InvestiFI – Cryptocurrency Management Services via Online Banking

Quote Provided

This project develops an SSO option for members to click a link in online banking and jump to a site provided by InvestiFi (formerly CryptoFi) for buying and selling cryptocurrency. This interface could be used by any credit unions who elect to activate a relationship with InvestiFi.

Interface Components

A back-end (native) integration that allows for funds to be pulled from member accounts and deposited to member accounts when the member requests to buy/sell cryptocurrency.

Single Sign-on in Online/Mobile Banking – a link in online banking that gets the member over to the InvestiFi site.

  • We developed a simple landing page module with a button to initiate the SSO.
    • The module is available for both It’s Me 247online/mobile banking and BizLink 247 business online banking
    • Location of the link can be customized via CU Publisher
  • Enrollment is all on InvestiFi’s end:
    • Member signs an agreement
    • API from CU*BASE to provide as much member information as possible, member will need to complete any additional fields we can’t provide.
    • Note: there is no indicator on CU*BASE as to whether a member is enrolled for InvestiFi.
  • When the member clicks the link, InvestiFi’s user interface will launch.
  • If a member wants to buy or sell, an API will call for account suffixes for funds to be pulled/deposited, with available balances.

See Important details of this interface here.

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