Core Banking System Upgrade

January 20, 2019

Our significant investment in this system is aimed at improving the products and services available to our customers, with a complete solution built on modern architecture and technology. We are excited for this opportunity and our Team has been working diligently over the past year to ensure a smooth transition. In the pages that follow, you will find important information to help navigate conversion weekend as well as how to take advantage of the new products and available features.

Spotlight

Align Income Share Funding

Align Income Share Funding was started as Cumulus Funding in 2011, as the first source of Income Share Agreements (ISAs) to the general public in the United States. ISAs are a more flexible alternative to a personal loan. Instead of payments being based on a fixed interest rate over a set time frame, ISA payments are based on a small percentage of a consumer's future income over a fixed period of time. Payments fluctuate with income, potentially all the way to zero if someone becomes unemployed. At Align, we understand that incomes aren't always steady and that there is a need for a more flexible financial tool to account for this. Align customers use ISAs to pay for almost anything you can imagine - medical bills, consolidate more expensive debt, car repairs, or even a wedding.

OTHER WHITEPAPERS
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Capitalising on volatility in the motor finance market

whitePaper | July 8, 2022

The motor industry is facing a perfect storm of difficulties: lower consumer spending power; drivers rethinking how they use their cars and even whether they need a car at all; an increase of available data; the growing popularity of diverse fuel options – all of this has created greater volatility within the market.

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Enhancing Data Empowerment in Financial Services with Modern Cloud Analytics

whitePaper | January 31, 2022

Perhaps more than any other industry, financial services firms understand the value of data. The sector is an early adopter of new technologies such as artificial intelligence (AI) and machine learning (ML). Keeping up with the latest digital developments is seen as essential to deliver great customer experiences, drive operational efficiencies and to manage risks and compliance.

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Banking cybersecurity & cybercrime

whitePaper | October 25, 2022

Financial institutions’ pre-pandemic investments in technology and the increased adoption by the public of online banking services helped banks and credit unions continue serving and, in some cases, expand their reach of customers. However, accelerated technology adoption and institutions’ growing reliance on third-party partners amplify the importance of cybersecurity measures for protecting private data, financial assets, and systems.

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whitePaper | May 14, 2020

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FinTechnicolor: The New Picture in Finance

whitePaper | September 20, 2022

Banking has historically been one of the business sectors most resistant to disruption by technology. Since the first mortgage was issued in England in the 11th century, banks have built robust businesses with multiple moats: ubiquitous distribution through branches; unique expertise such as credit underwriting underpinned by both data and judgment; even the special status of being regulated institutions that supply credit, the lifeblood of economic growth, and have sovereign insurance for their liabilities (deposits). Moreover, consumer inertia in financial services is high. Consumers have generally been slow to change financial-services providers. Particularly in developed markets, consumers have historically gravitated toward the established and enduring brands in banking and insurance that were seen as bulwarks of stability even in times of turbulence.

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Probinex: Freedom of Exchange

whitePaper | March 24, 2023

Probinex offers a comprehensive ecosystem of products that provide a safe and worry-free way to access cryptocurrency trading and leverage its potential. Our goal is to achieve widespread adoption of digital assets among the general public.

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Spotlight

Align Income Share Funding

Align Income Share Funding was started as Cumulus Funding in 2011, as the first source of Income Share Agreements (ISAs) to the general public in the United States. ISAs are a more flexible alternative to a personal loan. Instead of payments being based on a fixed interest rate over a set time frame, ISA payments are based on a small percentage of a consumer's future income over a fixed period of time. Payments fluctuate with income, potentially all the way to zero if someone becomes unemployed. At Align, we understand that incomes aren't always steady and that there is a need for a more flexible financial tool to account for this. Align customers use ISAs to pay for almost anything you can imagine - medical bills, consolidate more expensive debt, car repairs, or even a wedding.

Events