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Equifax uMonitor team up on online account services

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MEMPHIS, Tenn. (1/22/08)--uMonitor has teamed up with Equifax to offer financial institutions, including credit unions, a new interface to improve online account-opening practices and expand online channels. The interface uses Equifax’s risk-decisioning technology and uMonitor’s uOpen and uFund online account opening and funding solutions. The interface has identity verification, authentication capabilities, and a pre-screen and cross-sell scoring matrix for financial institutions’ products and services. “Combining our online account opening and funding with its existing infrastructure will improve the levels of accuracy and efficiency available for financial institutions,” said Dinesh Sheth, uMonitor CEO.

CMG Risk-manager webinars lineup announced

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MADISON, Wis. (1/22/08)--CUNA Mutual Group is offering seven free risk-management webinars designed for credit union bond policyholders. The webinars aim to provide credit union staff with insight and best practices to improve their programs, said Gary Pate, director of insurance compliance and risk management for CUNA Mutual. This year’s sessions include:
* Lender Liability Lawsuits--An Evolving Exposure (Jan. 23 at 10 a.m. and 2 p.m.); * Disaster Preparedness--Prepare for the Unexpected (March 12 and 16 at 10 a.m. and 2 p.m.); * The New Wave in Payments--Risks on the Horizon (May 14 and 28 at 10 a.m. and 2 p.m.); * Director Responsibilities--What Every Director Should Know (July 9 and 23 at 1 p.m. and 6 p.m.); * Fiduciary Risk--A Sleeping Giant Ready to Awake? (July 9 and 23 at 10 a.m. and 2 p.m.); * Plastic Card Fraud Trends (Sept. 10 and 24 at 10 a.m. and 2 p.m.); and * Credit Union Service Organizations--Controlling Risk to Drive Reward (Nov. 12 at 10 a.m. and 2 p.m.).
Participants will need a computer, an Internet connection, a Web browser and a telephone. Registration opens 45 days before each class. For more information, use the link.

Open Solutions expands international reach

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GLASTONBURY, Conn. (1/22/08)--Open Solutions continues to expand its list of international clients by signing Mexico-based IXE Banco to implement Open Solutions’ Complete Banking Solution. IXE Banco also will implement Open Solutions’ cView, StreamLend Velocity and Interaction Management Center. Open Solutions also recently contracted with Asia Commercial in Ho Chi Minh City, Vietnam; and Bridgetown, Co-Operative CU in Bridgetown, Barbados, as well. IXE has more than $1.5 billion in assets, 120 branches, and 240,000 customers. Open Solutions is a core data processor for financial institutions, including credit unions.