The Credit Union understood that modern banking isn't confined to a branch or a desktop. By implementing Call Center Verify (CIBA), they didn't just upgrade their call center; they established a foundation for consistent, financial-grade security across their entire enterprise, empowering members like Sarah to bank with confidence. 

Money itself is a story of convenience and people don’t stay loyal to ‘channels’, they think about getting things done, and throughout financial history that means showing up where life happens. 

The future of Credit Union member acquisition is invisible and effortless. By adopting Embedded Finance and leveraging Open Data to establish FDX-compliant partnerships, CUs can move from reactive selling to proactive, seamless service—a world where the next generation walks in with their coffee, not their paperwork.

For credit union executives and strategic leaders in the credit union system, the natural next question is the most important one: How do we get there, leveraging open data, without multi-year, multi-million-dollar IT projects? 

Canada's financial services are set for a major transformation. Budget 2025 has laid out the most concrete details yet, committing to a complete and accelerated rollout of Consumer-Driven Banking (CDB)—a term for Canada's Open Banking.

3 hot topics that dominated conversations at Money20/20 Vegas after the lights went down.

NestEgg is the number one provider of loan decisioning in the UK credit union system, a market that has already successfully implemented Open Banking. They currently work with 50+ UK credit unions, powering over 750,000 loan applications by leveraging both open data and traditional credit data.

George Sr., a 61 year old local farmer, values the simplicity of a straightforward deal. However, to get the newest equipment the farm needs, he faces a process that historically meant frustrating delays and a second journey to the credit union after visiting the agriculture equipment dealership.

George Jr. spends his days fixing engines, managing inventory, ordering parts, and leading a team of 6. He’s been a loyal credit union member for years. But running a business means paperwork, and George ends up buried in receipts, reconciliations, and outdated tools that slow him down. 

Caspian One Open Data attended Central 1's Momentum 2025 in Whistler, B.C. this week. The three days focused on learning, connection, and conversations about the future of Canadian financial services.

See how an FDX-compliant open data ecosystem anticipates member needs. Jayne, a small business owner, received a pre-approved credit line increase right inside her accounting software, turning a seasonal cash crunch into a major revenue opportunity—no branch visits required.

We were excited to have our CEO Lewis Poe take the stage this week at SIBOS 2025 in Frankfurt.

For years, credit unions have understood that leveraging data is key to growth. However, many have been hesitant to fully embrace open data, often due to concerns about security and complexity, as well as the cost involved in building a solution.

Caspian One Open Data, a global leader in FinTech innovation, is proud to announce the successful go-live of a fully Financial Data Exchange (FDX) compliant, live open data solution for North America.

Prospera goes live with open data, rolling out the Interac® verification service as first use case.

First West goes live with open data, rolling out the Interac® verification service as first use case.

Interac, Canadian Credit Unions and Caspian One Open Data Partner to Expand Secure Digital Verification for Canadians. What does this announcement mean for the Canadian Credit Union system?

Innovation isn't just for the big banks anymore. For credit unions, getting on board with open data before it's mandated is your golden ticket to a stronger future. Here’s why your credit union should act today.

If you’re unfamiliar with the term “ecosystem manager”, this is the post for you. What does it mean and why is it important for the future of digital services? We want to simplify this for our readers. 

This executive roundtable is timely as it brings together financial leaders to explore how leveraging interoperability, open APIs, and next-gen platforms can accelerate growth, streamline operations, and ensure compliance. Strategic partnerships with fintechs are key to reducing time-to-market and delivering high-value propositions at scale.