June News: InfoLend updates, payment innovations & 1 Year of InfoNews!
This month at InfoNews: fresh product updates, payment innovation, and a major milestone worth celebrating. From launching new InfoLend features to exploring the future of payments and marking one year of InfoNews, June brought tremendous momentum!
Tech Trends
The future of payments: Digital money and stablecoins
From faster settlements to cross-border efficiency, stablecoins are reshaping the global payments landscape. This article explores how digital money is gaining momentum, the regulatory challenges ahead, and why central banks and fintechs alike are racing to define its future. Read the full article
Industry News
Interac Launches Verified™ credential service for secure digital identity
Interac has introduced Interac Verified™, a digital credential solution aimed at enhancing identity verification across Canada. The service allows Canadians to store and manage verified credentials on their personal devices and share them securely with government and private institutions.
This marks a significant step forward in the evolution of digital identity in the country, with promising implications for fintechs, banks, and credit unions looking for trusted ways to verify users in a digital-first world. Read the full article here
Product Updates
Staying in step with FSRA’s evolving standards
As FSRA continues to refine EDC filing requirements, Infonancial remains committed to helping credit union to report with confidence. Our ongoing collaboration with FSRA and credit union partners ensures InfoCore is aligned with regulatory expectations—providing tools that are accurate, compliant, and purpose-built for today's reporting demands.
New Clients + New Features
June was another exciting month for InfoLend as we successfully completed onboarding two more credit unions into the platform! The feedback from these teams has been incredibly positive — with many highlighting how smooth, intuitive, and helpful the onboarding journey has been for their end users.
We’ve also officially kicked-off development of our E-Signature integration, one of the most requested features. This functionality is set to go live in August, and will streamline document handling and member experiences even further.
Stay tuned for more updates as we continue to evolve InfoLend into the most credit union–friendly LOS in Canada! Book a demo here
Customer Success
Customer success through collaboration
As technology continues to evolve, credit unions face increasing pressure to adapt—whether through new products, enhanced services, or heightened security and compliance demands. At Infonancial, we recognize that staying ahead requires more than just great software—it takes strong partnerships.
We’ve worked closely with our credit union partners to identify changes that impact multiple institutions and then coordinate group negotiations to implement shared solutions. These collaborations are further simplified by a key advantage: every one of our clients runs the exact same version of our core banking system. We don’t do customized programs but instead use customized modules—so when a change is implemented, certified, and tested for one client, it works the same for all. This eliminates the need for costly custom development and allows our partners to adopt improvements quickly and efficiently. It’s a level of consistency and simplicity that sets Infonancial apart from other core system providers.
In just the past three months, we’ve seen three such collaborative projects come to life. It’s been a pleasure to spearhead these efforts—not only to benefit our partners directly, but to help credit unions enhance their offerings to members. This approach leads to stronger growth, more competitive services, and broader success for all involved.
Though Infonancial is not a co-operative, we embrace a co-operative spirit. By working together, our clients gain more than just technology—they gain shared strength, efficiency, and a smarter path forward. It’s a truly symbiotic process where everyone benefits
— Greg Radwan
Partner Spotlight
Bay Credit Union - Serving up support for camp quality
On June 19, Bay Credit Union hosted its annual charity barbecue at the Algoma Street branch, flipping burgers and grilling hotdogs in support of Camp Quality—a volunteer-run organization that provides summer camps and year-round programs for children affected by cancer and blood disorders, along with their families.
The event drew a steady crowd and aimed to raise between $1,000 and $1,500 for the camp. Camp Quality’s programs, including wilderness adventures at Shebandowan, offer kids the chance to enjoy fishing, swimming, and boat rides in a safe, supportive environment.
For Bay Credit Union, this event is part of a long-standing tradition. They’ve been hosting charity barbecues for over 15 years, holding one each June and another in September at their Cumberland branch. Director June Gaw, who brought the idea forward, shared that Camp Quality has personally touched her family’s life, making the cause especially meaningful.
We’re proud to spotlight Bay Credit Union for their continued commitment to community giving and for helping bring joy and healing to children and families who need it most.
What’s New at Infonancial?
We’re celebrating one year of InfoNews! 🎉
This month marks one year since we launched our newsletter 🎉 — a milestone we couldn’t have reached without you. Over the past year, we’ve loved sharing partner spotlights, industry insights, success stories, and updates on how we’re driving innovation together.
As we look ahead, we want to make sure we keep delivering content that’s relevant, valuable, and genuinely worth your time. That’s why we’re inviting you to take a quick 2-minute survey to tell us what you like, what you’d like more of, and how we can improve.
Thanks for reading, sharing, and being part of our journey. Here’s to another great year ahead!