Velera, the nation’s premier payments credit union service organization (CUSO) and an integrated financial technology solutions provider, today unveiled the Velera Ecosystem, including its cloud-native Velera technology stack, Stellaris, and Atmos, its intelligence layer.
This innovation engine unifies technology, data, risk and payments across the Velera product universe, offering credit unions end-to-end connectivity unprecedented in the industry. The announcement was made at the company’s VeleraLIVE event, taking place this week in Orlando, Fla.
“Velera is incredibly proud of the ecosystem we have crafted over the past couple years, because it’s not just an ecosystem: it’s an engine,” said Velera EVP, Chief Product and Technology Officer Denise Stevens. “Stellaris and Atmos are unlike anything in the market, with the ability to power credit unions’ products and strategies regardless of where they are or what their tech stack looks like today. What truly sets this ecosystem apart is that we built it alongside our credit unions – collaboratively shaping a solution designed to meet their needs today and into the future.”
Built over the past two years, Velera’s fully integrated, cloud-native technology ecosystem is designed to help credit unions navigate critical industry challenges, from modernizing legacy infrastructure to protecting members against evolving fraud threats and competing in a rapidly changing market. The Velera Ecosystem continuously processes and structures real-time data to provide credit unions with faster onboarding, connected and embedded experiences, unified data and real-time intelligence, opti-channel risk mitigation, and shared components across a connected product universe.
Through Velera’s “build once, use everywhere” approach, Stellaris enables solutions to be developed once and deployed across products and channels. Its processor-independent design ensures emerging technologies can be integrated seamlessly, freeing credit unions from legacy constraints and giving them the flexibility to grow and adapt.
Atmos serves as the intelligence orchestration layer of the Velera Ecosystem, transforming harmonized data across member touchpoints into actionable insights, advanced business intelligence and real-time risk mitigation. This comes to life through:
- Atmos Data: This unified data ecosystem and neural data network centralizes data intelligence inside Velera’s solutions, enables AI and powers Velera’s product universe to create smarter, connected experiences.
- Atmos Risk: With a focus on opti-channel risk mitigation, this unified fraud ecosystem blends real-time intelligence and expert insight, protecting credit unions without sacrificing member experience.
- Atmos Payments: A holistic network of payment channels that provides security, flexibility and choice, enabling credit unions to seamlessly move money and meet their members where they are.
This groundbreaking technology forms the foundation of Velera’s innovation platform for the next generation, developed to help credit unions thrive in a digital-first financial landscape where real-time insights and seamless member experiences are table stakes.