Archive Links

Consumer Archive
CU System Archive
Market Archive
Products Archive
Washington Archive

Products Archive

Products

CO-OP rolls out TNSLink for ATMs

 Permanent link
RESTON, Va. (11/12/08)--More than 1,000 CO-OP-branded credit unions in North America have signed up to use Transaction Network Services (TNS) TNSLink solution for ATMs. CO-OP Financial Services provides more than 28,000 surcharge-free ATMs to credit union members on the CO-OP Network. TNSLink allows processors and ATM owners to use telecommunication technologies for high-speed data delivery without replacing existing equipment. TNS tested, created and implemented configurations of TNSLink service including secured wireless and wired broadband solution, to be compatible with credit unions. Once all of CO-OP’s credit unions are connected to the network, “upgrading to new technologies will be quick and painless,” said Alan Schwartz, TNS executive vice president of North America sales. TNSLink also offers check imaging, kiosk transaction processing and remote graphics distribution. Network and help desk services with live, real-time support are also available. TNS is an international data communications company that designs and implements multiple data networks for the transport of transaction-oriented data.

CUDL to represent CUs at NADA convention

 Permanent link
RANCHO CUCAMONGA, Calif. (11/12/08)--CUDL, which administers a point-of-sale and indirect auto lending network for credit unions, announced that it will represent more than 670 credit unions for the sixth consecutive year at the National Automobile Dealers Association (NADA) Convention Jan. 24-27 in New Orleans, La. The NADA convention draws more than 25,000 attendees on average each year. More than 1,100 attendees visited CUDL’s booths last year. “CUDL’s representation of its credit unions at the convention further underlines the importance of relationships between credit unions and dealers, and emphasizes the value credit unions see in partnering with dealers for their mutual success,” said CUDL President/CEO Tony Boutelle. Credit unions have grown their market share in auto lending by more than 4% this year, reaching 20% in September, CUDL said.