News

Credit unions aren't shy about adding innovative new products. Read about some of them and more technology news on pages 26-36.

ORLANDO, Fla. - If the first two weeks' level of activity on Insight Financial CU's new online mortgage center is any indication of members' approval of the new product, then the CU can consider it a success. Insight Financial CU has added an online mortgage origination center to its Web...

BOSTON - Driven by hack attacks and worse, and prompted along by regulations arising from Gramm-Leach-Bliley, Sarbanes-Oxley, HIPAA and more, the managed security services market is on a roll, going from $1.5 billion in 2002 to a projected $3.7 billion in 2008. The technologies behind the services also are growing,...

FRAMINGHAM, Mass. - As smaller financial institutions, credit unions often find themselves following the leaders when it comes to adopting the new ways of doing business. So, despite the hype, there may not be that much of a rush to begin trading check images when Check 21 takes effect on...

HARRISBURG, Pa. - About two and a half years ago Pennsylvania State Employees CU sent potential fraud shockwaves through the industry when it announced that it was going to allow members to enter in deposits online via home banking before the credit union even had the check. The concept was...

CAMBRIDGE, Mass. - The adoption of data warehousing technologies is growing sharply, according to Forrester Research. The think firm's quarterly data warehousing survey found that more than two-thirds of the 170 participants in a major industry conference plan to increase spending on the technology at their organizations. Driving the spending...