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Part of the Pack: Online Banking Growth, Integration Makes it Hard to Separate from Other Channels

By Staff Writer

Online banking is expected to continue to grow moderately over the next few years, and it also will become increasingly hard to justify measuring that channel as a separate entity, according to a recent TowerGroup report. TowerGroup estimates that slightly over 24% of U.S. households currently bank online, representing approximately...

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June 24, 2003

Summit Signs IBS to Provide Online Collection Management Services

CORVALLIS, Ore. - Summit Information Systems is now offering its credit union clients the services of the IBS Collection Management System from Intelligent Banking Solutions. Summit will market and support the online system, which offers delinquent account functions such as activity tracking, automated dunning letter production and collector work management....

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June 24, 2003

Pentagon FCU Selects eLynx Web Posting Service

CINCINNATI - eLynx Ltd., a provider of electronic document delivery solutions for mortgage lenders, has landed the $5.8 billion Pentagon Federal Credit Union as a client for its eLynx Web Posting Service. The service is designed to enhance the credit union's ability to electronically deliver and track residential mortgage closing...

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June 24, 2003

Go Figure: IT Spending Not Always the Key to Happiness

Here's one of life's little ironies: A recent study finds that business leaders unhappy with their in-house IT shops are more likely to increase their spending on new technology. In fact, according to 437 execs interviewed by Forrester Research at a variety of businesses and industries across the country, the...

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June 24, 2003

Nutmeg State FCU Finds Bill Payer Works Best as Freebie

ROCKY HILL, Conn. - Nutmeg State Federal Credit Union here is finding product bundling, particularly with free bill payment services, is a charmer in drawing new accounts. "We're doing great with our bill payer program ever since we bundled it with debit, checking, home banking and direct deposit," explained Loren...

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June 24, 2003

Online Banking Vendor Adds JPEG Image to Anti-Hacker Arsenal

CHAPIN, S.C. - A third level of authentication - which adds another level of protection against automated scriptwriters able to hack past the typical PIN and password system - is now being offered by PM Systems Corp. to credit unions using its WebFederal2 online banking solution. The three-way system adds...

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June 24, 2003

Oh, Say Can You See . a Future for the New `Me to Me?' - Analyst Says `Maybe'

SAN FRANCISCO - Consumers may find the idea of moving money between different banks and credit unions attractive, but they won't pay much for it and they won't use it often. That's the conclusion of a new report by Forrester Research analyst Catherine Graeber of the research and advisory firm's...

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June 24, 2003

Think Firm Says World Wide Web Continues to Grow World Wide

CEDAR KNOLLS, N.J. - If you're a bit skeptical that the World Wide Web is truly global, a new report from Probe Group might change your mind. According to the telecom think firm, North American originating and terminating routes accounted for less than half of overall international peak IP (Internet...

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Top News Stories

Part of the Pack: Online Banking Growth, Integration Makes it Hard to Separate from Other Channels

Harborstone Adding Business Functionality

West Virginia Corporate Goes with Goldleaf

Recommended Just For You

News Stories

Summit Signs IBS to Provide Online Collection Management Services

Pentagon FCU Selects eLynx Web Posting Service

Go Figure: IT Spending Not Always the Key to Happiness

Nutmeg State FCU Finds Bill Payer Works Best as Freebie

Online Banking Vendor Adds JPEG Image to Anti-Hacker Arsenal

Oh, Say Can You See . a Future for the New `Me to Me?' - Analyst Says `Maybe'

Think Firm Says World Wide Web Continues to Grow World Wide