Credit Unions Embrace Blockchain to Lead the Future of Financial Services

29 May 2025 | Thursday | News

Through a new partnership with Metallicus and GoWest Solutions, credit unions gain access to cutting-edge blockchain tools for faster payments, enhanced fraud protection, and secure digital identity—modernizing community banking with trust and innovation.
Picture Courtesy | Public Domain

Picture Courtesy | Public Domain

In a bold step toward modernizing financial services, credit unions are exploring blockchain technology to deliver faster payments, stronger fraud protection, and smarter digital tools, all while staying true to their mission of people-first financial services.

As the financial landscape evolves, credit unions are proving they're not just keeping up; they're leading the way. By embracing blockchain, they're building a future where everyday banking is faster, safer, and more accessible, especially for the communities they've always served.

Through a new partnership between Metallicus, the developer of Metal Blockchain, and GoWest Solutions, credit unions across the west are gaining access to an Innovation Program that empowers them to test and implement blockchain-powered solutions built for the real world.

The Metal Blockchain Innovation Program provides a secure, compliance-first infrastructure to help credit unions explore and implement blockchain technologies across key strategic use cases, including:

  • Metal Pay for Credit Unions – A white-labeled Crypto-as-a-Service wallet solution using tokenization and stablecoins to enable compliant digital payments and asset custody.
  • Metal Identity – A digital identity solution offering secure member authentication through verifiable credentials and Single Sign-On (SSO).
  • Next-Gen Fraud Prevention and Risk Mitigation – Tools utilizing private blockchain subnets and advanced access controls to help institutions identify, report, and reduce fraud.

"Credit unions have always led with trust, purpose, and technology, and now they can leverage that even further to strengthen their leadership," said Troy Stang, President and CEO of GoWest Credit Union Association. "Through this partnership with Metallicus, credit unions will shape the future of financial services by exploring breakthrough innovations like blockchain, stablecoins, and digital identity in ways that are secure, compliant, and deeply rooted in the needs of their members. This is about building what's next, together."

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