Two well-established vendors in the credit union space just held their annual meetings: portal provider Passageways LLC and collections and collections, lending and data analysis specialist Akcelerant Software.
Passageways, founded as a CUSO at Purdue Federal Credit Union in West Lafayette, Ind., a decade ago, celebrated its 10th anniversary with a conference in St. Louis that drew more than 150 customers from its financial services and health care client list earlier this month.
"This 10-year journey, with all its wonderful ups and sometimes horrible downs, has been a memorable one. Our customers and especially our early adopters are the reason we continue to innovate and thrive as a company today. I see nothing but even more fun times for our team as Enterprise Collaboration continues to be an exciting space to be in,” said CEO Paroon Chadha.
Chadha helped form the company as a creator of intranet portals for credit unions while he was a grad student at Purdue University. He said Passageways has now provided solutions to more than 300 credit unions and other clients across several industries.
Akcelerant, meanwhile, stayed home for its 2013 Customer Educational Conference from April 29 to May 1 in Philadelphia. The Malvern, Pa., company said more than 240 attendees from 120 financial institutions and vendors attended.
Sessions included lab and classroom discussion and focused on current topics such as legal considerations, effective lending, internet investigation techniques and foreclosure trends.
The company said presenters included Brad Pizer of Pizer & Associates P.C., CUNA Mutual Group Northeast sales manager Kadie Reichardt, licensed private investigator Michèle Stuart and Rich Sharga, executive vice president of Carrington Mortgage Holdings.
“I would like to thank all of our attendees for their continued participation, as well as acknowledge the importance of our 14 partners and sponsors, especially SWBC, this year’s premier event sponsor,” said Eric Snyder, Akcelerant executive vice president, business development.