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.
MONETT, Mo.--Symitar has been named to the 2014 Best Places to Work in San Diego list by the San Diego Business Journal, Best Companies Group and sponsored by Moss Adams LLP, Kaiser Permanente, United Concordia. It is the fourth year it has been so honored. Symitar was number 17 on the list of mega employers, those with more than 2,000 employees.
GENEVA, N.Y.—Finger Lakes FCU here is reporting significant improvements in its digital banking and payment capabilities, including functionality for online and mobile banking and bill pay, after converting to the Corillian Online and Mobiliti solutions from Fiserv, along with CheckFree RXP for bill payment. The $100-million FLFCU was already using Fiserv’s Spectrum account-processing platform when it added the solutions. Among the results: increased number of active mobile banking users by 50%; reduced the number of service calls regarding bill pay issues; increased the number of active bill pay users by 46%, increased number of active online banking users by 29%, and achieved sharp increase in e-statement adoption. For info: www.fiserv.com
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.