Pidgin, a cutting-edge real-time payments platform, has announced a strategic partnership with Corelation Inc., a leading fintech innovator in core processing solutions. This collaboration positions Pidgin as a preferred partner for Corelation, enabling a seamless integration that empowers credit unions to offer real-time payments to their members.
Pidgin’s technology acts as a central hub, connecting credit unions to the FedNow Service and other fast payment networks, ensuring members can enjoy instant payment options for various needs. The platform integrates effortlessly with Corelation’s KeyStone core processing system and other third-party applications, facilitating smooth data exchange across multiple payment networks.
By teaming up with Pidgin, Corelation aims to streamline the adoption of real-time payments for credit unions, enhancing operational efficiency and meeting the growing demand for instant transactions. This partnership is set to transform payment operations, providing credit unions with the necessary infrastructure to support 24/7 transaction processing, even beyond regular business hours.
Tim Maron, Chief Revenue Officer of Corelation, emphasized the significance of this partnership: “We are always seeking ways to enhance our credit union clients’ capabilities. Real-time payments are becoming a key differentiator, and partnering with Pidgin allows us to offer the infrastructure and support needed to meet member expectations.”
Abhishek Veeraghanta, founder and CEO of Pidgin, highlighted the momentum behind real-time payments: “According to Cornerstone’s What’s Going On In Banking report, over one-third of credit unions plan to implement real-time payments by the end of this year, with another 34% aiming for 2025 or later. Our partnership with Corelation is crucial in making these plans a reality, transforming payment operations for credit unions nationwide.”
