Symitar

MDT Named a Best Place to Work in Financial Technology for Fourth Consecutive Year

Retrieved on: 
Tuesday, June 13, 2023

Member Driven Technologies (MDT), a CUSO that hosts the Symitar core processing system from Jack Henry™to provide a private cloud alternative for core processing and IT needs, today announced that it has been named a Best Place to Work in Financial Technology by Arizent and Best Companies Group for the fourth year in a row.

Key Points: 
  • Member Driven Technologies (MDT), a CUSO that hosts the Symitar core processing system from Jack Henry™to provide a private cloud alternative for core processing and IT needs, today announced that it has been named a Best Place to Work in Financial Technology by Arizent and Best Companies Group for the fourth year in a row.
  • Customer service, internal collaboration and innovation are top priorities for MDT.
  • Four years ago, MDT formed an internal Innovation Team to make sure new ideas and perspectives were encouraged and heard across all departments.
  • “We’re honored to be named once again by Arizent and Best Companies Group as a Best Place to Work in Fintech, acknowledging our dedication to and appreciation of our nearly 150 incredible employees.”

MDT Partners with FI MarketScan Advisors, Inc

Retrieved on: 
Tuesday, May 16, 2023

The partnership gives MDT’s credit union clients the opportunity to work with FI MarketScan Advisors for contract negotiations, helping to lower costs and deliver predictability and enhanced profitability to credit unions’ check printing vendor contracts.

Key Points: 
  • The partnership gives MDT’s credit union clients the opportunity to work with FI MarketScan Advisors for contract negotiations, helping to lower costs and deliver predictability and enhanced profitability to credit unions’ check printing vendor contracts.
  • “Working with MDT and FI MarketScan Advisors has brought significant value to our organization,” said Jeremy Jenkins, CEO of Lanco FCU.
  • “The experts at FI MarketScan Advisors were able to renegotiate a contract for us that resulted in notable long-term savings, without requiring much time from us.
  • This partnership is another example of MDT bringing beneficial services and solutions to its credit union community.”
    “We’ve known MDT for years and have always respected their dedication to their clients,” said David Jones, co-founder of FI MarketScan Advisors.

Peter Major Joins MDT as Vice President of Fintech Services

Retrieved on: 
Tuesday, April 25, 2023

Member Driven Technologies (MDT), a CUSO that hosts the Symitar core processing system from Jack Henry™to provide a private cloud alternative for core processing and IT needs, today announced the addition of industry veteran Pete Major as vice president of fintech services.

Key Points: 
  • Member Driven Technologies (MDT), a CUSO that hosts the Symitar core processing system from Jack Henry™to provide a private cloud alternative for core processing and IT needs, today announced the addition of industry veteran Pete Major as vice president of fintech services.
  • MDT is dedicated to supporting its credit union clients with their fintech integrations and strategy, and this new role is a direct testament to that.
  • “We’re thrilled to welcome Pete as our first vice president of fintech services,” said Matt Baaki, CTO of MDT.
  • I’m confident that Pete, with his strategic approach and deep expertise, will help us successfully evolve our ecosystem of fintech services.”

MDT Partners with Blumira, Helping Credit Unions Strengthen Cybersecurity Posture

Retrieved on: 
Tuesday, April 11, 2023

Credit unions can now obtain logs from MDT-managed data sources, like their firewalls, to ingest into Blumira or other third-party solutions to improve threat visibility.

Key Points: 
  • Credit unions can now obtain logs from MDT-managed data sources, like their firewalls, to ingest into Blumira or other third-party solutions to improve threat visibility.
  • "With our technology, MDT's impressive membership of credit unions will be able to bolster their cybersecurity efforts without hiring security engineers and will more easily meet compliance objectives and cyber insurance requirements."
  • “As a firm committed to helping businesses optimize costs for technology needs, we are proud to work with MDT and Blumira, helping them deliver leading cybersecurity solutions to credit unions at an affordable cost,” said Ryan Hathaway, President at GTS.
  • MDT is committed to delivering the tools and solutions necessary for credit unions to efficiently run their institution and provide positive member experiences, and this offering is another example of those efforts.”

SMA Technologies and Jack Henry Collaborate to Improve Operational Efficiencies for Banks & Credit Unions

Retrieved on: 
Tuesday, March 14, 2023

SMA Technologies will help banks using Jack Henry's SilverLake data center to automate and orchestrate workflows with other applications, data, and processes the institutions manage on-premises.

Key Points: 
  • SMA Technologies will help banks using Jack Henry's SilverLake data center to automate and orchestrate workflows with other applications, data, and processes the institutions manage on-premises.
  • According to a recent Jack Henry study , 44 percent of financial institution CEOs ranked operating efficiency as the most important strategic priority, with automation being a key component.
  • SMA Technologies CEO Todd Dauchy added, "Expanding our relationship with Jack Henry will increase operational efficiencies for credit unions and banks across America so they can invest time and energy where it matters most: accountholder experience.
  • This additional collaboration allows API connectivity to streamline the workflow management between financial institutions and Jack Henry data centers.

Talkdesk Joins the Jack Henry™ Vendor Integration Program

Retrieved on: 
Wednesday, February 1, 2023

Talkdesk®, Inc ., a global cloud contact center leader for customer-obsessed companies, today announced that it has joined the Jack Henry™ Vendor Integration Program (VIP).

Key Points: 
  • Talkdesk®, Inc ., a global cloud contact center leader for customer-obsessed companies, today announced that it has joined the Jack Henry™ Vendor Integration Program (VIP).
  • Participation in the program provides Talkdesk with access to Jack Henry’s technical resources to enable Talkdesk Financial Services Experience Cloud™ to integrate with Symitar® core platform.
  • The Vendor Integration Program is designed to help ensure that Jack Henry’s customers can easily and rapidly deploy third-party products.
  • Talkdesk makes it easy for Jack Henry’s customers to streamline the customer journey from digital-self service channels to personalized interactions with a live agent.

MDT Expands Relationships with Credit Unions, Prioritizes Innovation in 2022

Retrieved on: 
Tuesday, January 31, 2023

Last year, MDT continued to form partnerships with new credit unions and had seven credit unions renew their contracts with the CUSO.

Key Points: 
  • Last year, MDT continued to form partnerships with new credit unions and had seven credit unions renew their contracts with the CUSO.
  • MDT continued to help credit unions successfully navigate mergers; they supported WyHy Federal Credit Union with mergers in April and December and LOC Credit Union in August.
  • The company demonstrated its dedication to offering modern technology to help run the entire credit union.
  • MDT successfully hosted its fifth annual CEO Forum in St. Petersburg, Florida last March for MDT credit union CEOs and its ninth annual client conference in May for credit union employees.

Prizeout Joins the Jack Henry™ Vendor Integration Program

Retrieved on: 
Thursday, February 2, 2023

NEW YORK, Feb. 02, 2023 (GLOBE NEWSWIRE) -- Prizeout Corp (Prizeout) today announced that it has joined the Jack Henry™ Vendor Integration Program (VIP).

Key Points: 
  • NEW YORK, Feb. 02, 2023 (GLOBE NEWSWIRE) -- Prizeout Corp (Prizeout) today announced that it has joined the Jack Henry™ Vendor Integration Program (VIP).
  • Participation in the program will provide Prizeout with access to Jack Henry’s technical resources to enable Prizeout to integrate with Symitar®.
  • The Vendor Integration Program is designed to help ensure that Jack Henry’s customers can easily deploy third-party products.
  • Prizeout integrates with Symitar via SymXchange™, a services-based programming interface that enables third-party vendors and credit unions to access the platform’s core data and business rules.

MDT Partners with Comply-YES!, Helping Credit Unions Strengthen Regulatory Posture

Retrieved on: 
Monday, January 9, 2023

“We look forward to helping more of MDT’s credit union clients with auditing, consulting and compliance services, helping them boost their regulatory posture, and better serve their members.”

Key Points: 
  • “We look forward to helping more of MDT’s credit union clients with auditing, consulting and compliance services, helping them boost their regulatory posture, and better serve their members.”
    “Our credit union has partnered with MDT for many years, and more recently engaged Comply-YES!
  • for help with the complexities of credit union compliance,” said Catherine Morey, vice president of risk management of Alliance Catholic Credit Union.
  • “Comply-YES!
  • We are proud to partner with another likeminded CUSO that shares our values and mission.”

L&N FCU Selects Jack Henry to Modernize its Technology

Retrieved on: 
Monday, January 9, 2023

MONETT, Mo., Jan. 9, 2023 /PRNewswire/ -- Jack Henry™ (Nasdaq: JKHY) announced today that L&N Federal Credit Union has selected Jack Henry's Symitar platform to support its growth goals.

Key Points: 
  • MONETT, Mo., Jan. 9, 2023 /PRNewswire/ -- Jack Henry™ (Nasdaq: JKHY) announced today that L&N Federal Credit Union has selected Jack Henry's Symitar platform to support its growth goals.
  • With a growing base of more than 100,000 members in Kentucky, L&N FCU has plans to keep expanding its services while maintaining its hyper-local approach.
  • The credit union needed a technology platform that could support this growth efficiently while providing the customization it needed to serve its communities.
  • Shanon McLachlan, president of Credit Union Solutions at Jack Henry, said, "We're proud that new clients like L&N FCU are selecting us for our ongoing commitment to innovation and technology modernization.