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Debit Transaction Growth of 18 percent in 2006

Card Issuers Expect Similar Rise in 2007

HOUSTON--(www.allCUnews.com)--U.S. debit card-issuing financial institutions experienced debit card transaction growth of 18 percent in 2006 and expect continued strong growth in 2007, according to a new study commissioned by PULSE EFT Association.

With the ever-increasing concern and occurrence of identity theft and access to financial assets, stronger security and more stringent authentication solutions are necessary, especially at financial institutions. Purdue Employees Federal Credit Union is upping the ante in further protecting their customers with a multi-factor identity theft solution from IDMatrixx. IDMatrixx IDSERVER™ solution consists of client-server software and a multi-factor authentication scanner, which includes smartcard, magstripe, PIN and multiple biometric capabilities. The bank protects their customers' identity and provides customer convenience. Additional ROI comes from helping the bank reduce fraudulent transactions as well as increasing the speed of transactions.

Software Company a Key Player in National Market

CHARLESTON, S.C.--(www.allCUnews.com)--Vision Software Solutions, a leading developer of financial analysis software, is in the process of a nationwide product launch of its enhanced commercial loan software, “fisCAL,” which assists lenders at community banks, credit unions and other financial services organizations in lowering their risks by making better loan decisions.

Waterbury Connecticut Teachers Federal Credit Union Selects Lending Solutions To Provide Flexible Lending Services to Members

ELGIN, Ill.--(www.allCUnews.com)--Lending Solutions Inc., a provider of lending center services and consulting programs for financial institutions across North America, announced that Waterbury Connecticut Teachers Federal Credit Union (WCTFCU) will bring enhanced lending services to its members through LSI’s loan-by-phone and online lending services. The credit union has also signed on to protect its members from identity theft through LSI’s Identity Shield product -- offered through a partnership with RelyData, LLC (Chicago, Ill).

MORENO VALLEY, Calif.--(www.allCUnews.com)--Visterra Credit Union, 23540 Cactus Avenue, Moreno Valley, CA.

Visterra Credit Union recently rolled out a new program to their members providing one-stop service, expert and professional assistance and a cash rebate equal to 25% of the agent’s own commission to members who buy or sell a home using their new Home Fortunes program. Offered in combination with Visterra Credit Union’s own real estate financing services, the new program provides members a value-added package not available from any other source.

LAS VEGAS, Nevada. February 20, 2007 (www.allCUnews.com) – TFactor, Inc. announced today that its flagship learning management system, KnowledgePortal360, has been selected by LA Financial Credit Union.

MILPITAS, Calif., Feb. 20 (www.allCUnews.com) -- OHVA Security has executed an agreement to provide affordable SoundPass(TM) multi-factor authentication software to Anheuser-Busch Employees' Credit Union (St. Louis, MO). Anheuser-Busch Employees' Credit Union is a leading financial services provider, serving more than 90,000 members worldwide. The OHVA SoundPass(TM) software offers the most affordable, multi-factor authentication solution available for large-scale deployment and is designed to protect Internet banking users from unauthorized access to their personal accounts.

New York, New York - (www.allCUnews.com) - Februrary 20, 2007 - Web hosting business services company, Newtek, has launched a new website, designed for existing and potential credit union partners, to focus on how credit unions can better serve small business owners by offering access to the Newtek Business Solutions platform.

State Employees Credit Union Selects Open Solutions’ Enterprise-Wide Data Processing Platform
Fourth member of OTS CUSO to select open-architecture solution

GLASTONBURY, Conn.(www.allCUnews.com) --Maryland-based State Employees Credit Union (SECU), announced it has selected Open Solutions Inc.’s The Complete Credit Union Solution®, its state-of-the-art relational core data processing platform for credit unions, to address its enterprise-wide data processing needs. Open Solutions is a leading provider of integrated enabling technologies for financial service providers across the United States, Canada and other international markets. SECU is equal owner in Open Technology Solutions (OTS). They will be running TCCUS through OTS, a CUSO that runs Open Solutions technology.

(www.allCUews.com) - The shift from paper checks to remote scanning and deposit technology is gaining a foothold in the small- and medium-sized business market. Businesses in this space see the value in getting a jumpstart on realizing their cash flow. To meet these growing needs, Eastman Kodak Company today announced at the BAI TransPay Conference & Expo for the financial services industry that it is adding a new check scanner to its Check Imaging Solutions portfolio.

Outsourced service model offers rapid delivery; responds to market demand

February 12, 2007 - ORLANDO (www.allCUnews.com) — NCR Corporation (NYSE: NCR) today announced a new managed service offering for remote deposit capture (RDC) which enables financial institutions (FIs) to quickly go-to-market with minimal upfront investment or risk. Initially targeted at one of the most active image-based service offerings, NCR will offer this service to FIs for their commercial clients via NCR’s proven ImageMark™ Passport technology and state-of-the-art eCommerce outsourcing infrastructure.

Combination Will Enhance Online Banking, Billing and Payment Experience for Consumers and Small Businesses, and Deliver Greater Flexibility for Financial Institutions
ATLANTA and PORTLAND, Ore., Feb 14, 2007 (www.allCUnews.com) -- CheckFree Corporation (Nasdaq: CKFR) today announced it has entered into a definitive agreement to purchase Corillian Corporation (Nasdaq: CORI), the leading provider of Internet banking software and services. Under the terms of the agreement, CheckFree will acquire all of the outstanding shares of Corillian at a price of $5.15 per share, for a total purchase price of approximately $245 million on a fully diluted basis.

America First Credit Union Teams with Leadfusion to Reach In-Market Consumers with Relevant and Timely Email Messages
SALT LAKE CITY--(www.allCUnews.com)--America First Credit Union and Leadfusion, Inc., today announced that America First has implemented an eMarketing software solution to reach credit union members who are ‘in-market’ for financial products and services with relevant email messages related to the products or services they were researching online. America First is using Leadfusion CALCULATORS and Leadfusion EMAIL to market to members interested in auto loans, credit cards and CDs on the members’ timetable and in accordance with their needs.

Credit Union Serving Microsoft Employees Selects BioPassword Software to Identify Online Members Based on Typing Rhythm
SEATTLE, WA -- (www.allCUnews.com) -- February 12, 2007 -- BioPassword, Inc., the only software company providing secure authentication and anti-fraud solutions based on the behavioral biometric of keystroke dynamics, today announced that First Tech Credit Union is deploying BioPassword Internet Edition to authenticate online users by the rhythm of their typing. First Tech boasts more than 150,000 members at 15 branches throughout the Pacific Northwest and is deploying BioPassword to ensure secure access while complying with new FFIEC guidelines.

$2 billion credit union leverages open architecture, product functionality and world-class database

GLASTONBURY, Conn.--(www.allCUnews.com)--Open Solutions Inc. announced that Tampa, Fla.–based GTE Federal Credit Union successfully implemented Open Solutions' enterprise-wide data processing platform, The Complete Credit Union Solution® and other complementary products. Open Solutions is a leading provider of integrated enabling technologies for financial institutions in the United States, Canada and other international markets.