CU*Answers has partnered with VantageScore Solutions to allow credit unions to pull an alternative credit score to the traditional FICO score. Utilizing VantageScore will allow for additional insight into the credit history for those members who do not have enough data to return a valid FICO score. The VantageScore 3.0 platform has allowed between 30-35…
The CU*Answers SettleMINT EFT Team converted 902 credit card loans for 1st Community Federal Credit Union to the online credit card platform of core processing platform CU*BASE. 1st Community Federal Credit Union, located in San Angelo, TX converted their card portfolio from a batch FIS solution. “Credit unions moving to the online credit card platform…
CU*Answers is rolling out two new optic tools for CU*BASE: “How are Your Employees Utilizing CU*BASE” and Usage Statistic for Tools. These two new analysis dashboards will be valued not only by security officers and auditors, but by branch managers and HR teams as they try to get a handle on how employees are using…
With the CU*Answers 18.10 CU*BASE® release, the CUSO has added a new enhancement to allow credit unions to order an online credit card for their member in CU*BASE, without that order triggering a record being sent to the vendor via batch card maintenance. This is helpful in situations where credit unions need to attach a…
CU*Answers is enhancing the ability to quote loan payoffs. Currently tellers and member service representatives need to use Phone Operator when a member wants a payoff statement. Since Phone Op is intended for call center staff who have posting privileges, the CUSO created a new Loan Payoff Estimator which can be assigned to MSRs or…
Credit Unions may have heard from their EFT provider about a new mandate referred to as the Visa Account Updater (VAU) and Mastercard’s Automatic Billing Updater (ABU). This mandate allows merchants to automatically update their customers’ stored card details. In other words, when a new card is created to replace an old one, that information…
As part of an ongoing business continuity program, Site-Four, LLC actively maintains a high-availability (HA) core-processing environment with real-time CU*BASE® data replication between identical servers located at two geographically dispersed, state-of-the-art datacenters. Regular HA rollover events are scheduled to redirect core-processing and operations to the secondary datacenter (located in Kentwood, MI) for up to seven…
In response to numerous credit union requests, CU*Answers has expanded the search capability and information displayed about accounts payable vendors. Now, when working A/P vendors using the Work with Accounts Payable Vendors tool, it is easier to search for a specific vendor and sort the vendor list. The A/P vendors are now presented in a…
CU*Answers is very excited to offer the second full-service check ordering platform with Harland Clarke. Currently Harland Clarke clients can only order checks when opening an account and there is no direct login to the Harland Clarke website. With this release Harland Clarke clients can enjoy direct login to the Harland Clarke website when ordering…
The CU*Answers 18.10 CU*BASE® release introduces new Visual Analytics Tools (VAT) charts and two new dashboards, continuing the Asterisk Intelligence team’s track record of bringing clients new ways to educate others about their data. The VATs will help to explain a credit union’s data better with a graphical tool and is introducing line and stacked…