archives
Motorola Employees Credit Union Selects the Edcomm Group to Deliver Credit Union Compliance Training
Submitted by allcunews on Sat, 12/30/2006 - 4:55pm.New York, NY (www.allCUnews.com) December 27, 2006 -- Motorola Employees Credit Union has chosen The Edcomm Group to deliver customized credit union compliance training for its training needs. Motorola was under contract with Compliance Coach, but took advantage of Edcomm’s “Switch for Compliance Excellence” program.
CyberDefender Phishing Scam Alert: National Credit Union Administration (NCUA) Phishing Scams Put Computer Users at Risk for Int
Submitted by allcunews on Sat, 12/30/2006 - 4:37pm.CyberDefender™ Corporation, the security developer with the Internet's most advanced early detection technology and Internet security tools, has released its latest CyberDefender Phishing Scam Alert, a report highlighting recent phishing and email scams that are plaguing Internet users and exposing them to Internet identity theft. Currently the Internet's top risks include a new active NCUA.gov phishing scam targeting Internet users. CyberDefender has identified the following new phishing attacks for December 22, 2006. To view these and other phishing threats in real-time go to: http://www.cyberdefender.com/phishing_alerts.html CyberDefender Threat Level: Active Scam Target pages: www.ncua.gov Scam URL: http://www.pettrans.sk/www.ncu. . . Date Discovered: 12/22/2006 17:12:00 CyberDefender classifies emerging phishing and Internet scams as active or inactive, providing users with a real-time Internet security tool for phishing protection.
MasterCard and USA Technologies to Trial MasterCard® PayPass™ in Ohio Turnpike Tollbooths
Submitted by allcunews on Fri, 12/22/2006 - 10:58am.Ohio Turnpike Commission Adding MasterCard® PayPass™ Contactless Terminals to Highway Exits and Service Plazas Near Cleveland and Oberlin with USA Technologies’ e-Port Payment Solution
PURCHASE, N.Y.--(www.allCUnews.com)--MasterCard Worldwide today announced that it is managing a consumer trial of contactless “Tap & Go”™ payments in selected exit lanes and service plazas on the Ohio Turnpike. The trial is being conducted in partnership with the Ohio Turnpike Commission, USA Technologies (OTC Bulletin Board: USAT) and Paywerks, Inc. The Ohio Turnpike is the first toll road in the U.S. to accept payment cards for self-service, toll transactions. The Ohio Turnpike Commission is also the first to test general purpose contactless payment cards in a highway environment.
Visa Gift Card Survey Shows Spouses and Moms Hardest to Buy for This Holiday Season
Submitted by allcunews on Fri, 12/22/2006 - 10:48am.Gladiator Technology Services, Inc. Shuts Down More Puddle Phishing Scams
Submitted by allcunews on Wed, 12/20/2006 - 7:03pm.Puddle phishing scams are on the rise for smaller financial institutions
ATLANTA--(www.allCUnews.com)--Gladiator Technology Services, Inc. (www.gladiatortechnology.com), a national managed security services provider (MSSP) exclusively serving community financial institutions, announced it has once again successfully shut down several phishing scams. Gladiator delivers security solutions to help financial institutions secure their information technology systems and accountholder information per FFIEC regulations.
Farmers National Bank Converts to Electronic Delivery with VSoft’s Check 21 Solution
Submitted by allcunews on Tue, 12/19/2006 - 7:08pm.Software suite streamlines check processing, allows for better customer service
ATLANTA--(www.allCUnews.com)--VSoft Corporation, a global information and technology provider of process-improvement tools for financial institutions, announced that Farmers National Bank of Canfield, Ohio has selected VSoft’s Check 21 solution to facilitate image capture and remote delivery of deposits throughout the bank’s 17 branches. Farmers National Bank, an independent bank with $820 million in assets, selected VSoft’s Check 21 solution to increase operational efficiency, reduce security risks, improve customer service and simplify daily transactions with the Federal Reserve Bank. Currently, 250 sites and more than 1,700 financial institutions use VSoft’s imaging solutions.
Integrated Media Management Launches Check 21 Branch Capture Solution at TLC FCU
Submitted by allcunews on Tue, 12/19/2006 - 7:07pm.Looking forward to teller capture next to speed check clearing process
LINDEN, N.J.--(www.allCUnews.com)--Integrated Media Management (IMM), which specializes in output management and document automation technology, has announced that TLC Federal Credit Union (TLC FCU), located in Tillimook, Ore., has successfully implemented its branch capture Check 21 solution. TLC FCU, which has $86 million in assets and more than 15,000 members, was the beta test site for this technology that captures check images at the branch and transports them electronically to their main location and then to the Federal Reserve, eliminating transportation costs, saving time and reducing the potential for lost checks.
First Kentucky Bank to offer Health Savings Accounts using HSA Clearing Corp
Submitted by allcunews on Mon, 12/18/2006 - 8:27pm."Adding the HSA to our list of consumer and business products using HSA Clearing Corp's turn key HSA package made perfect sense. Our customers can enjoy having an affordable HSA program at a hometown, community bank and we'll be able to provide them the most up-to-date HSA information available to help them understand all the benefits of the program," Long explained.
MasterCard Worldwide Earns Third Consecutive Processing Platform Availability Award
Submitted by allcunews on Sun, 12/17/2006 - 8:16pm.Processing Platform Receives Top Honors for Overall System Availability and Processing Excellence
ST. LOUIS, Dec. 14 (www.allCUnews.com) -- MasterCard Worldwide today announced it was awarded the 2006 ITUG (International Tandem Users' Group) NonStop Availability Award for overall system availability and processing excellence. This is the third consecutive year that MasterCard has received top honors for its commitment to processing reliability and bested a global set of entrants, including major competitors.
Visa USA Releases Online Safety Tips, Offers Budgeting Center to Assist Last Minute Holiday Shoppers
Submitted by allcunews on Sun, 12/17/2006 - 8:09pm.Today Expected to Be The Busiest Online Holiday Shopping Day
SAN FRANCISCO, Dec. 15 (www.AllPayCards.com) -- With reports that today will be the busiest online holiday shopping day of the year and with more and more shoppers deciding to shop from the comfort of their own homes, Visa USA is providing a few basic tips to help last minute online holiday shoppers keep their personal information safe and budget in check.
Model Credit Union Making History in Boston
Submitted by allcunews on Thu, 12/14/2006 - 8:41pm.BOSTON, Dec. 13 (www.allCUnews.com) -- Tremont Credit Union and the Boston Community Development Collaborative announced they have joined forces to open a model credit union in Dudley Square. The credit union, which will open its doors this Friday (12/15) at 41 Warren Street, will be the 1st faith and community based credit union in Boston and one of the 1st ever in the country. The Boston Community Development Collaborative (BCDC) whose mission is to promote and stimulate the development of personal wealth and community economic development and break the cycle of poverty for residents of low and moderate-income communities in Suffolk County, formed this Community Financial Partnership (CFP) with Tremont Credit Union to help develop economic self-sufficiency for adults, youths and families in low to moderate-income families.
ENCORE® Electronic Services Cooperative, Inc. Approves Merger With CO-OP Financial Services.
Submitted by allcunews on Thu, 12/14/2006 - 8:09pm.December 2006, Falls Church, VA (www.allCUnews.com) The members of ENCORE Electronic Service Cooperative, Inc. voted overwhelmingly to approve a merger with CO-OP Financial Services, the nation’s largest credit union owned EFT network and processor. With over 80% of votes in by the November 30 deadline all voting members have approved the merger. The merger transaction is scheduled for completion in January, 2007.
Credit Unions Best Mid-Size Banks in Several Retail Delivery Benchmarks, New Study Shows
Submitted by allcunews on Thu, 12/14/2006 - 8:03pm.A newly released study of best practices and technology trends in larger credit unions reveals that, in a side by side comparison, credit unions outperform mid-size banks in several key areas of retail delivery.
Former CEO: You Don't Need Greed to Succeed
Submitted by allcunews on Tue, 12/12/2006 - 8:33pm.(www.allCUnews.com) With the disgraced CEO perp walk becoming a regular feature on evening news broadcasts, one former CEO is trying to teach business leaders that they don’t need greed to succeed.
SecureTrust Corporation Launches Keystone Network Intelligence System for Financial Institutions
Submitted by allcunews on Sun, 12/10/2006 - 10:28pm.Network protection targeted towards small and mid-sized institutions now easier and more affordable than ever.
San Antonio, TX (www.allCUnews.com) December 8, 2006 -- SecureTrust Corporation, a global leader in providing high-quality security solutions for organizations requiring secure communications, today announced the launch of the Keystone Network Intelligence System, a managed Intrusion Detection System/Intrusion Protection System (IDS/IPS) solution for small and mid-sized financial institutions. The advanced system proactively protects networks, delivering enterprise-quality capabilities in an affordable and simple package.



