Open Banking Solutions (OBS), a cloud-based core and digital banking platform designed to give community-focused financial institutions a competitive advantage, has announced a strategic partnership with GenAspire, the teen banking solution formerly known as Copper Banking. GenAspire collaborates with credit unions to provide schools nationwide with engaging, hands-on tools that make complex financial concepts relatable and interactive. The platform supports teens and young adults in opening their first bank accounts, accessing digital banking services, building financial literacy, and cultivating the skills needed for long-term financial independence.

This partnership enables credit unions to leverage OBS’s low-code, cloud-based, end-to-end core banking platform while utilizing GenAspire’s technology to connect with the next generation of members. By combining OBS’s scalable digital infrastructure with GenAspire’s youth-focused financial programs, credit unions can operate more efficiently and innovate in ways that legacy systems often limit. Together, the collaboration addresses two major challenges facing the industry: attracting younger members and modernizing operations for growth.

OBS is led by a team of fintech veterans with a track record of developing community-focused banking solutions, including the DNA Platform. Earlier this year, OBS also introduced tailored digital services specifically for community banks and credit unions. GenAspire’s selection of OBS as its next-generation core platform marks a significant step in enhancing operational efficiency and member engagement.

Both OBS and GenAspire are part of Black Dragon Capital℠, a multi-phase investment firm focused on disruptive technologies that strengthen economic stability within communities. The firm has supported multiple innovative credit unions and CUSOs in exploring advanced technology solutions tailored to the credit union movement.

“GenAspire and Open Banking Solutions complement each other in optimizing credit union processes. We are excited about this partnership and the opportunities it creates for engaging the next generation of members,” said Kenny Stivers, General Manager of GenAspire.

Joe Lockwood, CEO of OBS, added, “Partnering with GenAspire, a company committed to empowering youth through financial literacy and high school banking technology, allows us to address critical industry challenges and help credit unions deliver exceptional services to their members.”