VeriPark, founded in 1998, continues to innovate in 2025 as the financial technology firm focuses on helping financial institutions to adopt the latest artificial intelligence tools.
The company’s platform unifies data, orchestrates intelligent journeys, and embeds real-time decisioning into every interaction,. according to a statement from the firm, helping institutions drive customer acquisition, retention, and cross-sell opportunities.
For example, flagship offering VeriChannel enables personalized digital interactions across all touch-points with Conversational Banking designed to anticipate customer needs to deliver better service outcomes.
VeriTouch, meanwhile, empowers teams with contextual insights and automated workflows by utilizing Agentic AI copilots to equip teams with data-driven recommendations.
And for financing, VeriLoan aims to reduce friction across the lending process by leveraging AI tech to deliver faster approvals.
VeriPark, founded in Turkey and now headquartered in the UK, counts Canada as one of its key offshore development centres.
In Canada, VeriPark has been targeting credit unions, assisting the organizations toward digital transformation with cloud-powered solutions.
“Canadian credit unions don’t need to compromise when it comes to digital banking,” posits Selim Hasan, Sales Director at VeriPark.
“They can move fast, stay secure, and delight members at the same time,” Hasan says.
VeriPark has achieved several milestones since going live with its product in Canada, according to Hasan, including launching a British Columbia credit union into production and collaborating with a Manitoba credit union that is utilizing some of its products.
“By combining global best practices with Canada’s unique market needs, we are enabling credit unions to compete, grow membership, and remain at the heart of their communities,” remarked Barry Frame, who serves as Chief Revenue Officer at VeriPark.
VeriPark has also launched a collaborative User Group for credit unions, of which First West Credit Union is the pioneer member, with more founding members to be announced shortly, according to the company.
“This is about giving Canadian credit unions a bigger seat at the innovation table,” commented Darrell Jaggers, who functions as First West Credit Union’s Chief Transformation Officer.
“Together, we can accelerate transformation while staying true to our own brand, member experience and cooperative principles,” believes Jaggers. “Canadian credit unions deserve a long-term partner who can keep them ahead of the curve; that’s the role VeriPark is here to play.”
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