archives

Date

Twelve baseball parks to use MasterCard PayPass technology this season

www.allCUnews.com) Major League Baseball and MasterCard Worldwide today announced a new global sponsorship agreement that will extend MasterCard's relationship with Major League Baseball and MLB.com through the 2010 season. The agreement includes exclusive category rights granted by Major League Baseball Properties, Major League Baseball International and MLB Advanced Media.

B.C.-based Columbia Valley Credit Union Selects Open Solutions’ Core Data Processing Technology

System will help to enhance member service, provide competitive edge

GLASTONBURY, Conn.--(www.AllPayNews.com)--Golden, B.C., Canada-based Columbia Valley Credit Union has selected Open Solutions Inc.’s® (NASDAQ: OPEN) core enterprise platform, The Complete Credit Union Solution®, to meet its data processing and member service needs. Open Solutions is a provider of integrated enabling technologies for financial services providers across the United States, Canada and other international markets.

Survey Says ... Consumer Data Breaches Will Get Worse - Stolen, Unsecured Laptops and All Mobile Devices Will Continue to Pose a

Survey Says ... Consumer Data Breaches Will Get Worse - Stolen, Unsecured Laptops and All Mobile Devices Will Continue to Pose a Threat Until More Companies Take Action

CREDANT(R) Technologies' Annual Survey Uncovers Startling Results: 88% of Respondents Know That Volumes of Sensitive Data Resides on Mobile Devices; 72% State That Encryption is Required for Compliance, Yet Less Than 20% Have Implemented Encryption

FORUM Credit Union Selects BioPassword's Two-Factor Authentication Solution for Secure Online Banking

Allied Solutions Delivers FFIEC Compliance by Implementing BioPassword's Keystroke Dynamics Software for FORUM Employees and 95,000 Members

SEATTLE, WA -- (www.allCUnews.com) -- September 25, 2006 -- BioPassword, Inc., the only software company providing secure authentication and anti-fraud solutions based on the behavioral biometric of keystroke dynamics, today announced Indiana-based FORUM Credit Union is deploying BioPassword Enterprise Edition and BioPassword Internet Edition to authenticate employees and online users by the rhythm of their typing. With nearly 100,000 members at branches nationwide, maintaining a secure network both internally and externally is vital to FORUM.

Mark Hodowanic joins Twin Cities' TopLine Federal Credit Union as Lending Manager

(www.allCUnews.com) MINNEAPOLIS, MINN. — TopLine Federal Credit Union announced that it has hired Mark Hodowanic as its new lending manager, based in Maple Grove, Minnesota. Hodowanic brings over 15 years of experience in the financial service industry to TopLine and will be instrumental in assisting the credit union in supporting its lending services needs to members throughout the seven-county Twin Cities metropolitan area.

Lower-Income Americans Can Buy First Homes Thanks to Ohio Credit Unions

DUBLIN, Ohio, Sept. 25 (www.allCUnews.com) -- As home prices rise along with interest rates, the dream of homeownership becomes more and more distant for many Americans. But Ohio's credit unions are helping lower-income Americans buy their first homes and begin building personal wealth.

Charlotte Metro Credit Union Upgrades to FICS' Mortgage Solutions

DALLAS--(www.allCUnews.com)--Sept. 20, 2006--Financial Industry Computer Systems, Inc. (FICS), a mortgage technology specialist that provides in-house residential origination and servicing technology and commercial servicing technology to the mortgage industry, announced that Charlotte N.C.-based Charlotte Metro Credit Union has upgraded its mortgage loan origination and servicing infrastructure with the successful implementation of Loan Producer(R), FICS' mortgage loan origination system; Mortgage Servicer(TM), the company's residential mortgage loan servicing system; Mortgage Accountant(TM), FICS' automated custodial accounting system; and Real Time Access(TM), FICS' application enabling real time access between the credit union's core system and FICS' servicing system.

Credit Union Tax Services to Launch ''Total Tax Solutions''

Family of Tax Preparation Services Means Credit Union Members Stay with Credit Union for Tax Preparation and Other Financial Products
HOUSTON--(www.allCUnews.com)--Sept. 20, 2006--Credit Union Tax Services (CUTS) today announced plans to launch "Total Tax Solutions," a turnkey, easy to implement family of tax preparation services designed to deliver a range of choices to members of CUTS' credit union partners.

Meridian Credit Union Invests in Cartesis Planning Performance Management Solution

Cartesis Planning to Improve Accuracy, Security, and Scalability at Canada's Third Largest Credit Union While Shortening Planning Cycles and Providing 'One Version of the Truth'

NORWALK, CT -- (www.allCUnews.com) -- September 18, 2006 -- Cartesis, the world's leading specialist in finance and performance management software, today announced that Meridian Credit Union chose Cartesis Planning.

Advantage Credit and Ellie Mae Offer Mortgage Professionals Mortgage Loan Fraud Prevention Tools

Advantage Credit International and Ellie Mae have partnered to target mortgage loan fraud and mortgage broker fraud.

Pensacola, FL (PRWEB) September 15, 2006 -- Advantage Credit International announced today that Advantage Credit’s LoanShield technology is now available through Ellie Mae’s Encompass®, Genesis 2000® and Contour™ Mortgage Automation Systems. With this new offering, Ellie Mae users can now integrate mortgage loan fraud protection into each application with the click of a mouse.

Visa USA, U.S. Chamber of Commerce Release Top Five Causes of Data Compromises

Prevention Strategies Provided as Nationwide Outreach Effort Continues

CINCINNATI, Sept. 15 (www.allCUnews.com) -- In a key step to help businesses better understand and protect themselves against the risks of fraud, Visa USA and the U.S. Chamber of Commerce today announced the five leading causes of data breaches and offered immediate, specific prevention strategies for each.

Bank of America Divests its Independent Sales Channel for BA Merchant Services

LOUISVILLE, Ky., Sept. 15 (www.allCUnews.com)-- In order to pursue its aggressive growth goals and better integrate its sales efforts with existing in-house capabilities, BA Merchant Services has entered into a definitive agreement to sell its independent sales organization business of National Processing Company to Iron Triangle Payment Systems (ITPS), a payments processing business financed by GTCR Golder Rauner.

MasterCard Board of Directors Announces Dividend

PURCHASE, N.Y.--(www.allCUnews)--Sept. 14, 2006--MasterCard Incorporated (NYSE: MA) today announced that its Board of Directors has declared a quarterly cash dividend to holders of shares of its Class A common stock and Class B common stock. The initial cash dividend of nine cents per share will be paid on November 10, 2006 to holders of record of its Class A common stock and Class B common stock as of October 10, 2006.

MasterCard Board Announcements

MasterCard Announces Election of Richard Haythornthwaite as Chairman of the Board of Directors; Steven J. Freiberg Elected as a Member of the Board

PURCHASE, N.Y.--(BUSINESS WIRE)--Sept. 14, 2006--MasterCard Incorporated (NYSE: MA) today announced that Richard Haythornthwaite, a member of the MasterCard Board of Directors, has been elected as the non-executive chairman of its board, effective immediately. Mr. Haythornthwaite is a managing director of UK-based Star Capital Partners.

$1.3 Billion FAIRWINDS Credit Union Implements Open Solutions' Enterprise-wide Data Processing Platform

GLASTONBURY, Conn.--(www.allCUnews.com)--Sept. 13, 2006--Open Solutions Inc.(R) (NASDAQ: OPEN) announced that Orlando, Fla.-based FAIRWINDS Credit Union has successfully implemented Open Solutions' relational core platform, The Complete Credit Union Solution(R) (TCCUS), and other complementary applications to handle its enterprise-wide data processing needs. Open Solutions is a provider of integrated enabling technologies for financial services providers across the United States, Canada and international markets. FAIRWINDS Credit Union has assets of $1.3 billion, 25 branches throughout central Florida and approximately 125,000 members.