Archive Links

Consumer Archive
CU System Archive
Market Archive
Products Archive
Washington Archive

News Now

Products
Stanford FCU first to deploy small biz PayLynx service
ST. PETERSBURG, Fla. (2/14/08)--Stanford FCU, Palo Alto, Calif., is the first credit union to use PayLynx for Small Business from PSCU Financial Services, the company announced. The credit union migrated business accounts that were using PayLynx and made the platform available to all small-business owners Feb. 1. “Platform installation and account conversions went very smoothly,” said Celeste Auger, Stanford FCU product manager. Stanford FCU has 550 small-business checking accounts, but Auger said she is hoping to build business deposits. The credit union is promoting deposits through e-statements, statement inserts and e-mails. It also launched a quarterly newsletter with financial tips and information about business products. PayLynx, powered by CheckFree, offers accounts payable functionality, authority levels for security and auditing, and e-bills and alerts. PSCU Financial Services has 500,000 PayLynx subscribers. Stanford FCU has more than $800 million in assets.


RSS print
News Now LiveWire
.@WhiteHouse honors NM Educators #CreditUnion Shana Runck as #ChampionforChange See #NewsNow http://t.co/gNEfCEQk14 http://t.co/DiKEsFrtL0
12 minutes ago
.@usgao wary of privacy controls for @CFPB's collection of consumer data. See #NewsNow http://t.co/BXyreqDJYE
1 hours ago
#Iowa Housing Authority honors #creditunion's mortgage commitment #NewsNow http://t.co/97me6ziPFa
16 hours ago
Adams to Zimmerman: Don't let your name define your financial decisions via @ndn http://t.co/kPVgQaDFNo
19 hours ago
Calif. ride-sharing law protects #creditunion collateral #NewsNow #System http://t.co/kXAAmbQgKO
20 hours ago