CULedger today announced it was named a finalist in the ninth annual Constellation SuperNova Awards. As digital transformation evolves across industries and geographies, organizations must make deeper investments to create real impact. This prestigious program recognizes teams and leaders for their innovative application of disruptive technology and transformative initiatives. CULedger was chosen as a leading program in the Digital Safety, Governance and Privacy category for its distributed ledger-based platform, MyCUID.
MyCUID is the first global digital identity ecosystem for credit unions and their members. The platform is built on distributed ledger technology, commonly referred to as blockchain, providing a highly secure, compliant option for credit unions to verify their members’ identities and vice versa. In addition to its safety and privacy features, MyCUID aims to reduce member friction by leveraging biometrics and smartphone technology to verify identity whether in the branch, dialing into a call center or logging into the credit union’s website or mobile app.
“As we enter a post-digital world, business transformation has emerged as both an art and a science,” said R “Ray” Wang, chairman and founder of Constellation Research. “The finalists selected for the 2019 SuperNova Awards represent individuals, teams and organizations who have pushed the limits of their culture, business model and technology to deliver on the art of the possible. What sets them apart is their ability to succeed at scale.”
“We are humbled and honored to be a finalist for the SuperNova Awards,” said Julie Esser, chief experience officer of CULedger. “MyCUID is positioned to be the most secure and private way for credit unions to engage with their members and change the member experience, particularly as fraud continues to increase at a rapid rate across all channels. We’re thrilled for our initiative, and in turn the credit union industry, to receive this recognition.”
The 2019 SuperNova Award judges, comprised of technology thought leaders and journalists, selected finalists who demonstrated success in implementing leading-edge business models and emerging technologies for their organizations. Finalists achieved remarkable results, including competitive advantage, cost savings and quantifiable improvements in agility.
Public voting for the SuperNova Awards will take place online from August 19 – September 13, 2019. The winners will be announced at the SuperNova Awards Gala on November 6 in Half Moon Bay, California, during Constellation’s Connected Enterprise.
For more information, visit https://www.constellationr.com/events/supernova/2019.
Denver-based CULedger is a credit union-owned CUSO that is creating the premier platform of digital exchange for financial cooperatives globally. In working through a national consortium made up of credit unions and trusted industry investors, CULedger has pioneered new developments related to global self-sovereign digital identity that will further enhance the trust credit unions have with their members. CULedger provides advantages to credit unions and their members by reducing risks associated with cybersecurity and fraud, improving member experience, streamlining internal processes and reducing administrative and operational costs. To learn more about CULedger, visit www.culedger.com or follow the company on the CULedger blog, LinkedIn or Twitter.
About Constellation Research
Constellation Research is a technology research and advisory firm based in Silicon Valley. We deliver strategic guidance to companies seeking to transform their businesses through the early adoption of disruptive technology. Our analysts draw on their experiences as practitioners to deliver pragmatic advice to CXOs leading digital transformation within their organizations. Clients include board of directors, C-suite executives, line-of-business leaders, and IT visionaries who are not afraid to challenge the status quo. Our mission is to conduct research on emerging technologies, identify and validate trends, and empower our clients to succeed in the digital economy.