CU*Answers is creating a new version of credit card statements for business accounts. Business members will have the option to create a summary statement containing multiple credit card sub accounts under a single business membership. The business member will still receive their normal account statement (if applicable), but will also receive a single, multi-page summary…
In the first three months of the 2021 business year four additional employees have joined CU*Answers’ Win the Lottery program, bringing the total number of participants to fifty-two. Through their participation in the Win the Lottery program, senior employees work with a Writing Team member to add specialized knowledge to CU*Answers documentation. “This is an…
The fourth and final quarterly contest for 2020 has come to a close. The bill pay contest ran from October 2020 – November 2020 with a winner drawn in December. Thanks to all of the 91 participating credit unions who entered to win! The winner was drawn at random and Brodies M. from MidUSA Credit…
CU*Answers expanded on its robust fraud mitigation software in its fall release of new tools that went in its flagship core data processing system CU*BASE. “This is the third of five investments the CUSO is making to help credit unions control fraud. In the fall release we introduced 9 new block lists to manage problematic…
Asterisk Intelligence, a data analytics team at CU*Answers, which provides business intelligence consulting, fulfillment, and educational services to credit unions, recently completed a Data Tune-Up consulting engagement with a Texas based Credit Union. A Data Tune-Up helps credit union partners learn how to manage their operations in ways which allow for more detailed analytics, insights,…
The CU*Answers SettleMINT EFT Team converted 2358 credit card loans for Affinity CU to CU*BASE online credit card platform. Affinity Credit Union, located in Des Moines, IA brought their credit card portfolio in-house. “One benefit for Credit Unions moving to the online credit card platforms is that their members are allowed to make real time…
West-Michigan based cooperative CUSO CU*Answers recently announced that from January through September 2020, 311 courses were coordinated and taught by the Client Services and Education Team. Lani Lowing, Education Team Lead added that 170 courses were coordinated for various teams within the organization—a total of 479 classes with 5,123 attendees. These events consist of CU*Answers…
Expanded Daon-CU*Answers partnership enables contact-free member experience Daon, a global leader in biometric identity technology, and CU*Answers, the Grand Rapids, Michigan-based cooperative Credit Union Service Organization (CUSO), today announced CU*Answers will bring Daon’s IdentityX® Digital Onboarding product to over 350 of its member credit unions. With Digital Onboarding, credit unions can provide their members with…
AuditLink, the audit and compliance division of CU*Answers, celebrated a stellar fiscal year in 2020 adding twenty-four new credit unions and CUSOs to its shared execution vendor management service offering. Jim Vilker, VP of Professional Services and AuditLink manager said, “we built this service based upon a cooperative mantra and have learned that vendor management…
CUSO Magazine announced that it has published its Winter 2020 edition, its fourth print edition. The magazine features twenty-four articles on topics affecting the credit union industry and the strategy decisions facing credit union staff daily. “Although CUSO Magazine is primarily a digital publication, our print editions help showcase to readers the breadth of the…