News

WASHINGTON - The growth in subprime lending to credit-impaired borrowers has opened the door to home-ownership for many consumers that would have otherwise remained shut. But subprime lending to consumers with credit problems has also indirectly given rise to two mortgage processes in the U.S. - one that leaves borrowers...

WINDSOR, Ontario, Canada - People always talk about win-win situations, but Windsor Family Credit Union (WFCU) came up with a great win-win situation. When they offered to help local organizations they ended up with a lot more than goodwill. They found major growth. In an interview with Credit Union Times,...

SYDNEY, Australia - What does a league do when the relationship between them and their members is borderline warfare? That's what Steve Laue had to face when he signed on as CEO of the Credit Union Services Corporation Australia (CUSCAL). When Laue walked through the door in June 2000 to...

WEST PALM BEACH, Fla. - When it comes to shopping online, consumers want security. So far there have been three standard solutions to the online secure-shopping dilemma: single-use credit card numbers that generate a unique credit card number for each online purchase; credit card locks, which require consumers to call...

ALPHRETTA, Ga. - The Equifax Payment Services division of Equifax Inc. has officially changed its name to Certegy,Inc. According to Certegy, Inc. President/CEO Lee A. Kennedy, the new name embodies the concepts of certainty, energy, technology, and strategy, which are the company's core business characteristics. Working with Landor, a national...

AUSTIN, Texas - Internet solutions firm FundsXpress Financial Network, Inc., has partnered with aggregation firm uMonitor, Inc. Under the partnership, FundsXpress will incorporate an account aggregation tool in its product suite, which includes online banking, a portal, an e-wallet, and others. Users will have a single-point log-in to track their...