Video | Agriculture | Confidence | Economy | Energy | Employment | Finance | Media | Property | RBNZ | Science | SOEs | Tax | Technology | Telecoms | Tourism | Transport | Search


NZCU South Adopts New Age Banking System

NZCU South Adopts New Age Banking System

AUCKLAND, 9 APRIL 2018: NZCU South has completed its move to Oracle Flexcube tier 1 banking system making it New Zealand’s third credit union in the last 8 months. This is part of Co-op Money NZ’s core banking replacement programme with Oracle.

NZCU South CEO Tania Dickie says, “Migrating to Oracle Flexcube is one of our three strategic deliverables for 2018 and we are glad to have achieved this for our 20,000 members just after the first quarter.

“The tier 1 banking platform will lay an impeccable foundation for our other strategic initiatives, such as improving business structure and streamlining business processes, and we look forward to translating this into better customer experience over the next few years.

“Oracle Flexcube is a flexible and robust IT core banking system based on a service-oriented architecture. Service and customer centricity is essential to a member-owned organisation like us, for our performance, our members and their experience,” Dickie added.

Co-op Money NZ Interim Chief Executive Jonathan Lee comments, “The successful migration for NZCU South is our third deployment of Oracle Flexcube. This highlights our strong expertise in delivering IT projects to financial organisations of different sizes and complexity. Well done NZCU South.”

Co-op Money NZ has also delivered Oracle Flexcube to ACU in August 2017 and NZCU Baywide, the largest credit unions by assets in New Zealand, in March 2018. Six more customers will move to Oracle Flexcube later this year.


© Scoop Media

Business Headlines | Sci-Tech Headlines


'Visionary' Leaders: Primary Sector Council Announced

A group of visionary agribusiness leaders is set to help our primary sector capture more value from its work, Minister of Agriculture and Rural Communities Damien O’Connor says ... More>>


Land Report: Issues With Soil Degradation

An environmental report released today has found we are damaging and losing our soils and our native plants and animals. More>>


Water Quality Report: Cause For Optimism

National River Water Quality Trends released by Land, Air, Water Aotearoa (LAWA) this week, reveal that for all river water quality parameters monitored over a 10 year period, more sites were improving than deteriorating. More>>


IMF Report On NZ: Positive Economic Outlook

Minister of Finance Grant Robertson has welcomed the IMF’s Concluding Statement, released following its annual visit, which provides an independent assessment of the strength of the New Zealand economy. More>>


Retail Power Price: Review Panel Named

The Energy and Resources Minister Megan Woods has released the details of who will sit on an expert advisory panel which is tasked with leading a review into the price of electricity in New Zealand. More>>


Increasingly Disruptive Threats: Govt Cyber Security Refresh

Broadcasting, Communications and Digital Media Minister Clare Curran today announced a comprehensive refresh of New Zealand’s approach to cyber security. More>>


Regional Growth: Action Plan To Modernise Taranaki’s Economy

The Provincial Growth Fund (PGF) will invest up to $20 million to help future-proof the Taranaki region by diversifying its economy, creating additional jobs and leveraging off the strong base the region has established through its oil, gas and agricultural ... More>>