Infonancial Solutions

🌟 Day One of Momentum 2024 kicked off with incredible insights and engaging discussions! Sheila Vokey, President and CEO of Central 1, opened the conference by reflecting on the resilience and creativity we've seen within the system amid dynamic market changes. Her message was clear: "Change is upon us all, and we need to embrace it for a better path forward." An annual favorite - Senator Colin Deacon, in conversation with Julie Breuer, highlighted the Competition Bureau and Act, urging financial institutions to embrace the consumer-driven banking initiative, despite the absence of a national framework. We also heard from Tolga Yalkin, OSFI's Assistant Superintendent, who reviewed top-of-mind challenges, from AI to the federal continuance process, emphasizing collaboration with provincial regulators to tackle risk guidelines and regulations effectively. Fraud was a key topic, with experts from the Canadian Anti-Fraud Centre, Deloitte, and Central 1 examining the potential liability shift and the evolving role of financial institutions in combatting fraud as technology advances. Chief Economist Bryan Yu shared positive insights on declining inflation, interest rates, and the housing market outlook, supported by household resilience and savings. Breakout sessions covered consumer-driven banking, collaboration with fintechs, and the synergies required to build modern financial experiences. The day wrapped up with an insightful Future of Payments panel, where experts discussed Canada's journey in modernizing payments and financial institutions' role in enhancing access to data. We’re excited for Day Two and the continued innovation and collaboration at Momentum 2024! 🚀 #Momentum2024 #FintechInnovation #CreditUnions #Collaboration

🎉 Infonancial has been busy behind the scenes working on something exciting – our brand new look! We’re thrilled to unveil our fresh branding and brand new website as Momentum 2024 kicks off today! Check out the new Infonancial.com to explore all the updates. https://lnkd.in/g75ZpDnA #Momentum2024 #Infonancial #NewBranding #WebsiteLaunch #FintechInnovation

🌟 The InfoLend team is ready for Day 1 of Central 1 Momentum 2024! 🌟 Come find us in the Exhibit Hall (#K3) and be one of the first to see a public demo of our brand-new Loan Origination System! 🚀 InfoLend was specifically designed for Credit Unions, in partnership with Credit Unions, and we’re excited to hear your feedback and thoughts! We can't wait to show you how InfoLend can streamline your lending processes. See you at Momentum 2024! Avital Vahlis Ryan Mody Miles Wearing #Momentum2024 #CreditUnions #InfoLend #FintechInnovation

Infonancial is proud and thrilled to be attending Central 1 Momentum 2024 in Toronto on Tuesday, Oct. 29th and Wednesday, Oct. 30th! 🎉 Come visit us at Booth K3 in the exhibit hall—we’d love to connect, share insights, and explore new opportunities to help credit unions unlock the full potential of financial products for their members. 💼💡 Last year, one of our highlights was Senator Colin Deacon speaking with Central 1 CEO Sheila Vokey about consumer protection, open banking developments, and its opportunities for credit unions. What Sessions, Speakers, and Technologies are you most looking forward to this year? Drop your thoughts below!👇 #Momentum2024 #Infonancial #CreditUnions #ExhibitBoothK3

🚀 Join us in welcoming Ryan Mody to the Infonancial team! 🚀 We're excited to have Ryan on board as our new Product Management Intern, where he'll be working closely with our product and engineering teams to drive innovation and streamline processes. Ryan's background in computer science, combined with his passion for technology and product development, makes him a great fit for Infonancial as we continue to grow and develop cutting-edge solutions for credit unions. Ryan will also be attending Momentum 2024 later this month, where he’ll dive deep into the world of credit unions and get firsthand insight into the industry. We’re looking forward to his contributions and fresh perspective! Welcome to the team, Ryan! 👏 #NewHire #ProductManagement #Innovation

Happy Thanksgiving, Canada! 🍂✨ This Thanksgiving, we are thankful for our incredible clients, our dedicated team, and the opportunity to continue supporting credit unions across Canada. As we take a moment to reflect, we're grateful for the connections and community we get to be a part of every day. Wishing everyone a warm and joyful holiday filled with gratitude and good company. #CanadianThanksgiving #Gratitude #Thanksgiving2024 #Infonancial

🎉 Proud Partnership Highlight! 🎉 Founded in 1939, Oshawa Community Credit Union (OCCU) has grown into a trusted, member-owned financial institution with over $141 million in assets. For over 30 years, OCCU and Infonancial have proudly partnered to drive innovation and enhance the member experience. OCCU balances modern technology with a personalized, relationship-driven approach, prioritizing trust and member connections over competing on rates or technology. With an inclusive membership that stretches across Canada, OCCU continues to make a lasting impact through its community initiatives and local presence. Looking ahead, OCCU is focused on attracting younger members and building strategic partnerships that will strengthen its offerings and drive sustainable growth. We’re incredibly proud of the positive influence OCCU has had on the Oshawa community, and we look forward to continuing our collaboration on future innovations! 🌟 Read more about Oshawa Community Credit Union's incredible journey in Business View Magazine https://lnkd.in/gMFnUn6k. #Partnerships #CommunityImpact #CreditUnions #Innovation #Growth #Infonancial

🌟 Earlier this week, Infonancial had the privilege of participating in the Ontario Credit Union Foundation 33rd Golf Classic! ⛳ It’s always inspiring to hear the incredible stories of the impact Credit Unions are having on their communities across Ontario. One of the highlights of the day was hearing from a CU Succeed Youth Bursary recipient, who shared how the scholarship has truly transformed her life. Moments like these remind us of the meaningful difference we can all make. The CU Succeed Youth Bursary, established in 2016 by the Ontario Credit Union Foundation, has awarded an impressive $736,000 to 577 students over the past nine years. 🎓 This initiative is a testament to the power of community support and the commitment of Credit Unions to invest in the future. We’re already excited for next year and can’t wait to continue supporting such a fantastic cause! #CreditUnions #CommunityImpact #CUSucceedYouthBursary #OntarioCreditUnionFoundation #Infonancial

Thank you Cheatcode for assisting us with our move and furnishing our beautiful new office in Richmond Hill!

After 35 remarkable years at Infonancial, our esteemed Head Developer and employee #1, Susan DeCoste, has retired as of July 31st. Susan was hired by Steve Pless before Infonancial even had a product, and together they developed the first and only fully integrated core banking system specifically designed for Canadian Credit Unions. In retirement, Susan looks forward to travelling and spending time with family and friends. This month, we were fortunate enough to have a BBQ at Susan's beautiful cottage, where she's looking forward to spending her well-deserved retirement relaxing. Congratulations, Susan, and we cannot wait to see what this next chapter has in store for you (and we're also thrilled you'll still be with us!). We encourage you to wish her well at Susand@infonancial.com. From the entire Infonancial team thank you, Susan! and wish you a happy first day of retirement! 🎉