THE market

SALISBURY, Md. – Credit Plus, a provider of intelligent insight for mortgage professionals, said it has begun offering a new loan quality control program: QC Review powered by the LoanHD Platform. QC Review enables lenders to run quality assurance checks throughout the entire origination process using real-time QC technology – from pre-closing to closing and beyond, the company said.

MIDDLEBURY, Vt.--eDOC Innovations, a core image processing CUSO, said it is increasing mobile deposit usage for credit unions nationwide and that during the last six months more than 20,000 mobile deposits were submitted by members to credit unions signed on with eDOC Innovations’ Mobile Remote Deposit Capture (mRDC) solution. Separately, eDOC reported that First Ohio Community Federal Credit Union in North Canton, OH, has joined eDOC Innovations as a new CUSO owner. For info: http://cuasterisk.com/buy-cuso/.

TORRANCE, Calif.—DocMagic, a provider of fully-compliant loan document preparation, compliance, eSign and eDelivery solutions for the mortgage industry, said its solution is now available from within the Liquid Logics loan origination system (LOS) produced by bFocused. Liquid Logics is a cloud-based LOS that is currently in use by a consortium of consumer direct lenders. 

IRVINE, Calif.—CoreLogic, a global property information, analytics and data-enabled services provider, has launched CondoSafe, which it said is the first nationwide data enabled solution that helps lenders and investors determine whether individual condominium projects meet investor eligibility guidelines, enabling lenders to improve the efficiency and effectiveness of condominium project review. 

ATLANTA– CetoLogic, a provider of software and analytics, said the $750-million, Fort Wayne, Ind.-based 3Rivers Federal Credit Union has completely automated cash orders to its money supplier leveraging CetoLogic’s C3 Financial cash management and forecasting solution.  The company said C3 Financial’s central requisition console and money supplier integration feature enables 3Rivers’ service managers to easily receive and approve cash order recommendations and then send all cash orders to their money supplier through a single file.

GRAND RAPIDS, Mich.—CU*Answers has begun a beta-test on a new suite of budget calculation and analysis tools, integrated into the CU*BASE core processing system. The totally redesigned software has been in development for more than a year and additional enhancements are already on the drawing board for the next phases to be released later in 2015, the company said.

“What’s unique about this project is the amount of direct client involvement in the testing process,” said Keegan Daniel, Professional Services Manager, who is coordinating the beta project. Participating in the beta are two Michigan credit unions who have been heavily involved in the Accounting Top 10 development focus group over the past several years, Frankenmuth CU in Frankenmuth and Service 1 FCU in Muskegon. “We are paying a CollabRebate payment of $2,500 to each credit union to undergo an intensive ‘Budget Boot Camp’ process with us. No matter what testing we do in-house, there’s nothing like putting the software through its paces in the field in a live credit union environment.” For info: www.cuanswers.com.

FORT LAUDERDALE, Fla.- —Financial Apps, a provider of technology that facilitates access to and management of financial data, has launched its new platform, which includes API access and a Relevancy Engine. The company said the platform enables financial organizations to shorten the development cycles for new products, such as PFM products and fraud detection tools, from months to weeks, while keeping solutions nimble enough to quickly adjust to market changes. 

MIAMI - Paragon Financial Group announces a credit union and community bank factoring program that creates opportunities for banks it said it aimed at helping underbanked business prospects. The company said its product is aimed at allowing CUs to extend to small business borrowing prospects a line of credit for working capital through Invoice Factoring, Purchase Order Funding, AR Management and Credit Protection Programs.

NEW YORK – Malauzai Software, provider of mobile banking SmartApps, has launched SmartwebApps. The platform brings a native app-like experience to the desktop, offering the same functionality of Internet banking in addition to the advanced features and user experience of Malauzai’s mobile banking SmartApps, the company said. It is built around three tenets: Mobile Only Experience (MOX); Convergence, and Superior Economics. 

GRAND RAPIDS, Mich.--CU*Answers, a 100% credit union-owned data processing CUSO, said the Credit Score History dashboard on its CU*BASE® core platform can be now be combined with other analytical dashboards to strengthen each credit union’s ability to design marketing programs. CU*BASE comes standard with a wide variety of analytical tools and dashboards that can be used to create population segments based on activity, products, services, and more, the company said. “Now, before acting on the information found (such as where members are shopping or whether they’re enrolled in bill pay), the credit union can take that population segment and view their credit score history to see how their scores are trending as a group.” For info: www.cuanswers.com.