News

ATLANTA - SecureWorks has made its first acquisition. The Atlanta-based Internet security company has purchased TesserEye of Austin, Texas, for an undisclosed amount. TesserEye operations will remain in Austin, where it currently has eight employees, and SecureWorks now is providing 24/7 network intrusion protection to the 30 customers of its...

STAMFORD, Conn. -The job boom in information technology is over, apparently, at least in this country. Two new reports indicate that not only are jobs not as plentiful in the once red-hot IT sector here, but the upward pressure on the salaries commanded by the specialists within that sector also...

There's no doubt that Fiserv's acquisition of the EDS Credit Union Industry Group (CUIG) for $218 million is the largest transaction in the history of the credit union technology industry. As news of the transaction has circulated in the last weeks and months, many have speculated about the impact this...

PITTSBURGH, Pa. - US Airways Federal Credit Union staffers were spending lots of good valuable time cleaning up bad e-mail addresses, but an add-on to the credit union's core processing system is changing all that and more. The 84,000-member, $640 million CU is one of the first USERS Inc. clients...

COLUMBIA, S.C. - A combination of attitudes and technology is making marketing to members through the electronic channel no picnic in the park. Giving them the option to opt in or out of receiving marketing messages has long been the standard way to try to make sure members don't feel...

McLEAN, Va. - With $155 million in assets and 33,000 members, Pinnacle Federal Credit Union might be small in size, but it's the first credit union in the industry to deploy what may be the next big thing in financial services. The Edison, N.J.-CU is one of two financial institutions...

BELLEVUE, Wash. - As former CU dot.com firms CU Shopper, MembersResources.com and Total One can attest to, the Internet space wasn't exactly friendly for fledgling tech firms in the late `90s, but ShareBuilder leaders say they believed so much in their model they're not surprised how things turned out. ShareBuilder...

PORTLAND, Ore. - A new online auto auction service created specifically for credit unions is a bit of a family affair. Michael Taylor and Mark Coleman were friends and colleagues at a software company with credit union and auto dealer clients when Taylor's mother, Arlene Moss, then manager of Dal-Gold...