MEMPHIS, Tenn. – The past year was a good one for Share One.
The Memphis-based core processing CUSO said it had record sales in 2008, signing contracts with more than 20 credit unions in the year just ended and expanding its client list to 63, including The Service Center for Credit Unions.
The Philadelphia-area company provides financial and data services to a group of 11 smaller credit unions and needed to find a new core processor after a bankruptcy of its current provider, Share One said.
The CUSO responded with the creation of NS Direct, a smaller version of its flagship NewSolutions platform
Half of the 20 conversions in 2009 will be to NS Direct and the rest to NewSolutions, Share One said.
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