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uMonitor revenue grows 30 in 2008

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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.

THINK 2009 includes Obama campaign manager Travelocity

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RANCHO CUCAMONGA, Calif. (1/15/09)--The campaign manager for President-elect Barack Obama and the founder of Travelocity.com are slated to speak at CO-OP Financial Services’ “THINK: Change Your Mind” event April 5-8 in Austin, Texas. Obama’s campaign manager, David Plouffe, will present “Adapting in a Changing World: Building a Grassroots Movement in the 21st Century.” Travelocity founder, Terry Jones, will present “The Business of Innovation.” Other speakers include:
* Scott Bedbury, former Nike worldwide advertising director, speaking about “Differentiation and Branding”; * Michael Bergdahl, former director of “people” at Wal-Mart, “Own Your Category--Change/Challenge/Choice”; * Doug Lipp, former head of training, Walt Disney University, “The Magic of Exceptional Customer Service”; * Peter Schutz, retired CEO at Porsche AG Worldwide, “Getting Beyond a Commodity Business”; and * Robyn Waters, former vice president, trend/design/product development at Target, “Reinvention: Trend/Countertrend.”
CO-OP also will host a question-and-answer blog and podcast this month with some of the speakers. A 25% discount will be offered to credit unions that register by Jan. 30. CO-OP Financial Services, a credit union service organization, offers 28,000 surcharge-free ATMs to credit union members nationwide.