Archive Links

Consumer Archive
CU System Archive
Market Archive
Products Archive
Washington Archive

Products Archive

Products

New CSS alliance offers ID theft solution

 Permanent link
MADISON, Wis. (11/19/08)--Credit unions now have a new consumer identity theft solution with varying levels of protection to offer their members and staff through the CUNA Strategic Services and Intersections Inc. alliance. Intersections, a provider of consumer and corporate identity risk management services, is partnering with the Identity Theft Assistance Center (ITAC), a nonprofit supported by financial services companies, to jointly offer ITAC Sentinel. The proactive identity theft protection is the only product that includes ITAC victim assistance, which has helped thousands of consumers and law enforcement fight identity theft. ITAC Sentinel continuously monitors personal credit and data with credit reporting agencies and throughout the Internet to quickly spot changes that could indicate identity theft or unauthorized use. Consumers are promptly alerted if changes are detected, so they can review and take immediate action if necessary. In the event of identity theft, ITAC Sentinel provides victim assistance and resources that are necessary for recovery. “During our search for a comprehensive identity theft solution, we were impressed not only by the product, but also by the work done on the back end to catch and convict identity thieves,” said Wes Millar, senior vice president of CUNA Strategic Services. For more information, use the resource link.

LEVEL5 announces market analysis system

 Permanent link
ORLANDO, Fla. (11/19/08)--Level5 announced that its Financial Institution Tool (FIT), a marketing diagnostic tool for financial institutions, is available. FIT compiles and analyzes market data and provides trend analysis and forecasting to help financial institutions make strategic decisions about geographic expansion and which business lines to offer new markets. “FIT equips financial institutions with an unbiased, comprehensive comparison of real estate opportunities,” said Brian Abner, LEVEL5 director of market strategies. FIT analyzes hundreds of data points from national sources that are updated semi-annually. The data and analysis FIT provides include:
* Market comparison at the Metropolitan Statistical Area (MSA) level to identify areas in which business opportunities are rising, plateauing or declining; * Identification of key sectors of opportunity within each MSA, classifying market sectors and business lines that offer expanding opportunity, have stagnant or flattening performance, or are in decline; * Risk mitigation to help focus on strong opportunities and to divest in weakening sectors; and * Support for regulatory exams.
LEVEL5 is a consulting and facilities development firm that serves financial institutions, including credit unions, nationwide.