Archive Links

Consumer Archive
CU System Archive
Market Archive
Products Archive
Washington Archive

News Now

Products
uMonitor revenue grows 30 in 2008
MEMPHIS, Tenn. (1/15/09)--uMonitor, a provider of online solutions for financial institutions, announced 30% revenue growth and a 60% increase in its employee base for 2008. New account applications increased more than 90% last year, and the number of automated clearinghouse account-to-account transfers grew 30%. The amount of money transferred increased 40%. “Today’s market has helped financial institutions recognize the important need to take further advantage of their online channel to [bring] onboard new customers,” said Dinesh Sheth, uMonitor CEO. The company also signed new clients--including Visions FCU, Endicott, N.Y. New uMonitor strategic partners include Equifax, Fidelity, Open Solutions, Experian, Fiserv, TransUnion, ACI and NCR. uMonitor expanded options for uOpen and uFund, which offer credit union members a self-service method to open and fund a new account themselves. Both uOpen and uFund were upgraded and offer three new deployment selections--Go-to Market Solution, Plus Solution and Total Solution.


RSS print
News Now LiveWire
How #creditunions use FHLBs in their operations, Part 3 #NewsNow #System http://t.co/DXgRqXiRAn
1 hours ago
Retirement reality fairs: Looking at post-work futures today. #NewsNow http://t.co/IcM4uK3IOl
2 hours ago
#HomeDepotBreach: What it means for consumers with 56 million compromised cards See #NewsNow http://t.co/9MJ9JTnHYC
2 hours ago
Welcome to Jim @Nussle as @CUNA pres/CEO today #NewsNow http://t.co/Y2pRFv6diW
3 hours ago
#FreeGasFriday courtesy of @tvfcu, TN #creditunions http://t.co/wDRFYJVlpz
18 hours ago