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Products Archive

Products

ProfitStars Introduces eBanking Compliance Services

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MONETT, Mo. (7/1/13)--ProfitStars, a division of Jack Henry and Associates Inc., has introduced eBanking compliance services.

Gladiator eBanking Compliance Services provides financial institutions a governance framework to establish risk-based standards for member- and customer-facing electronic banking services.

"We may not see specific guidance that addresses home and mobile banking for some time, leaving banks and credit unions in need of clear direction and practical standards," said David Foss, ProfitStars president. "Drawing from the extensive resources and expertise available from Gladiator's dedicated [Information Technology] Regulatory Compliance department, financial institutions can now better position themselves for future compliance mandates related to eBanking services."

The custom Gladiator services include a policy, risk assessment matrix, and supporting documents based on federal regulatory guidance, industry standards and best practices for the deployment and management of eBanking services, said ProfitStars.

CUDL Hits 10,000 Dealer Milestone

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ONTARIO, Calif. (7/1/13)--CUDL, administrators of an auto lending service network for credit unions, has expanded its network to include 10,000 dealers.

"I congratulate CUDL for reaching the significant milestone of 10,000 dealers using the CUDL system," noted John Lund, president/CEO of Riverdale, Utah-based America First CU, and chairman of CUDL's board. "This indicates just how relevant the services of CUDL are to dealers throughout the country."

The growth excludes the company's recent expansion into Quebec, Canada. The CUDL network includes more than 1,050 credit unions, representing 35 million members nationwide. CUDL credit unions have experienced 16% growth in funded auto loans thus far in 2013.

For more than 20 years, CUDL's credit union auto lending network has provided credit unions the ability to help members and consumers gain credit union financing at the dealership, and helped dealerships sell more cars.