Transactions Soar At CUSO
WARRENVILLE, Ill.-Balance Sheet Solutions LLC, the broker/dealer and investment advisory CUSO of Members United Corporate FCU, has seen more than a 400% increase in marketable securities transactions and an almost 1,200% increase in jumbo certificate transactions through the third quarter of 2008 over the same period in 2007. Due to its greater market penetration, increased credit union liquidity during the first half of the year and recent market uncertainty during the third quarter, Balance Sheet Solutions executed almost $8 billion dollars in investment transactions for credit unions, it said.
Just In Time For The Holidays
TALLAHASSEE, Fla.-Credit Union 24, a credit union-owned ATM and point-of-sale network, has contracted with its long-standing marketing partner, Member Access Pacific, to offer a low-cost and customizable prepaid card solution.
"MAP Prepaids" is a flexible card program featuring reloadable, instant-issue and personalized cards that are not tied to a main deposit account, allowing members to access and share funds securely.
The MAP Prepaids cards feature near universal acceptance worldwide and come with 24/7/365 call-center support. A number of design themes are available on the customizable cards.
Credit Union 24 expects interested CUs to be up and running on the MAP Prepaids program in time for the holidays.
For info: www.mapacific.com.
Mortgage Builder Wins Award
SOUTHFIELD, Mich.-Mortgage Builder Software has been recognized for its superior customer service by Mortgage Technology magazine, which named the technology company as the winner of its Help Desk Award for 2008.
For info: www.mortgagebuilder.com.
New Fraud Solution Available
JACKSONVILLE, Fla.-Fidelity National Information Services Inc. has announced a strategic alliance with Actimize, a NICE company, to deliver risk case management across the enterprise. The companies said the alliance will provide institutions a market-leading advantage by enabling them to connect and investigate identified and suspected fraud activities, replacing disconnected approaches.
For info: www.fidelityinfoservices.com or www.actimize.com.
