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MeridianLink teams with Experian on online services

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COSTA MESA, Calif. (1/20/11)--MeridianLink and Experian have joined forces to create a solution to improve the delivery of online financial services while increasing reliability of new account and credit decisions. The new solution will help mitigate fraud and reduce back-end operational costs, said the companies. MeridianLink developed the industry's first multi-channel account opening and loan origination platform. Experian is a global information services company. "Banks and credit unions are looking for online account opening and lending solutions that are based on accurate data returns from a variety of real-time inquires like Experian's PreciseID provides," said Edward Guerin, vice president of business development at MeridianLink. "With Experian's support, our tightly integrated solution delivers that." The Experian function ensures that every new account or loan application meets clearly defined identity authentication, verification, Office of Foreign Assets Control screening and credit criteria in real time. MeridianLink's system enhances the convenience and delivery of lending and account opening, It can be set up to communicate with existing systems to offer integration of third-party products and consolidate applicant data from all existing channels--Web, branch, call center, indirect and kiosks.

PSCU CUSO extends Fiserv online bill payment

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ST. PETERSBURG, Fla. (1/20/11)--PSCU Financial Services has agreed to continue offering Fiserv’s Checkfree RXP bill payment capabilities through PSCU’s PayLynx online bill payment platform. During 2010, PSCU Financial Services, a credit union service organization, facilitated marketing campaigns with more than 170 credit unions to help increase bill payment activation. By year-end, CUSO had 1.1 million bill payment subscribers. “A robust online bill payment platform attracts members and is an influential factor in selecting a primary financial institution,” said Mike Yatros, interim CEO of PSCU Financial Services. He particularly mentioned Fiserv’s continuing platform innovations, such as its ZashPay SM person-to-person (P2P) payment option, which “allows members to quickly send or receive money using existing online banking accounts, regardless of the recipient’s financial institution.” PSCU Financial Services’ PayLynx online bill payment solution is deployed at more than 475 financial institutions.

Newteks Small Biz Authority has new website

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NEW YORK (1/20/11)--Newtek Business Services, The Small Business Authority, has rolled out a new website. The goal of The Small Business Authority branding strategy is to establish its website as the online destination spot for small businesses. According to Newtek, a CUNA Strategic Services provider, the 27 million small businesses nationwide represent 51% of non-farm gross domestic product and 99.7% of all employer firms. Features of thesba.com that impact small-business owners include:
* A free monthly newsletter for independent small business owners; * The SB Authority Small Business Index; * The SB Authority Market Sentiment Survey; * News reports and updates about the economy for the small business owner; * SB authority informational videos; and * Information on acquiring products and services for independent business owners.
The new website includes small business news, monthly economic measurements, monthly owners’ market sentiment measurements, monthly SB University tips for business owners, cost savings and discounts on small business products and services, and news out of Washington, D.C., or state governments affecting business owners. “The Small Business Authority, through its new website, will be supporting the business community with a forum to learn, educate, and exchange ideas with other business owners by providing blogging space for independent business owners and writers,” said Barry Sloane, CEO and chairman of Newtek Business Services. “The sharing of information, ideas, and thoughts amongst members of this community is invaluable to those interested in studying and learning the dynamics of what is occurring to business owners across America.”