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Cypress Software Introduces AVM Module for Mark IV Consumer Loan App

By Staff Writer

NORTH RICHLAND HILLS, Texas - Cypress Software Systems has come out with its new Automated Valuation Model (AVM) for its Mark IV consumer loan origination application. The module helps financial institutions instantly retrieve an accurate residential property value, thus reducing the time and effort involved when using traditional property appraisal...

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November 29, 2005

Signature Debit Brings More Money But Costs More Too, First Data Says

DENVER - Signature debit transactions bring credit unions more revenue from higher interchange but they cost more too. That is the conclusion of a report from First Data Corporation, a leading card processor and the parent company of the STAR network, a leading ATM and EFT network. While the "POS...

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November 29, 2005

Total Card Spending Anticipated Higher

ARLINGTON, Va. - Carddata.com, a Web that tracks cards trends, reports that Americans are on track to charge nearly $2.7 trillion to their general purpose payment cards this year, about 13% more than last year. The projected figure includes $1.9 trillion in bank credit card charges and approximately $800 billion...

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November 29, 2005

FSCC Roles out Gift Card Benefiting Children's Miracle Network

SAN DIMAS, Calif. - The Children's Miracle Network will get a 50-cent boost every time a credit union member purchases one of the Credit Unions For Kids gift cards, a new product being offered by the Financial Service Centers Cooperative, the national shared branch network headquartered in California. FSCC says...

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November 29, 2005

Card Portfolio Sales Leveling Off

PORTLAND, Ore. - AssetExchange, a leading brokerage for credit union card portfolios, said the market for those portfolios, which looks to come in slower to flat in 2005 after having begun more strongly, said that there are reasons the market may pick up or continue to be flat in 2006....

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November 29, 2005

Porter Tells Banks: Differentiate and Have a Strategy or You'll Eventually Die

ORLANDO, Fla. - Retail banks are accustomed to hearing Michael Porter's blunt comments about their industry, and this year was no different. Building on themes he first touched on when he spoke at BAI's Retail Delivery Conference & Expo in 1997, the Harvard Business School professor gave attendees at the...

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November 29, 2005

Growth in Servicing ATMs Leads Diebold to Build New Warehouse

NORTH CANTON, Ohio - With slightly more than 50% of its total revenue in 2004 coming from servicing its ATMs, Diebold has opened a brand-new, 165,000-square foot facility to help meet its growing service commitments. The two-story Diebold Global Service Logistics Center will serve to warehouse and streamline the distribution...

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November 29, 2005

MSI Introduces Check 21 Image Exchange, Direct Settlement Services

OKLAHOMA CITY - Myriad Systems Inc, a developer and provider of transaction, document and statement processing and mailing distribution services and software, has launched its MSI DirectPresentment.com check image management system. MSI says the new product bypasses or even eliminates the networks that so many Check 21 systems depend on,...

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Top News Stories

Cypress Software Introduces AVM Module for Mark IV Consumer Loan App

The Golden 1 Hit By Skimmers

CO-OP Network Heading Into 7-Eleven Stores

Recommended Just For You

News Stories

Signature Debit Brings More Money But Costs More Too, First Data Says

Total Card Spending Anticipated Higher

FSCC Roles out Gift Card Benefiting Children's Miracle Network

Card Portfolio Sales Leveling Off

Porter Tells Banks: Differentiate and Have a Strategy or You'll Eventually Die

Growth in Servicing ATMs Leads Diebold to Build New Warehouse

MSI Introduces Check 21 Image Exchange, Direct Settlement Services