The cuasterisk.com network of CUSOs has announced the creation of Variable Ventures. Variable Ventures is an exciting proof of concept, taking the power of network design and collaborative dynamics to a new level of incubation for innovation development and investment. Variable Ventures has engaged industry veteran, Vic Pantea, to participate in transitioning this consortium into…
CU*SOUTH announced that Northwest Arkansas FCU has joined the CUSO network. “Credit unions today must be able to compete with the big banks by offering products and services that enable broader access to a diverse selection of member services,” said Becky Whitted, CEO of Northwest Arkansas FCU. “Our partnership with CU*SOUTH allows our credit union…
CU*SOUTH is partnering with Auto Link to offer a new tool to help credit unions boost their retail presence as members shop for cars and protect the financing opportunity. Research shows that credit union members spend an average of fourteen hours online searching for a new car. As they shop, members are flooded with quick…
The Lender*VP Collections team at CU*Answers has added yet another client to their list. $51M NorthPark Community Credit Union enlisted the team’s services in the quest for a better delinquency ratio. Jerry Collins, collections manager said, “this shows that our product is a value add to the credit union industry and that we are doing…
CU*NorthWest, the 100% credit union-owned cooperative CUSO, announced today that BeFit Financial Federal Credit Union in Vacaville, California has signed with CU*NorthWest moving from Fiserv CUSA. The $39 million-dollar credit union represents approximately 3,900 members. CU*NorthWest is extremely pleased to be adding an additional California client. Bobbie Adams, CEO of BeFit Financial FCU said: “When…
Xtend, Inc., a Grand Rapids-based execution CUSO, presented at the annual CU*NorthWest user group conference in early July, held in Spokane, WA. The two CUSOs have been partnering together for just over a decade. The conference is a three-day event, where CU*NorthWest clients can hear about the year ahead and collaborate with their partner CUSOs…
Ocala Community Credit Union, based in Ocala, Florida, has entered a new chapter in its banking history by deploying its new It’s Me 247 Mobile App from CU*Answers, fully integrated with eDOC Innovations’ remote deposit capture solution, eDOCMobile RDC. Serving its 2750 members, Ocala Community CU is leveraging the power of CUSO patronage and collaborative design.…
CU*Answers currently gives members control to ‘deactivate’ and ‘reactivate’ their ATM/debit and credit card via the CUSO’s mobile app. This service is free, giving the member the ability to limit the window of opportunity for fraudulent or unauthorized use. Letting the member deactivate the card until needed, such as for a large purchase, is another…
CU*Answers will begin to offer real time posting of remote deposit captures guaranteeing 7 days/week for 20+ hours per day while reducing cost for its credit unions near to 75%, scheduled for the next release in October 2018. A new dashboard to track deposit activity will be available with a member analysis of those using…
CU*Answers will soon start working with CU leaders to redesign new teller tools and transactions for the future. There will be three teller segments with the first serving multiple area functionality, the second with basic transaction posting and the third will be for floating tablet applications for roving tellers that will be linked with their…