ANAHEIM, Calif.--(BUSINESS WIRE)--Cotribute, an award-winning embeddable fintech platform helping community financial institutions grow deposits, loans and memberships, today announced it has been named a 2024 Banking Tech Awards USA finalist in the “Best Embedded Finance Solution” and “Best Community Bank/Credit Union Modernization” categories. Now in its third year, the Banking Tech Awards USA, program produced by Fintech Futures celebrates the nation’s financial services sector and the outstanding achievements and successes of companies, strategic partnerships and individual professionals who have demonstrated exceptional innovation, performance, leadership and transformative impact this past year.
Cotribute’s Digital Platform was recognized for its modern infrastructure, comprehensive functionality and fully realized suite of modules that deliver clear and measurable improvements to credit unions and banks. It is a tremendous growth engine that enables institutions to easily embed financial products across their ecosystem, bolstering deposits and loans, driving margin growth and expand onboarding capabilities across various channels to engage customers and provide a modern, neo-bank experience. The platform’s decision intelligence capabilities, driven by advancements in AI, enables institutions to automate manual tasks, make informed decisions that drive operational excellence, optimize resource allocation and facilitate touchless, efficient back-office processes.
Cotribute’s CEO, Philip Paul, said, “We are honored to be acknowledged by such an esteemed industry award. This further underscores our mission to help credit unions and community banks deliver incredible digital experiences, while serving their customers where, when and how they want to be served. The platform combines a compelling user experience, analytics, workflow and AI, extending an institution’s existing infrastructure and providing powerful decision intelligence capabilities. This is the future and we are proud to partner with banks and credit unions as they embrace this paradigm shift.”
Additionally, Rocky Hill, Conn.-based Nutmeg State Financial Credit Union (43,000 members, $565 million assets) was named a finalist in the Best category for its successful deployment of Cotribute’s Digital Platform. Cotribute’s collaboration with the credit union spans more than two years and has propelled the credit union to the forefront of digital banking, setting a new standard for member experiences and operational efficiency. This award recognizes the credit union’s successful application of innovative technology to remain relevant, delight customers, support employees and stay ahead of the competition.
The full list of the Banking Tech USA finalists can be viewed here. The winners of each category will be announced during an awards ceremony in New York City on May 30, 2024.
About Cotribute
Cotribute is an award-winning fintech platform that enables profitable revenue and member growth for credit unions. Cotribute’s capabilities include embedded digital account opening, loan application, member onboarding, smart cross-selling, fraud guard+, analytics and SEG/community engagement programs. Cotribute’s clients range from Fortune 500 financial institutions operating across the US to small regional credit unions. Cotribute is built on blazing-fast cloud-based micro-services architecture, is SOC2 Type 2 certified, seamlessly integrates with core systems and is on a mission to deliver beautiful digital experiences to every member. For more information, visit www.cotribute.com and connect with the company on LinkedIn.
About The Banking Tech Awards
The Banking Tech Awards USA is brought to you by FinTech Futures, the global market intelligence platform for financial services technology. The US is home to many of the world’s top financial services centers and a rapidly expanding financial technology market. These awards were developed to celebrate this incredible sector and the outstanding achievements and successes of the United States’ best and brightest.
To learn more, visit: https://informaconnect.com/banking-tech-awards-usa/
