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CUTEK creates eAlerts system for CUs
MURRIETA, Calif. (4/9/10)--CUTEK has developed an eAlerts system, Aviso EAS, which provides credit union members with real-time or batch-based transaction notifications. Numark CU, Joliet, Ill., has already signed up for the system, which allows members to pick eAlerts for their needs. Alerts can notify members when their checking account balances are low. Members can receive the eAlerts through e-mail or text messaging on mobile phones. Other notifications include courtesy pay, overdraft transfers, loan payments that are due, check clearings, direct deposit, debit or credit card transactions, large transactions or high balances. “Members receiving eAlerts--especially on their mobile devices--is a fast-growing trend in the industry right now,” said Ron Murray, CUTEK president. “We saw this as an opportunity to create a system so credit union members can provide their members with a new service that will keep them competitive with their peers, and their members in control of their finances.” Murrieta, Calif.-based CUTEK is a financial technology development and consulting firm for credit unions.


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