With a firm belief that together, the cooperative system is stronger and increased collaboration will create more opportunities to share knowledge and learn from one another. This new collaboration will explore financial technology solutions to grow the Canadian credit union system towards a viable future. All through cooperative values. About League Data As the centralized Chief Information Officer (CIO) for the Atlantic Credit Union System, League Data Ltd. provides technology leadership in the area of banking solutions, aligned with regional and national credit union system initiatives that support member growth and system efficiencies. League Data provides over 50 seamless, fully integrated technology solutions from key vendors to deliver a member-first experience while meeting the evolving banking needs of both credit unions and their members. SOURCE League Data Ltd.
Yahoo
10 hours ago
- Business
- Yahoo
League Data successfully migrates 37 Atlantic credit unions to cloud-based modernized banking platform in 15 months
- This "first of its kind" core banking transformation streamlines operations, delivers personalized services and provides future-positioned solutions for credit unions HALIFAX, NS, June 25, 2025 /CNW/ - League Data, the centralized CIO and trusted technology partner of Atlantic credit unions for over 50 years, has successfully completed 37 conversions to the Mambu cloud-based core banking platform. With the final conversion of Mosaik Credit Union (June 13-15), League Data and its partners have accomplished this major digital transformation in just over a year. This accomplishment showcases a first of its kind core banking transformation of unprecedented scale in the Canadian financial sector and will future-proof the Atlantic Credit Union System for an evolving financial services landscape. "It's been a remarkable experience to lay the foundation for a more agile and scalable banking ecosystem. We have set a new benchmark for transforming core banking in a way that directly benefits members — making their financial lives simpler and smarter," says Alfred Arsenault, CEO at Provincial Credit Union & Board Chair for League Data. Collaboration was a central pillar in achieving this milestone as industry leaders such as AWS, Mambu, MuleSoft, Everlink, Central 1 and Persistent brought deep expertise to support this large-scale transformation. "This endeavor demonstrates what's possible when an entire ecosystem moves forward together with shared purpose and trust. I would like to thank all the credit unions and our partners who made this accomplishment possible. We are excited to start this new phase of modernization and build the momentum for a revolutionized credit union system," said Chad Griffin, CEO, League Data. The achievement was made even more meaningful as League Data marked its 50th anniversary this year in April. For five decades, League Data has empowered credit unions to better serve their members through cutting-edge and critical technology solutions for everyday banking. With the successful completion of this initiative, League Data will focus on opportunities to collaborate further with credit unions across the country. With a firm belief that together, the cooperative system is stronger and increased collaboration will create more opportunities to share knowledge and learn from one another. This new collaboration will explore financial technology solutions to grow the Canadian credit union system towards a viable future. All through cooperative values. About League Data As the centralized Chief Information Officer (CIO) for the Atlantic Credit Union System, League Data Ltd. provides technology leadership in the area of banking solutions, aligned with regional and national credit union system initiatives that support member growth and system efficiencies. League Data provides over 50 seamless, fully integrated technology solutions from key vendors to deliver a member-first experience while meeting the evolving banking needs of both credit unions and their members. SOURCE League Data Ltd. View original content: Sign in to access your portfolio
CBC
07-05-2025
- Business
- CBC
Provincial Credit Union system upgrades will cause service interruptions this weekend
Social Sharing P.E.I.-based Provincial Credit Union will be upgrading its online and mobile banking systems this weekend, causing temporary interruptions for some kinds of transactions. Officials says the upgrades have been in the works for years, after multiple mergers led to 10 local branches across the Island with banking systems that weren't synchronized until now. Two main areas will be affected: The credit union's online platform will go down late Friday and won't be back online until late Sunday or early Monday. E-transfers will be interrupted from Friday, May 9, until the following Tuesday, May 13. Alfred Arsenault, CEO of the Provincial Credit Union, said some members were already experiencing interruptions with e-transfers on Monday. His advice to members: "If there are bills that you intended to pay over the weekend, it would be a really good idea to do them earlier, so prior to Friday." Members will still be able to receive money sent by e-transfer, but the credits may not appear in their account until the upgrades are finished on Tuesday. Most services unaffected Other services such as ATM, debit and credit card transactions should continue to operate as usual, the CEO said. Arsenault said that if customers need additional help or must make unscheduled payments on the weekend, they should come to the nearest branch or contact the credit union. "We can help them through other methods of making transfers," he said, mentioning cash and cheques as examples. "But that, again, is short-term." Arsenault said customers won't see immediate benefits from the changes, but the upgrades will be important later on. "Their online platform will look a lot more modern than the current one," he said, adding that they will able to view all their accounts through one sign-on, rather than multiple sign-ons. "I think that is a major upgrade for the system, and I'm sure members will appreciate that upgrade." All users have received new account numbers leading up to the system switchover, with old account numbers being embedded into the new ones. Previously authorized transactions, such as auto-deposit for paycheques, will continue to work with old account numbers.
