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Catalyst Corporate Federal Credit Union Offers Cutting-Edge Remote Deposit Capture Capabilities Through Constellation’s Digital Banking Platform

Cloud-native digital banking services provider Constellation Digital Partners(Constellation) announced that Catalyst Corporate Federal Credit Union (Catalyst Corporate - $54 billion in managed assets) has partnered with the fintech to deliver its remote deposit capture solution, TranzCapture, to credit unions on the Constellation Digital Banking platform.

Designed and built specifically for credit unions, TranzCapture was created by Catalyst Corporate and is owned by four of the nation’s largest corporate credit unions through a CUSO partnership which represents over 3,500 credit unions – or 65% of all credit unions nationwide. Through TranzCapture’s Constellation integration, Constellation member credit unions have access to mobile deposit capture, which enables their members to deposit checks from smart devices anytime, anywhere. TranzCapture’s mobile capture integrates easily with a financial institution’s backend systems, allowing proactive fraud detection on all mobile deposits. Additionally, Catalyst is also offering a TranzCapture integration to provide members the ability to view their deposited images.

Catalyst Corporate partners with credit unions across the nation to enhance their success and relevance through innovative payments, investments, liquidity and balance sheet management solutions. As one of Constellation’s initial investors, the corporate credit union has worked with the fintech from its inception.

“We really liked the idea of a vendor-agnostic application universe where credit unions could go to create their own customized online banking solutions to suit their specific needs,” said Diana Hennel, Chief Technology Officer for Catalyst Corporate. “Friction that sometimes characterizes core integrations can be minimized by using a marketplace like Constellation’s Digital Banking platform, where we provide game-changing solutions directly to our members.”

Through its partnership with Constellation, Catalyst Corporate seeks to expand the reach of its TranzCapture platform to more credit union members.

“Partnering with Constellation offers tremendous value and opportunities for both of our respective client bases,” said Hennel. “As the number of physical checks continues to decline, so too do the updates and features for many other providers in this space. However, Catalyst is committed to ensuring our members always have access to the most up-to-date, best-of-breed check capture capabilities. What’s more, Constellation’s platform will allow us to scale for this quickly and efficiently, supporting our continued expansion and investment to further consolidate check capture across the credit union industry.”

“We are excited to partner with Catalyst Corporate and to help expand the availability of its powerful remote deposit capture solution further throughout the industry,” said Kris Kovacs, Founder and CEO of Constellation. “Our Constellation Digital Banking platform is designed to provide today’s credit unions access to a comprehensive ecosystem of the most cutting-edge technologies, like TranzCapture, to meet the needs of their members, while allowing quick, seamless integrations.”