Latest news with #equipifi
Malaysian Reserve
23-06-2025
- Business
- Malaysian Reserve
IHMVCU Launches In-House Buy Now, Pay Later for More Member Flexibility
Members can now split purchases over time using their IHMVCU debit card and checking account MOLINE, Ill., June 23, 2025 /PRNewswire/ — IH Mississippi Valley Credit Union (IHMVCU), headquartered in Moline, IL, and serving more than 143,000 members with over $2.1 billion in assets, has introduced a Buy Now, Pay Later (BNPL) option to its digital banking lineup. This new feature enhances IHMVCU's commitment to financial flexibility by providing members with even more convenient and accessible tools within their digital banking experience. To power its BNPL solution, IHMVCU has partnered with equipifi, a leading platform built specifically for financial institutions. Through this integration, members can easily view and accept personalized, pre-qualified BNPL offers directly within their digital banking experience, with funds deposited into their checking account within minutes. The program is designed to support members throughout their entire shopping journey – offering a pre-purchase option for accessing additional funds in advance, as well as a post-purchase feature that transforms eligible debit card transactions into manageable installment payments. 'IHMVCU is dedicated to providing our members with convenient financial solutions tailored to their unique paths toward financial success,' said Brian Laufenberg, President and CEO of IHMVCU. 'By launching an in-house BNPL with equipifi, we're empowering our members with flexible, secure, and convenient options, giving them greater confidence and peace of mind as they manage their everyday finances.' 'BNPL is a powerful tool when provided by credit unions because it creates financial flexibility and opportunities for their entire membership in a way that is safe and tailored for individual members,' said Bryce Deeney, co-founder and CEO of equipifi. 'By launching the solution in their digital banking experience, credit unions like IHMVCU are positioning themselves to better serve their members, from everyday budgeting decisions to unexpected expenses.' More than sixty credit unions have introduced their own Buy Now, Pay Later (BNPL) offerings to members. According to equipifi data, over 81% of users continue to utilize BNPL into their second year, with overall usage rising by 38%. In the U.S., BNPL adoption is expected to grow at a compound annual rate of 25.5% between 2022 and 2026. About IHMVCUIHMVCU Credit Union is over 143,000 members strong and has over $2B in assets. Our continued growth is a direct result of the trust our members place in us and the advantages we provide to them. For more information, visit About Equipifiequipifi is the leading Buy Now, Pay Later (BNPL) platform for financial institutions in the United States. This is a white label solution designed to align with consumer purchase habits, payment preferences, and financial goals. The Equipifi platform seamlessly integrates with leading banking cores and digital banking platforms to deepen customer engagement, grow market share, increase revenue, and provide a single place to view, accept, and manage BNPL plans on their existing banking app. For more information, please visit
Yahoo
23-06-2025
- Business
- Yahoo
IHMVCU Launches In-House Buy Now, Pay Later for More Member Flexibility
Members can now split purchases over time using their IHMVCU debit card and checking account MOLINE, Ill., June 23, 2025 /PRNewswire/ -- IH Mississippi Valley Credit Union (IHMVCU), headquartered in Moline, IL, and serving more than 143,000 members with over $2.1 billion in assets, has introduced a Buy Now, Pay Later (BNPL) option to its digital banking lineup. This new feature enhances IHMVCU's commitment to financial flexibility by providing members with even more convenient and accessible tools within their digital banking experience. To power its BNPL solution, IHMVCU has partnered with equipifi, a leading platform built specifically for financial institutions. Through this integration, members can easily view and accept personalized, pre-qualified BNPL offers directly within their digital banking experience, with funds deposited into their checking account within minutes. The program is designed to support members throughout their entire shopping journey – offering a pre-purchase option for accessing additional funds in advance, as well as a post-purchase feature that transforms eligible debit card transactions into manageable installment payments. "IHMVCU is dedicated to providing our members with convenient financial solutions tailored to their unique paths toward financial success," said Brian Laufenberg, President and CEO of IHMVCU. "By launching an in-house BNPL with equipifi, we're empowering our members with flexible, secure, and convenient options, giving them greater confidence and peace of mind as they manage their everyday finances." "BNPL is a powerful tool when provided by credit unions because it creates financial flexibility and opportunities for their entire membership in a way that is safe and tailored for individual members," said Bryce Deeney, co-founder and CEO of equipifi. "By launching the solution in their digital banking experience, credit unions like IHMVCU are positioning themselves to better serve their members, from everyday budgeting decisions to unexpected expenses." More than sixty credit unions have introduced their own Buy Now, Pay Later (BNPL) offerings to members. According to equipifi data, over 81% of users continue to utilize BNPL into their second year, with overall usage rising by 38%. In the U.S., BNPL adoption is expected to grow at a compound annual rate of 25.5% between 2022 and 2026. About IHMVCUIHMVCU Credit Union is over 143,000 members strong and has over $2B in assets. Our continued growth is a direct result of the trust our members place in us and the advantages we provide to them. For more information, visit About Equipifiequipifi is the leading Buy Now, Pay Later (BNPL) platform for financial institutions in the United States. This is a white label solution designed to align with consumer purchase habits, payment preferences, and financial goals. The Equipifi platform seamlessly integrates with leading banking cores and digital banking platforms to deepen customer engagement, grow market share, increase revenue, and provide a single place to view, accept, and manage BNPL plans on their existing banking app. For more information, please visit View original content to download multimedia: SOURCE equipifi
Yahoo
16-06-2025
- Business
- Yahoo
Vantage West Credit Union Launches BNPL to Expand Financial Inclusion
Arizona credit union increases member access to flexible financing by enabling them to split their eligible debit card purchases to pay over time TUCSON, Ariz., June 16, 2025 /PRNewswire/ -- Vantage West Credit Union (Vantage West), a credit union headquartered in Tucson, Arizona with over $3 billion in assets and serving over 200,000 members, has added Buy Now, Pay Later (BNPL) to its suite of online banking products. With the launch of this program, accessible through its digital banking experience, Vantage West is expanding access to financial flexibility for its entire membership. Vantage West has selected equipifi, a leading BNPL platform designed for financial institutions, to power its solution. Now, whenever members make eligible purchases on their existing credit union debit card, they will be able to split the payments for these transactions over time. Through equipifi, Vantage West's BNPL program generates offers that are personalized to each member's financial context and goals. Members will be able to view and accept their BNPL offers in their digital banking experience and receive the funds in their checking account in moments. "Vantage West exists to serve our community by providing financial tools that align with their evolving needs," said Sandra Sagehorn-Elliott, President and CEO of Vantage West. "By launching BNPL with equipifi, we are delivering a much-needed service that not only benefits our membership but also caters to their individual needs. We're excited to bring expanded access to flexible financing to our membership, and to continue to help them thrive." "BNPL is a powerful tool when provided by credit unions because it creates financial flexibility and opportunities for their entire membership in a way that is safe and tailored for individual members," said Bryce Deeney, co-founder and CEO of equipifi. "By launching the solution in their digital banking experience, credit unions like Vantage West are positioning themselves to better serve their members, from everyday budgeting decisions to unexpected expenses." Over sixty credit unions have launched their own BNPL product to their members. equipifi's data shows that over 81 percent of members continue to use BNPL in year two, with overall usage increasing by 38 percent. In the US, BNPL is projected to grow at a compounded annual rate of 25.5 percent between 2022-2026. About Vantage West Credit UnionStriving to provide its members with the personalized service, knowledge and honesty they deserve in a financial partner, Vantage West is proud to be among the largest credit unions in Arizona. From a one-room Air Force barrack 70 years ago to $3 billion in assets and serving over 200,000 members, Vantage West has been dedicated to earning and rewarding the loyalty of the people and communities they serve, so they can all thrive together. Learn more at About equipifi equipifi is the leading Buy Now, Pay Later (BNPL) platform for financial institutions in the United States. This is a white label solution designed to align with consumer purchase habits, payment preferences, and financial goals. The equipifi platform seamlessly integrates with leading banking cores and digital banking platforms to deepen customer engagement, grow market share, increase revenue, and provide a single place to view, accept, and manage BNPL plans on their existing banking app. For more information, please visit View original content to download multimedia: SOURCE equipifi; Vantage West Sign in to access your portfolio
Yahoo
04-06-2025
- Business
- Yahoo
Sunward Launches Buy Now, Pay Later Feature to Members, First in New Mexico
Members now get more funds to pay for eligible purchases over time ALBUQUERQUE, N.M., June 4, 2025 /PRNewswire/ -- As more people look to credit unions they know and trust to help navigate their financial needs, Sunward Federal Credit Union (Sunward) announced today that it has added Buy Now, Pay Later (BNPL) to its suite of online banking products in an effort to meet members' shifting payment preferences. Serving over 165,000 members across 16 locations across the Southwest and in California, Sunward is the first New Mexico-based credit union to launch BNPL for its members. This new solution is designed to help Sunward members better manage their budget and access funds to make the purchases they need. Launched in partnership with equipifi, a leading BNPL platform designed for financial institutions, this BNPL program is available to Sunward members through their existing credit union debit cards and checking accounts, embedded within online banking. All offers are pre-qualified and personalized to the member's financial context, ensuring the process is easy and intuitive. "We build our offerings to meet our members where they are and to provide them with an excellent banking experience," said Alex de la Cruz, Executive Vice President at Sunward. "With the launch of BNPL, we are elevating our service offerings with financing options personalized to fit how our members actually live and bank." "BNPL is a must-have tool for consumers to stretch their budget and to achieve their long-term financial goals. For years, they have been asking for it from their trusted financial institutions," said Bryce Deeney, CEO and co-founder of equipifi. "Credit unions have been quick to respond with the solution their members need. By launching flexible payment options, Sunward is committing to a better banking experience for their membership." About Sunward Federal Credit Union Sunward Federal Credit Union is one of New Mexico's largest credit unions, serving over 165,000 members and managing more than $4.2 billion in assets. Formed in 1948 by employees of Sandia National Laboratories, Sunward's footprint spans 16 branches across the Southwest including New Mexico, Colorado and California. Sunward has been named Albuquerque's Best Bank in 2024 by the Albuquerque Journal's Readers' Choice Awards. Anyone can apply to open an account, and members can enjoy access to checking, savings, mortgage, auto, credit card and investment services. Federally insured by NCUA. Equal Housing Lender. For more information, visit About equipifi equipifi is the leading Buy Now, Pay Later (BNPL) platform for financial institutions in the United States. This is a white label solution designed to align with consumer purchase habits, payment preferences, and financial goals. The equipifi platform seamlessly integrates with leading banking cores and digital banking platforms to deepen customer engagement, grow market share, increase revenue, and provide a single place to view, accept, and manage BNPL plans on their existing banking app. For more information, please visit View original content to download multimedia: SOURCE equipifi
Yahoo
20-05-2025
- Business
- Yahoo
Apple Federal Credit Union Partners with equipifi to Launch PayAdvantage, First in Virginia
Virginia credit union invests in greater financial flexibility and an effortless banking experience by offering Buy Now, Pay Later to members for their debit card purchases FAIRFAX, Va., May 20, 2025 /PRNewswire/ -- Apple Federal Credit Union (Apple FCU), a financial institution with over $5.3 billion in assets and serving nearly 270,000 members in Northern Virginia, announced that it has added a Buy Now, Pay Later (BNPL) type solution to its suite of online banking products. Branded PayAdvantage, the offering reflects the post-purchase finance nature of its installment options. Apple FCU selected equipifi, a leading BNPL platform designed for financial institutions, to power its solution, and is the first credit union in Virginia to make this service available. Now, whenever Apple FCU members make eligible purchases on their existing credit union debit card, they will be able to split the payments for these transactions over time. Through equipifi, Apple FCU's PayAdvantage program generates personalized offers to each member's financial context and goals, meeting them where they are with timely access to extra funds. Members will be able to view and accept their PayAdvantage offers in their digital banking experience, and receive the funds in their checking account, typically in moments. "Flexible financing should be intuitive and effortless, and it's our role as a trusted financial institution to provide a prompt and caring solution to our members," said John Ritchey, Senior Vice President of Lending at Apple FCU. "Partnering with equipifi, our in-house program generates pre-qualified loans tailored for individuals, taking the waiting and uncertainty out of the financing process." "BNPL is a must-have tool for consumers to stretch their budget and to achieve their long-term financial goals. For years, they have been asking for it from their trusted financial institutions," said Bryce Deeney, CEO and co-founder of equipifi. "Credit unions have been quick to respond with the solution their members need. By launching flexible payment options, Apple Federal Credit Union is committing to a better banking experience for their membership." Apple FCU joins many credit unions that are first to launch such a solution in their home state. Over sixty credit unions have launched their own BNPL product to their members. equipifi's data shows that over 81 percent of members continue to use BNPL in year two, with overall usage increasing by 38 percent. In the United States, BNPL is projected to grow at a compounded annual rate of 25.5 percent between 2022-2026. About Apple Federal Credit Union Established in 1956, Apple FCU is ranked as a top 100 credit union nationwide, serving nearly 270,000 members with $5.3 billion in assets. As a not-for-profit, member-owned institution, Apple serves a diverse community of local education systems and anyone who lives/works in Fairfax, Frederick and Prince William counties in Virginia. Members receive fair and honest products and services at competitive rates in a trusted environment. Apple is committed to making a positive impact locally, not only in financial services, but also in community involvement, financial literacy and charitable giving. Learn more at Federally insured by NCUA. Equal Housing Lender. About equipifi equipifi is the leading Buy Now, Pay Later (BNPL) platform for financial institutions in the United States. This is a white label solution designed to align with consumer purchase habits, payment preferences, and financial goals. The equipifi platform seamlessly integrates with leading banking cores and digital banking platforms to deepen customer engagement, grow market share, increase revenue, and provide a single place to view, accept, and manage BNPL plans on their existing banking app. For more information, please visit View original content to download multimedia: SOURCE equipifi
