News

ENGLEWOOD, Colo. -- Aimbridge Lending Solutions has added customized dashboards, scenario planning, and internal rate of return tools in an upgrade of its enterprise lending platform, the company said.

BALTIMORE -- Thanks to a new public and private partnership involving Municipal Employees Credit Union of Baltimore, Inc., area youth will have the opportunity to learn to play golf as well as learn life skills.

BOSTON -- A report from the Aite Group LLC, a noted financial services consulting firm, found that 33% of cardholders surveyed would be open to so-called "decoupled" debt cards.

WASHINGTON -- In the eight months since its launch, the Small Business Administration's Patriot Express Loan Initiative has produced 1,007 loans amounting to more than $100 million, with an average loan amount of nearly $101,000, the agency said today.

WASHINGTON -- The Electronic Payments Coalition has come out strongly in opposition to H.R. 5546, a bill the coalition said would mandate price controls on interchange and deprive consumers of some of the things they most like about their credit card programs.

SAN ANTONIO -- Effective March 10, San Antonio City Employees Federal Credit Union is moving on in 2008 with a new name--generations Credit Union.

WASHINGTON -- CUNA policy committees and subcommittees are evaluating the possible impact of H.R.5546, the Credit Card Fair Fee Act, a bill that mandating changes to credit card interchange under the threat of government intervention.

GLASTONBURY, Conn. -- Open Solutions Inc. has released an upgraded version of its relational database core processing platform for credit unions and banks.