As discussion of the impacts of NCUA’s recent memo outlining termination dates for various services offered by U.S. Central Bridge grows in the industry, one deadline has generated heated discussion–and worries–on the part of some credit union leaders. That is auto settlement, a comparatively obscure wholesale settlement service where U.S....
Transaction processor Lending Tools on Monday told Credit Union Times in an exclusive interview that it had signed a “significant” number of corporate credit unions to “binding agreements.”
Lending Tools and Viewpointe today announced a collaboration to provide an innovative auto settlement solution to credit unions.
ACH and related lines of business not included last week's eCom sale to CO-OP.
Kansas-based payments processor said to be, along with Fiserv, one of two bidders for U.S. Central.
Accept this reality: How corporate credit unions were will not be again, at least not soon.
No conversation about the future of corporate credit unions goes very far before an ugly question intrudes. Isn’t it time to extinguish corporates entirely and turn the correspondent service work over to banks?
LendingTools.com CEO Eric Goering positioned yesterday's announcement that the Wichita, Kansas-based developer of correspondent tools had won its first credit union deal with Kansas Corporate Credit Union as a victory 10 years in the making.
A Kansas software firm, specializing in serving the 20 "bankers' banks" across the U.S. on settlement and payments, is enjoying a spurt in activity from the corporate credit unions "about ready to make a change."