archives

Jersey City, NJ (June 29, 2006) - Comodo, a global Certification Authority and leading provider of Identity and Trust Assurance Management solutions, announced today that Beehive Credit Union, a Salt Lake City credit union specializing in auto loans, mortgages, debt consolidation and home equity loans, will employ three components of Comodo's flagship mutual authentication solution to ensure Beehive Credit Union meets FFIEC guidelines for increased verification and security in online banking. Comodo takes the lead in offering a proprietary mutual authentication solution to help consumers establish trust in online financial transactions through an innovative new PKI-based mutual authentication verification solution.

Positioning at `The Heart of Commerce' Highlights Commitment to Advancing Commerce Worldwide

FREE credit report and score with a FREE 30-day Experian Triple Advantage Monitoring trial. Check & dispute possible inaccuracies. Will not lower your score. Detect critical changes and potential identity fraud. Monitor your credit report to help catch ID fraud early. Order yours now!

Chase, Peppercoin, TSYS, and Visa Executives to Debate the Issues

WALTHAM, Mass., June 28 /allCUnews/ --

WHO: Jeff Greene, Cards & Payments (Moderator)
Scott Rau, JPMorgan Chase

Enterprise Content Management Provides Savings That Can Be Passed along to Members

CLEVELAND--(allCUnews)--June 27, 2006--Hyland Software Inc., developer of OnBase(R) enterprise content management (ECM) software, announced that Sooper Credit Union, a $147 million Colorado-based financial institution serving more than 21,000 members, has selected OnBase to reduce the credit union's internal processing costs and inefficiencies associated with traditional paper-based document handling. Sooper Credit Union has already reported significant time savings and increased member-service responsiveness since its implementation of OnBase.

PASADENA, Calif.--(allCUnews) June 27, 2006--Wescom Credit Union has been named among the top 50 Best Small & Medium Companies to Work for in America. The list was announced on June 26 before an audience of more than 12,000 at the Society for Human Resource Management's (SHRM) 58th Annual Conference & Exposition in Washington, D.C. Wescom's Executive Vice President & Chief Operating Officer Jane Wood and Vice President of Human Resources Michelle Esser attended the event and accepted the award on behalf of the Credit Union.

PURCHASE, N.Y.--(allCUnews)--June 27, 2006--MasterCard International has teamed up with The Philadelphia Coca-Cola Bottling Company and USA Technologies (OTCBB: USAT) today to announce that 1,000 Coca-Cola vending machines enabled with the e-port cashless transaction solution will begin accepting MasterCard(R) PayPass(TM). The deployment is considered to be the largest rollout of contactless technology in vending machines in a U.S. market to date.

WAKEFIELD, Mass., USA (AllPayNews) – June 28, 2006 – The NFC Forum, a non-profit industry association advancing the use of near field communication (NFC) technology, today announced that 14 new organizations have joined the Forum as members since February. Launched early last year, the NFC Forum now includes 80 member organizations and earlier this month unveiled its technology architecture, which will serve as the foundation for interoperable NFC products and services.

We hope you will enjoy our latest look and feel on allCUnews.com

- allCUnews team

DEARBORN, Mich., June 26 /allCUnews.com/ -- AAA Michigan and CUcorp, the wholly-owned subsidiary of the Michigan Credit Union League (MCUL), have entered into a long-term, joint marketing agreement that will provide members of both organizations with exclusive products and services ranging from consumer loans to auto insurance.

ALBANY, N.Y.--(BUSINESS WIRE)--June 26, 2006--IA Systems, a provider of lending software and services to credit unions, banks and other financial institutions, announced that Racine, Wis.-based Educators Credit Union successfully implemented StreamLend Velocity, a Web-based, paperless loan origination system, on June 7, 2006.

TotaleAtlas Seamlessly Integrates with Summit Core System
LINDEN, N.J.--(BUSINESS WIRE)--June 26, 2006--Integrated Media Management (IMM), which specializes in output management and document automation technology, has announced that First New York Credit Union, located in Schenectady, N.Y., is using its TotaleAtlas document presentment solution to create member and lending forms through seamless integration with its core processor Summit Information Systems and its imaging product, TrueImage. First New York Credit Union has $180 million in assets and more than 27,000 members.

Twenty credit unions accepted an invitation from Cornerstone Advisors to participate in two Advisory Boards to help model the survey instruments behind the inaugural edition of The Cornerstone Report 2006: Benchmarks and Best Practices for Credit Unions. The invitations were extended in recognition of these credit unions’ demonstrated accomplishments in planning, measurement by metrics and profit improvement initiatives.

WASHINGTON, June 21 /allCUnews.com/ -- The Texas Credit Union League was recognized among its peers yesterday by the Credit Union National Association, taking "Best of Show" in the Pro Awards for its Juntos Avanzamos (Together We Advance) program. The Pro and Blockbuster Awards are designed to recognize outstanding league communications efforts. These coveted awards are the highest communications awards bestowed on credit union leagues. In addition to best of show, the League's Juntos Avanzamos program also earned first place in the Best Public Relations Project category.

WASHINGTON, June 21 (Reuters) - Credit unions expressed opposition on Wednesday to a congressional move that would give its thrift competitors freer ability to lend to businesses while keeping the nonprofits' lending authority unchanged at a lower level.