News

This chart shows the total percentage of mortgages that will be closed online this year through 2005 as estimated by Celent Communications. While truly paperless mortgages remain "a distant vision," according to a recent report from the research and advisory firm, the marketplace is demanding greater efficiencies and better customer...

So, what do people spend their time doing when they're online? The Pew Internet & American Life Project conducts regular surveys to find out. Here are the latest results.

TowerGroup, the Boston-based research and advisory firm that has partnered with CUNA to offer services to the credit union space, has just released a report on its analysis of the online banking services at the largest of the U.S. banks. Here are two tables from that report. The first shows...

MADISON, Wis. - One year after opening, CUNA Mutual Group's LoanLink Center is celebrating hitting several milestones concerning loan application and dollar volume. The LoanLink Center, a credit union-owned lending call center that provides 24/7 lending support was formed in October 2002 by CMG and APPRO Systems Inc., a leading...

DETROIT - Maxxar Corporation, well-known in credit union land for its telephony products, has formed an alliance with credit union data processor XP Systems, a Fiserv subsidiary, to offer its speech recognition and interactive voice response (IVR) technologies for XP Systems' XP2 product. The partnership includes the integration of Maxxar's...

BOISE, Idaho - Database Management Services, Inc. has released a Spanish version of its HomeCU Internet banking software. Currently 200 credit unions, at an average size of $30 million, are on the HomeCU product. The Spanish version will be free for any HomeCU credit union client that chooses to activate...