THE market

SYLVANIA, Ohio—Great Lakes Credit Union here has selected Buzz Points’ merchant-funded loyalty program for its members. “Buzz Points is free and allows credit union members to earn rewards while supporting the local economy by using their debit cards for everyday shopping,” the company said.

CARMEL, Ind.—ADESA announced that its subsidiary company, Recovery Database Network (RDN), is launching a new technology product for the automotive finance industry called VendorVision. VendorVision is a secure, web-based compliance management platform, the company said. “Organizations can define their compliance standards, manage documentation, deploy training materials, track the performance of contractors and agents, and assign tasks within the system to assure compliance.”

NEWPORT BEACH, CA  — Super G Funding, a national provider of residual and cash flow-based loans to small and midsize businesses, said it has held its first closing as part of a $100-million fund commitment from Inmost Discovery Capital, LLC. The committed capital enables Super G Funding to expand its residual-based loan strategy to related markets and expand its deal size to meet the needs of larger businesses. "The new capital will allow us to expand our lending activities and provide ISOs and ATM deployers with as much as $5 million in loans, with longer term structures,” said Super G Funding founder and CEO Darrin Ginsberg. 

AUSTIN, Texas--Shoreline, a Gemalto company, is now offering the AllAboutMe picture card solution to accompany the ramp-up of EMV migration in the U.S. “Leveraging the card customization in software-as-a-service (SaaS) mode from Gemalto, Shoreline will provide a one-stop service for personalization and order fulfillment in the region,” the company said. The solution, which offers cardholders abilities to interactively customize their card designs has already achieved average increases of 54% in card activation and 68% in card usage through 230 successful deployments worldwide, according to Shoreline. 

HOUSTON – Six small credit unions have been able to expand into offering full-service ATM access through a new relationship with Dolphin Debit, an ATM management company. The “first-timer” credit unions include Abbeville Community FCU and Greater Abbeville FCU in South Carolina; Everglades FCU in Florida; Ferguson FCU and Meridian MS Air National Guard FCU in Mississippi; and Cabot & NOI Employees CU in Texas. Also moving management of its non-branch ATMs to Dolphin Debit: Tempe, Ariz-based Altier CU. 

 

HADLEY, Mass. —UMassFive College Credit Union has added the Buzz Points loyalty and rewards program to not only drive deeper member relationships but boost local business as well. The Buzz Points shop local program offers incentives to members who use their debit cards while shopping with local businesses. Members earn reward points while shopping at local and national merchants, but receive higher points when doing business with local businesses that are part of the program. “We were looking for a rewards program for them that we could use to support the community in some fashion,” said Jon Reske, vice president of marketing at the $389-million CU, in a published report.

 

TALLAHASSEE, Fla. --CU24, a national provider of services to credit unions, distributed $1 million in patronage dividends to its shareholder credit unions in the form of cash and equity certificates during the third quarter. 

 

WILLISTON, VT.-- New England FCU is crediting highly targeted marketing using data analytics from The Members Group for impressive lifts in both average balances and overall portfolio growth.

 

WAKEFIELD,  Mass.― Primax, a provider of debit and credit card issuing and merchant acquiring programs, products and services, is now offering prepaid card solutions it said are designed to help CUs provide customizable rewards and incentives to their employees, members and prospective members.

 

LAKE MARY, FLA. –– D+H said that that Four Points FCU has selected its UltraData Enterprise Core solution, along with additional integrated solutions from the company, including Cavion Internet Banking, Cavion Mobile Banking, Cavion Remote Deposit Capture, Item Processing Services, Touché CRM, MortgagebotLOS and MortgagebotPOS™ mortgage origination solutions and the Servicing Director® loan servicing system.