Market consolidation of core processing companies is not a good thing for credit unions.
However, the NCUA will follow the guidelines when participating in an FFIEC-initiated technology vendor review, agency said.
After 11 years as a leading mortgage CUSO, Prime Alliance has been sold to become a subsidiary of Mortgage Cadence, a mortgage technology firm with a similar approach and some credit union clients. As a subsidiary of Mortgage Cadence, the firm will no longer remain a CUSO.
Prime Alliance sale ends 11 years as CUSO, adds capital to growth and upgrades. Find out more in this preview from next week's print edition.
Four more credit unions have committed to the online personal financial management solution from Geezeo, the company said.
Geezeo said it has added four more credit union clients for its personal financial management solution and another core processing partner.
At my ATM, a message displays: “Quinton, how will you pay for your daughter’s college education in seven years?”
That's according to people who make their living helping credit unions and other financial institutions accommodate new technologies and the compliance challenges that come along with them, as well as shape the rules themselves.
A pair of technology providers said they have combined their human emulation and online account opening tools to help reduce the number of abandoned applications.
The sheer speed with which the iPad has become a household name has been remarkable, analysts and industry observers said, and that success has