Velocity Solutions of Wilmington, N.C., said it has acquired the overdraft software business of Sheshunoff Consulting + Solutions of Austin, Texas.
Collections, loan-origination enterprise software provider says new products spurring need to add 13 new positions in 2011.
Stakeholders argue that guidelines fall short of addressing evolving threats and have tough-to-meet deadline.
Credit unions looking to grow their business often turn to commercial and business accounts, but that can be tough going.
More than a thousand natural person credit unions using WesCorp or Southwest Corporate for branch capture solutions are being offered free upgrades and transition services from the software provider.
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."
The nation's fourth largest mortgage lender wants to forge lending relationships with credit unions.
Though Gulf Coast credit unions-veterans of hurricanes Katrina and Ike,
Credit unions that have a culture of cooperation between information technology and business managers generally outperform their peers that tend to work in silos and reach out only on a case-by-case basis.
Smaller credit unions can now free up some more staff time from ATM management, thanks to a new tool from Morphis, a software firm specializing in cash management.