News

CAMBRIDGE, Mass. - Across North American businesses, information technology staffing will grow just slightly in 2004, tracking IT budget forecasts of meager growth, according to a new study by Forrester Research. Credit unions and other financial service organizations are part of that trend, and IT directors in CU land who...

FRAMINGHAM, Mass. - Emerging alert and notification technology will be make it easier for credit unions to reach out to new members and stay in more profitable touch with older ones. Financial Insights analyst Richard J. Bell expects the leading medium to large financial institutions in the country to deploy...

COLUMBIA, S.C. - For at least one major credit bureau, dialup modem connections are going the way of the rotary phone. Experian plans to retire its dialup network by May 31 in favor of the Internet, which offers greater speed, functionality and service options for loan officers pulling credit reports...

WASHINGTON - Helping software learn while learning a good bit themselves about what credit union members want and need to know is a hot activity for some folks at Callahan & Associates right now. The advisory firm has contracted with Fuze Digital Solutions of Bellevue, Wash., to deploy Fuze MemberLink,...

COLUMBIA, S.C. - Straight-through processing (STP) may get legs in 2004, but adoption of the system that some analysts say will represent a sea change in the financial services industry is expected to take place step by step in credit union land. The automated end-to-end processing of financial transactions is...

DALLAS - Jerry Thompson doesn't mind the "blood, sweat and tears" of being on the bleeding edge of leading edge technology, especially when the risks are so quickly rewarded. Thompson is senior vice president/CIO of Credit Union of Texas, which in January launched its participation in the automated auto-financing loan...