Bow Valley Credit Union Deploys Digital Account Opening with Thirdstream


Bow Valley’s adoption of the Retail Deposits Online solution simplifies remote account opening with consumers.

LETHBRIDGE, AB, CANADA, October 6, 2021 / – Bow Valley Credit Union has successfully deployed third streamThe digital account opening solution for retail, branch and online banking. Integrated into Bow Valley’s core banking system, Thirdstream’s solutions enable new account opening in real time and give existing members the ability to purchase additional products, virtually and in person.

“We went ahead with Thirdstream because they were able to show us the power of their solutions, in production with financial institutions today,” said Lynn Dunlop, director of IT and banking operations. “As we implemented our digital strategy, it was essential to engage with the fintechs that deliver to the market today, and that’s what we found in Thirdstream. “

Real-time integration with core banking services was achieved as part of the initiative, with Bow Valley Credit Union using Celero Solutions’ API layer. This allows for a typical 5 minute application process from initial click to approval and account funding.

Thirdstream provides retail and commercial deposit account opening and consumer loan solutions to nearly 50 Canadian banks, trusts and credit unions. Their IDV solutions verify consumer government issued IDs, including driver’s licenses and passports. This can be combined with vividness checking and selfie submissions, ensuring the contestants are who they say they are.

“Thirdstream strives to give financial institutions the tools they need to attract consumers in an increasingly competitive environment,” said Keith Ginter, CEO of Thirdstream. “Our goal is to ensure that we continually provide solutions that meet the digital banking needs of financial institutions and that we bring live and functional solutions to market. “

Consumer and commercial solutions are available in branch and online, running in some of Canada’s largest financial institutions. State-of-the-art IDV capabilities are combined with document management capabilities to secure sharing of sensitive documents. When signatures are required, electronic signature capabilities create a seamless experience for multiple account holders to verify identities and take on all signing responsibilities.

Bow Valley is joining nearly 50 leading Canadian financial institutions from coast to coast to adopt the online and in-branch digital lending and account opening solutions that Thirdstream has deployed today.

About Bow Valley
Bow Valley Credit Union is committed to providing exceptional banking, features, service, security and advice so our members can work to get whatever they want with their money and their lives. We care about our members and their plans, hopes and dreams. We are committed to both our communities and our members, so much so that our members are at the center of everything we do. It is in our DNA to provide a responsive, user-friendly and effective means of financial security and we are always looking for innovative ways to improve the lives of our members and help them be financially healthy. For more information, please visit

About Thirdstream, Inc.
Thirdstream, headquartered in Lethbridge, Alberta, provides digital, online and in-branch account opening solutions to more than forty clients across Canada. From identity verification to account funding, Thirdstream’s suite of solutions support consumer acquisition, business integration, unsecured retail loans and credit card arbitrage. The platform is cloud-based, designed for individuals and businesses, as well as financial institutions targeting consumers anywhere, anytime, from any device. For more information, please visit

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third stream
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