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MECU of Baltimore, with NAF-Baltimore, opened the first student-run CU Wednesday in the city of Baltimore. Read more in Oct. 13 News Now.
Eleven CUs or CU groups comment on FASB's fair value accounting proposal. View: http://tinyurl.com/422j55
Auto delinquencies lighter at CUs...in Monday's News Now.
Bush from Rose Garden this morning says "every penny" up to $250K in NCUA and FDIC-insured account is safe. Read: http://tinyurl.com/446ls6
P2P lender Zopa says it is exiting U.S. marketplace. Six CUs had partnered with Zopa last year. More here: http://tinyurl.com/4lllu4
IntelliCAT now interoperative with Ultradata software
CARSON, Calif. (5/16/08)--MagTek, a provider of electronic payments technology, announced that its IntelliCAT card issuance and personal identification number selection (PIN) system is now interoperable with Harland Financial Solutions' Ultradata processing software.
Ultradata is used by credit unions nationwide.
The integration of Ultradata and IntelliCAT allows card production information to be exchanged between the two systems.
IntelliCAT helps credit unions comply with security requirements from MasterCard and Visa for instant card issuance. It also offers credit unions secure remote PIN selection for members that are out of state and unable to come to a branch, said Andy Deignan, vice president/business unit manager for financial products.
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