Intelligent CIO North America Issue 8 - Page 8

NEWS

Baptist Health Federal Credit Union to deliver robust digital banking experience with Finastra

they can get in a physical branch ,” said Mike Gorman , CEO , Baptist Health Federal Credit Union .
“ By being affiliated with Arkansas ’ s largest health system , as well as its nursing college , our digital channels will enable us to best serve our members , even as they launch careers that take them all over the country .
And now , in the age of COVID-19 , userfriendly access to a complete suite of banking services is more critical than ever before .”

Baptist Health Federal Credit Union has selected Fusion Digital Banking , to deliver a modern , digital banking experience to its members . In addition to transitioning its entire digital banking to Finastra for a seamless digital experience , the credit union will use Allied Bill Payment from Allied Payment Network for fully-integrated , real-time person-to-person payments and account-to-account transfers .

“ Robust digital banking capabilities are no longer just a means to appeal to a young and digitally-savvy member base , they are a must-have for serving our entire member community with the same level of service
Baptist Health FCU is not only improving its member experience but will be able to do so more cost-effectively than with its current technology , delivering greater value to its members , which is vital to a credit union ’ s mission . Fusion Digital Banking will enable the credit union to reduce its physical costs and reach more members without having to add to its physical presence .

Ericsson USA 5G Smart Factory in Texas identified as a 4IR pioneer

Ericsson ’ s USA 5G Smart Factory in

Lewisville , Texas , has been recognized by the World Economic Forum as a global front runner in the Fourth Industrial Revolution ( 4IR ).
The forum has awarded the site with its prestigious ‘ Global Lighthouse ’ designation in recognition of Ericsson ’ s deployment of next-generation technology at the site and its subsequent impact – including a 2.2 times improved output per employee when compared to a similar site without the automation and 4IR improvements .
The site is the first Ericsson factory to receive this recognition by the forum for adoption of 4IR technologies at scale with demonstrated benefits to date .
When compared to a similar site without its automation and 4IR improvements , the 5G automated factory with connected robots has delivered 120 % improved output per employee and 65 % reduction in manual material handling .
Fredrik Jejdling , Executive Vice President and Head of Networks , Ericsson , said : “ Running fully automated factories using the latest technologies is part of our strategy for a more resilient and sustainable global supply chain . It shows our commitment to continue working close to our customers , ultimately enabling us to reduce emissions . This World Economic Forum designation highlights the transformative impact of 5G technology in general – and on our factories in particular – to benefit business and society at large .”
8 INTELLIGENTCIO NORTH AMERICA www . intelligentcio . com