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Products Archive

Products

Products and Services briefs (01/02/2008)

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* STOCKTON, Calif. (1/3/08)--Community First CU, Santa Rosa, Calif., has joined four other credit unions in a consortium to offer online banking services to members (Central Valley Business Times Dec. 27). Credit Union Shared Resources comprises Allied CU, Stockton; First FCU and Community Trust CU, Modesto; and Tracy FCU, Tracy, to purchase hardware and other applications that the credit unions could not afford individually. The cooperative system could handle another 20 similarly sized credit unions, according to Frank Michael, Allied CU CEO. The credit unions average $50 million in assets … * ALBANY, N.Y. and GLASTONBURY, Conn. (1/3/08)--Rivermark Community CU of Beaverton, Ore., announced that it selected StreamLend Velocity, an end-to-end loan origination system by IA Systems. The company is an Open Solutions business unit and provider of lending software. With Velocity, Rivermark can make instant offers to new members for credit cards or auto loans. The system offers security and compliance tools to keep data safe, and integrates with supporting programs or websites such as Kelley Blue Book. Rivermark Community CU has $370 million in assets … * SAN DIEGO (1/3/08)--The Mortgage Licensing Group (MLG) announced that LicenseTracker is now available. Mortgage lenders using LicenseTracker can track and manage their company license process. The solution notifies companies of their license renewals and deadlines and tracks the process of each license on company, branch office and loan officer levels. The application will maintain licenses while staying compliant with regulatory developments through LicenseReady. MLG provides licensing services to lenders nationwide … * RIVERSIDE, Calif. (1/3/08)--Altura CU, Riverside, has previewed a new product by Websense to protect the data of its members by focusing on the data, not the devices and ports. The solution will provide new levels of protection, said Glen Chzras, Altura vice president of technology. The solution is an Open Endpoint Initiative that integrates the Websense Content Protection Suite. Altura currently uses the Content Protection Suite to guard its data. Websense also announced that it has partnered with Lumension Security and is expanding its Content Protection Suite to the endpoint. Websense products protect an estimated 42 million employees from external and internal computer security threats, according to the company …

USERS receives CMMI Quality Level II appraisal

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BROOKFIELD, Wis. (1/3/08)--USERS Inc., a credit union industry core processor and business unit of Fiserv, announced that it has attained Capability Maturity Model Integration (CMMI) Level II. CMMI is a model for process improvement, developed by the Carnegie Mellon Software Engineering Institute. A CCMI Level II designation means that the organization has achieved managed processes, as tracked by the CMMI model, for product development, acquisition and service-related processes that can be compared and measured with industry practices. USERS will work toward requirements of the CMMI Level III designation, said Jay Kamp, USERS’ chief technology officer. About 1,200 organizations have received CMMI Level II or higher. Fiserv is a provider of core processing solutions for financial institutions, including credit unions.

WOCCU redesigns website

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MADISON, Wis. (1/3/08)--The World Council of Credit Unions (WOCCU) has launched its redesigned website, with resources on research and best practices in credit union development. “Our new website better communicates what it is we do and how others can get involved in the international movement,” said Pete Crear, WOCCU president/CEO. Highlights of the new site include:
* Information on WOCCU’s programs, international remittances, partnerships and credit unions statistics in any given country; * An expanded section on WOCCU’s international partnerships; * Access to free publications and research in credit union development; * Online subscriptions to WOCCU’s Credit Union World magazine and electronic newsletters; and * Web pages mirrored in Spanish.
The site will continue to evolve, employing two languages: English and Spanish, according to WOCCU. The pages devoted to WOCCU’s 2008 World Credit Union Conference in Hong Kong will be available in Chinese. For more information, use the link.