NEW YORK-CashEdge Inc., a provider of "Intelligent Money Movement" products, reported during 2008 it processed nearly $50 billion in online transfers, a 32% increase over 2007 volume. It said it also saw a 30% growth in the number of end-users accessing its services, indicating growth in user demand for online funds transfer services.
For info: www.cashedge.com
ST. LOUIS, Mo.-Industry consultant Denny Graham has founded of FI Strategies LLC., which will offer a full line of sales and service effectiveness products, strategic planning for CUs, and CU call center improvement.
For info: www.FI-Stratgies.com.
CINCINNATI, Ohio-Frost Financial Services has updated and re-branded its website. The updated site, www.FrostInsure.com, is intended to be a sales tool for lenders who offer GAP. The website allows a lender to review a side-by-side comparison with other GAP programs and to "request a test drive" by completing an online form.
For info: www.frostinsure.com
SAN FRANCISCO-CMG Mortgage Insurance Co. released a new CD-ROM focusing on the value of offering mortgage lending. "Increase your Credit Union's PFI Opportunities with Mortgage Lending," is the brainchild of the Mortgage Insight Panel, an advisory group of CU executives that focuses on mortgage lending services.
The CD-ROM is distributed through the websites of CMG MI, CUNA Mutual Group, and the American Credit Union Mortgage Association.
For info: www.cmgmi.com
