October 27, 2017
Co-op Financial Services and Data Systems of Texas are partnering to help credit unions transform digital payments services for members. Co-op products will be offered to Data Systems clients that use Sharetec core processing solutions.
Co-op products endorsed by Data Systems include access to the Co-op ATM network, terminal driving, signature and PIN debit processing, and in-house credit. Waco, Texas-based Data Systems serves credit unions in about a dozen western and southern states. The company is a co-owner, with three other regional partners, of Sharetec.
"Technology and service partnerships are increasingly important for financial institutions that want to deliver the digital payment methods that members want and need nowadays," Co-op President and CEO Todd Clark said in the release. "Data Systems and Co-op share the goal of helping clients transform to digital quickly and successfully with outstanding products and client support."
"We have a longstanding relationship with Co-op, which we recognize to be a top-tier vendor in the credit union movement," said Greg McEachern, CEO of Data Systems. "We are formalizing that relationship to ensure the tight integration of our products and smooth alignment of our servicing of the industry between our two organizations, which is indispensable today."