HALES CORNER, Wis. - JPMorgan Chase Company's recently completed merger with Bank One has turned the surviving JPMorgan Chase into one of the largest item processors in the country processing some 20 million items a day. The mega bank said it's interested in getting its item processing services into the...
NEEDHAM, Mass. - Because radio frequency (RF) payment systems and RFID inventory tags are still in their infancy and often not fully understood by consumers, they have been subject to some occasionally nasty talk about violating consumer privacy. But they are two very different things. A recent report by TowerGroup...
AVON, Conn. - COCC plans to pass the savings from Check 21 on to its processing clients by acting as an image-exchange broker, the company says. "Our strategy is to aggregate the outgoing check images, ship them electronically to the exchanges that offer the best funds availability and lowest processing...
WASHINGTON - Build it and they will come. Build it poorly and they won't come back. That's one message from consumers who participated in a Callahan & Associates Survey Consortium about their experience in using online loan applications. The online survey of 14,154 members of 15 credit unions found that...
VANCOUVER, B.C.-Right now, more than 35 million Americans are over 65 and control $10.7 trillion in retirement assets. Credit unions can take some of that for their own, ISYS Director of Resource Development Michael J. O'Brien told participants in NAFCU's 37th Annual Conference & Exhibition. If that sounds like a...
SALT LAKE CITY - SunCorp President/CEO Eric Kenealy said SunCorp has taken a giant step forward with image exchange- that is transmitting check deposit images from a credit union to the corporate. "While other providers are talking about providing branch image capture, SunCorp is doing it," said Kenealy. The new...
VANCOUVER, B.C. - With the economy on an upswing, credit unions need to up their recruitment and retention efforts more than ever-not just for their front line but also management positions. "During the recession, jobs were tight, and employees were content to stay with their employer. An improving economy will...