CUDL, IA Systems Build New Interface

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CU Direct Corporation (CU Direct), which administers Credit Union Direct Lending (CUDL), and IA Systems, Inc. said they have built an interface between CUDL and the decision engines of StreamLend, IA's automated, paperless loan processing software. "This joint collaborative effort, initiated in June 2004, has produced a state-of-the-art, web services, XML interface that meets the Standards for Technology in Automotive Retail (the STAR standard), an auto-industry-wide initiative to create voluntary IT standards for how manufacturers, dealers, and customers communicate with each other," the company said. The $1.2-billion Virginia Credit Union has been piloting the application.

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