ATLANTA -- Atlanta Postal CU said Tuesday it has signed with Configuresoft to integrate the company's ECM Management Extension for Assets. The system will allow the $1.6 billion credit union to centralize and correlate data from different areas that were previously resource intensive and time consuming to manage. The system expedites decision making and improves accuracy of asset management and data discovery because all relevant information gets assembled in a single report. Configuresoft is based in Colorado Springs.
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The Missouri bank surveyed consumers about what kind of financial management tools they use, then built its My Finance360 tool in response.
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As banks consider their strategies, other big names are also considering a role for digital assets.
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The Financial Technology Association — which had been granted the right to defend the Consumer Financial Protection Bureau's open banking rule after the bureau declined to defend it — filed a motion Sunday to preserve the rule.
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Kevin Fromer, who has headed the Financial Services Forum since 2017, announced his departure Monday. Fromer transformed the Financial Services Forum to advance the interests of the largest U.S. banks.
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