Credit Union Times | Accurate and Timely CU News

Special Report: Data Processing & Technology

By Staff Writer

Can Fiserv do wonders with new EDS unit? Are CUs going to be hit with fees for offering Quicken downloads? Learn about this and more on pages 18-26.

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Big Bank Drops Online Bill Presentment: Think Firm Says `Don't Follow'

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USERS' Latest Service Pack Covers Some Timely Industry Topics

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August 12, 2003

CashEdge Adds Two Billion Dollar Clients; GTE FCU and Patelco CU Sign on For Money Movement and Aggregation

NEW YORK - CashEdge is on a roll with the signing of two billion dollar credit unions - the $3 billion Patelco CU and $1.3 billion GTE FCU. Both credit unions are adding CashEdge's inter-institution transfer solution (Online Money Movement) and its aggregation piece (Advanced Account Aggregation). Money Movement allows...

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August 12, 2003

Survey Says . 43% of EDS Clients Generally Satisfied

The good news for Fiserv is the majority of EDS CU clients are satisfied. Bill Rogers conducted a survey of EDS credit union clients. Sending surveys to 500 clients, it received a 20% response (96 clients), so the survey is by no means all encompassing, but it is a viable...

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August 12, 2003

The Evolution of the EDS Credit Union Industry Group

The EDS CUIG has been built by acquisitions. The following are the major deals: * CUNADATA Madison, Wis. Acquired in 1981 * Data Processing of the South Charlotte, N.C. Acquired in April, 1982 * Virginia Data Norfolk, Va. Acquired in October, 1982 * League Data Services (Missouri CU League) St....

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August 12, 2003

Think Firm Sees ATM/POS as Springboard for New Financial Services Hub - The CIM

NEEDHAM, Mass. - When the topic is the latest and greatest in bank and credit union service delivery channels, a mainstay of retail services hardware infrastructure - the automated teller machine - is often overlooked. Yet the venerable ATM and point-of-sale (POS) processing space could well be the foundation of...

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August 12, 2003

Quicken to Orphan Old QIF Technology, Charge for Web Connect

MOUNTAIN VIEW, Calif. - Sometime next year, Quicken will quit supporting the QIF format that has long been used by credit union members to download transactions, opting instead to rely solely on the much-more robust open financial exchange (OFX) technology its maker helped create. Intuit had been telling online banking...

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August 12, 2003

From a Plain Vanilla Communications Tool to a Function-Rich Solution

WEST LAFAYETTE, Ind. - Many credit union intranets have quickly morphed from a place to post company picnic announcements to an interactive tool that can allow tellers learn how to conduct complex transactions live without losing eye contact with the member. That's the kind of robust functionality the internal Internet...

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August 12, 2003

EDS CU Group Not in the Best of Shape, But Fiserv Believes the Talent in Place Can Revive Business

BROOKFIELD, Wis. - Fiserv traditionally takes a hands-off approach with acquired companies, but can it do that with the recently acquired EDS Credit Union Industry Group, which by its own admission has been somewhat neglected by EDS? Leaders of the EDS group (now known simply as CUIG) say that in...

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Top News Stories

Special Report: Data Processing & Technology

Big Bank Drops Online Bill Presentment: Think Firm Says `Don't Follow'

USERS' Latest Service Pack Covers Some Timely Industry Topics

Recommended Just For You

News Stories

CashEdge Adds Two Billion Dollar Clients; GTE FCU and Patelco CU Sign on For Money Movement and Aggregation

Survey Says . 43% of EDS Clients Generally Satisfied

The Evolution of the EDS Credit Union Industry Group

Think Firm Sees ATM/POS as Springboard for New Financial Services Hub - The CIM

Quicken to Orphan Old QIF Technology, Charge for Web Connect

From a Plain Vanilla Communications Tool to a Function-Rich Solution

EDS CU Group Not in the Best of Shape, But Fiserv Believes the Talent in Place Can Revive Business