AUSTIN, Texas — Jwaala, a provider of mobile and online banking solutions to U.S. financial institutions, Tuesday said it has signed its 100th client in the credit union space — Palisades Federal Credit Union, Pearl River, N.Y.
The $152 million CU will be going live with Jwaala's Ignite platform for digital banking later this year, when the credit union converts to Synergent for its data processing.
According to Tony Molina, president and CEO of Palisades FCU, several factors influenced the credit union's decision to switch to Jwaala's platform, one of which was the fact Jwaala is a Synergent preferred digital banking partner.
"I was already familiar with Jwaala," Molina said in a statement. "I really appreciate the high level of customizability and also like the built-in personal financial management (PFM) tools. I am confident that Jwaala's platform will provide an exceptional user experience for our members."
"One hundred credit unions is an exciting milestone," said Jwaala CEO Andrew Taylor. "We are very happy to be celebrating this moment with Palisades FCU and Synergent. Synergent is an exceptional organization and a valued partner. We are grateful for the relationship we hold with them and look forward to serving many more mutual clients."
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