Archive Links

Consumer Archive
CU System Archive
Market Archive
Products Archive
Washington Archive
150x172_CUEffect.jpg
Contacts
LISA MCCUEVICE PRESIDENT OF COMMUNICATIONS
EDITOR-IN-CHIEF
MICHELLE WILLITSManaging Editor
RON JOOSSASSISTANT EDITOR
ALEX MCVEIGHSTAFF NEWSWRITER
TOM SAKASHSTAFF NEWSWRITER

News Now

CU System
LendingTools ViewPointe to offer corporate CU settlement
WICHITA, Kan., and NEW YORK (12/30/11)--LendingTools and Viewpointe have signed an agreement to jointly provide a new settlement option for the corporate credit union industry.

The partnership will help fill the void created by last week's announcement that the National Credit Union Administration had not found a buyer for major portions of U.S. Central and will be shutting down the failed corporate.

The service will integrate the net settlement of wholesale payment service originators with corporate credit unions and their member natural person credit unions.

Lending Tools' payments technology and Viewpointe's aggregate net settlement will provide corporate credit unions and their service providers an alternative to legacy direct settlement options, the companies said.

They expect the new settlement option will be ready for testing in the first quarter of 2012.


RSS





print
News Now LiveWire
RT @cumagazine: Make a good impression during your #CUNAGAC Hill visits: 8 tips http://t.co/C4gtRbQG2s
40 minutes ago
Taking a walkthrough before #CUNAGAC starts this weekend. http://t.co/k9hktHjm9b
1 hour ago
There will be lots of social media action at 2015 #CUNAGAC that starts in D.C. this Sunday. http://t.co/vyP4XbtFbk
1 hour ago
.@AACUC1 is part of a group of credit union organizations to introduce a new mentor program for small credit unions http://t.co/2vFE45ZnEW
1 hour ago
Perk up after Daylight Saving switch Sunday with #WescomKindness from @TheCoffeeBean @Liz_Wescom
2 hours ago