X

BIG News

23May

Blockchain CUSO CULedger Joins WOCCU

The World Council of Credit Unions board of directors has unanimously approved CULedger, a U.S.-based credit union service organization, for WOCCU membership.

"We are pleased to welcome CULedger to our membership base, encourage their active participation to expand services provided to members and strengthen the global credit union movement,” World Council President and CEO Brian Branch said in a statement.


CULedger, which was founded by CUNA Strategic Services and Credit Union Strategic Partners, with coordination from CUNA, the Mountain West CU Association and Best Innovation Group, was formed to provide blockchain, identity and digital services to credit unions around the world. Its membership continues to grow, with PSCU, the world’s largest CUSO, announcing its membership last weekduring the group’s 2018 Member Forum in St. Louis.

World Council noted that CULedger has “successfully demonstrated a working proof of concept around a decentralized digital identification” for call center authentication.

CULedger has also established relationships with Evernym, Sovrin Foundation and Swirlds to “ensure international interoperability” with other digital identity systems.

“We’re honored to join World Council and are very passionate about their mission,” said John Ainsworth, president and CEO of CULedger. “We believe we’re uniquely positioned to help cooperatives stay relevant in the digital ecosystem and look forward to supporting them and their membership.”

CULedger will also participate in World Council’s annual general meeting and the world credit union conference to share updates on blockchain applications with the international membership.

 Read More

About the Author

Best Innovation Group

Best Innovation Group

BIG is an innovation think tank started by @JBFintech that points its clients in the right direction to achieve quicker adoption of cutting edge technologies.

Related

CULedger, Evernym Release Digital ID Blockchain For Credit Unions

CULedger, Evernym Release Digital ID Blockchain For Credit Unions

CULedger, a consortium of credit unions in the U.S., and Evernym, developer of distributed ledger te...

Read More >
A 'Mental Shift' After Crash Course In Distributed Ledger Technology

A 'Mental Shift' After Crash Course In Distributed Ledger Technology

Credit union professionals are getting a crash course in distributed ledger technologies thanks to a...

Read More >
This Week In Voice (Season 3, Episode 15) with guest Elizabeth Robins (Best Innovation Group)

This Week In Voice (Season 3, Episode 15) with guest Elizabeth Robins (Best Innovation Group)

Host Bradley Metrock (CEO, Score Publishing) discusses the #voicefirst news stories of the week with...

Read More >
Jack Henry Enables “Alexa Pay My Bill”

Jack Henry Enables “Alexa Pay My Bill”

Perhaps as a one year anniversary, Jack Henry has issued a press release regarding its Symitar® divi...

Read More >
Banking With Alexa: What Works, What Doesn’t

Banking With Alexa: What Works, What Doesn’t

The “fast-follower” strategy has been a perennial favorite among financial institutions. But that ...

Read More >
Best Innovation Group is First to Certify Amazon Alexa Skills for Credit Union Voice Banking Transactions.

Best Innovation Group is First to Certify Amazon Alexa Skills for Credit Union Voice Banking Transactions.

Best Innovation Group (BIG), a credit union innovation catalyst, today announced the certification o...

Read More >