VeriPark becomes a Certified Digital Banking Vendor for Central 1

VeriPark, a global provider of AI-first customer experience solutions for financial institutions, has signed a Certified Partner Agreement with Central 1 Credit Union (Central 1), becoming one of the select vendors authorized to support Canadian credit unions transitioning from Central 1’s digital banking solutions.

As part of the certification, VeriPark has successfully completed integration with four of Central 1’s essential payments services:

• Interac e-Transfer® – ensuring fast, secure, and seamless money transfers for members

• Remote Cheque Deposit Capture (mRDC) – enabling members to deposit cheques anytime, anywhere through mobile devices

• CRA Tax Forms Submission – simplifying tax payment processes by allowing direct submission of business tax forms to Canada Revenue Agency

• Wire Transfers – supporting high-value domestic and international transactions with speed and reliability 

With Central 1 in the process of winding down its Digital Banking Business, the organization launched a Request for Proposals to identify certified vendors capable of migrating credit unions to modern digital platforms, while maintaining integrations with Central 1’s core payments through new APIs. Following a detailed evaluation, VeriPark was selected as a certified vendor due to its robust digital banking capabilities and proven track record in serving Canadian credit unions.

We are excited to be recognized as a Certified Partner by Central 1,” said Michel Diab, Chief Marketing and Strategy Officer at VeriPark. “The successful certification of these four critical services demonstrates our ability to deliver seamless continuity for credit unions. This partnership reinforces our commitment to providing secure, scalable, and innovative digital banking solutions tailored for the Canadian financial ecosystem.

This certification ensures that credit unions migrating to VeriPark’s platform can continue to leverage Central 1’s payments infrastructure and fraud monitoring services without disruption. It also confirms compliance with federal and provincial financial regulations while enabling credit unions to adopt modern digital banking solutions.

We are committed to supporting our credit union partners in finding the right long-term solutions for their digital banking platform," said Chris MacDonald, AVP, Platform Strategy & Product at Central 1. "Certifying vendors like VeriPark ensures our clients have access to trusted, modern digital platforms that integrate seamlessly with Central 1’s payment services. We’re pleased to confirm VeriPark’s certification across key services and look forward to their continued collaboration with credit unions across Canada.

VeriPark is already a trusted partner for several Canadian credit unions. The company has successfully completed multiple digital banking migrations and continues to support additional institutions currently undergoing transformation.