A South Dakota credit union and its mortgage lending arm are the first users of a new core processing platform from CU*Answers.
The 55,000 members of the $551 million Consumers Credit Union in Waukegan, Ill., will soon be offered merchant, home and mobile remote deposit capture from their credit union.
Illinois CU integrating new solutions along with core processing conversion.
Beginning next year, NCUA examiners will expect credit unions to be following a tougher new set of guidelines for securing online banking and money transfers.
Matz, chair of FFIEC, says federal credit unions will need to "adapt appropriate strategies" to meet new guidance on online security.
Multi-agency council, chaired by NCUA's Matz, says new guidance will be added to examiner expectations starting next year.
Geezeo is helping credit unions go beyond just in-branch member referrals with the launch of a referral engine at ourreferralengine.com.
With emerging trends in data replication, credit unions now have a cost-effective, efficient and more technically advanced alternative to current tape-based disaster-recovery scenarios.
In anticipation of approaching regulatory changes, data processing company CU*Answers has launched a new software upgrade.
Generation Y is expected to have a profound impact on the way in which business is conducted for decades to come. The financial services sector is not exempt from this transformation.