Core processing platform distributor links up with person-to-person payments developer.
Six-thousand member suburban Atlanta CU using platform from core processing provider Bradford-Scott.
Metco Credit Union in Cedar Rapids going with solution from Bradford-Scott Data Corp. in Indianapolis.
Core processor used by 300 credit unions to integrate personal financial management solution.
Mobile banking has created new opportunities for consumers and criminals alike, and some of the greatest vulnerabilities stem from the same factors that make banking by cell phone so attractive, industry observers and participants say.
While an estimated 90% of U.S. consumers use mobile phones, far fewer use them for banking. In fact, a Gartner report released in June said that out of the group studied, only 15% had used mobile banking in the past month.
Bradford-Scott Data Corp. said it will be converting Sheboygan Area Credit Union to the Sharetec System core processing platform.