News Headlines

02 Feb 2024

Welcome Ormeau Credit Union

On Thursday 5th March 2021 Cholm Cille Credit Union in Inverin, Co. Galway went Live using Progress Banking. They also went Live with a brand new website and will be getting a new mobile App and full Digital capabilities in the weeks after they go live.

Intesa San Paulo & CUSOP Integration

Progress Systems provides an interface Hub to the Clearing Network for our Credit Union clients who wish to use Intesa San Paulo or CUSOP as their clearing agent. The daily processing of all external Clearing Network transactions is automated.

This interface will provide for the automated collection, forwarding and distribution of all standard EFT payment types such as:

  • Standing Orders
  • Direct Debits (loans repay)
  • Credit Transfers (once off)
  • Payroll Deduction
  • Social Welfare Payments
  • Pension Payments
  • Utility\Bill Payment for Members
  • International Transfer (in\out)
  • Mortgage Payments (out)
  • EFT Payments (out of Credit Union)

The Hub provides a fast and secure connect for all our Users to the clearing network and is a key component of our complete service to our Credit Union users.

Progress are the largest transaction processor across both Intesa San Paulo and CUSOP networks.