FNEFCU Selects Symitar
SAN DIEGO-Symitar announced that Connecticut-based First New England Federal Credit Union has selected the Episys platform to provide enterprise-wide automation.
This credit union, which has more than $56 million in assets and approximately 9,000 members, will install Episys in-house.
"We reached the point that we need more functionality in our core processing system considering our credit union's business strategy, the growing sophistication of our members, and the competitive markets that we serve," said Mike Palladino, president and CEO of First New England Federal Credit Union. "We also were looking for a system that provides the flexibility we need to continually respond to changes and capitalize on industry trends.
For info: www.symitar.com.
Metavante, DI Expand Agreement
CALABASAS, Calif.-Metavante and Digital Insight Corp. said they are expanding their strategic relationship.
Digital Insight, which provides Internet banking services to more than 1,750 financial institutions, said the new agreement includes a real-time payment agreement using NYCE, a stored-value gift card program and a reseller and third-party partner agreement.
For info: www.digitalinsight.com or www.metavante.com.
EPL Inks Deal With RSA Security
BIRMINGHAM, Ala.-EPL Inc. has inked a deal with RSA Security to provide secure authentication for credit union members' online-account-access through EPL's CUe-Branch home banking.
EPL said it selected RSA Security for its proven track record in protecting online identities through a flexible portfolio of solutions. Moreover, the transition to the new authentication process will be seamless to members.
For info: www.eplinc.com.
Nevada FCU Goes With Corillian
PORTLAND, Ore.-Corillian Corp. announced that Nevada Federal Credit Union, an $850-million credit union headquartered in Las Vegas, Nev., selected Corillian to provide online authentication to Nevada FCU's online banking service.
Nevada FCU will leverage Corillian Intelligent Authentication to implement additional layers of authentication and protection when members are performing online transactions and to help Nevada FCU comply with the recent FFIEC guidelines for online authentication.
For info: www.nevadafederal.org.
IPS-Sendero Intro's CPM Solution
ATLANTA-FISERV announced today that its business unit IPS-Sendero, provider of technology, education and professional services for corporate performance management (CPM) in financial institutions, is introducing a new CPM product.
Vantage, a fully integrated solution for asset/liability management, budgeting, performance measurement and financial reporting, is designed to meet the needs of community financial service providers.
Vantage supports interest rate risk analysis, with both current and future views of risk positions. Vantage's tools perform net economic value calculations, yield curve simulations and automatic rate shocks.
For info: www.fiserv.com or www.ips-sendero.com.
S1 Lauds Authentication Roll-Out
ATLANTA-S1 Corporation announced that financial institutions using its Internet Banking System (IBS) solutions are among the first institutions to successfully roll out enhanced authentication to their online banking users, ahead of the year-end 2006 deadline.
S1 made its multi-factor authentication capabilities generally available to its IBS customers in May.
Since the introduction, S1's IBS customers have implemented the strong, risk-based authentication security solution to online banking users. The S1 authentication solution is based on RSA Security technology.
For info: www.s1.com or www.rsasecurity.com.
