The effort to create a new technology standard for integrating credit union-specific software has marked a number of milestones since it was launched by members of the CUNA Technology Council.
This preview from next week's print edition looks at the work on new integrating standards for credit union-specific software.
Technology provider says 286 new self-service banking contracts penned in 2012, with mobile payments moving into picture.
The $916 million New England Federal Credit Union in Williston, Vt., plans to convert to the PhoenixEFE core processing system from Harland Financial Solutions, the company and credit union said.
A trusted disaster recovery plan not only ensures credit unions that their data will be safe should a system failure occur, Federal Financial Institutions Examination Council examination guidelines require financial institutions to have one in place.
Vermont credit union fourth in industry to adopt Harland Financial Solutions platform more widely used by banks.
Three of six are current Fiserv customers switching platforms.
While Fiserv Inc.’s purchase of Open Solutions Inc. marked the end of an era, it also sparked conversation about how the financial services technology giant will handle the addition of another handful of core account processing platforms to its portfolio.
Get an in-depth look at the Fiserv takeover of Open Solutions in this preview from next week's print edition.
Three more Southern California credit unions will be moving to the CU*BASE core processing platform through CU*NorthWest, the company said.