Teres, Andera In Partnership
AUSTIN, Texas-Teres Solutions has partnered with Andera to integrate the Andera account opening solution with its SAIL lending automation platform. "The integration will allow Teres Solutions clients to automate the account opening process and to provide new account holders with instant access to loan products," Teres Solutions said. "This includes on the spot approvals for loan consolidation, home equity loans, credit cards and other services of value, which together provide growth opportunities and foster better customer and member relations."
For info: www.teressolutions.com or www.andera.com
No More When For Who's Who
BIRMINGHAM, Ala.-Dollar Associates said it will no longer publish Who's Who in America's Credit Unions, which it did through a subsidiary company. Launched in 2008, it featured 8,804 credit union professionals and volunteers into the initial publication. Dollar Associates said it has elected to focus its resources on its core credit union consulting business and discontinue the publication going forward.
PSCU-FS Upgrades Collections
ST. PETERSBURG, Fla.-PSCU Financial Services said it has upgraded its collections system with Akcelerant software that will allow credit unions to handle collections for a variety of product lines. PSCU Financial Services currently conducts 450,000 outbound calls each month to service delinquent credit card accounts. It will implement the new software this summer and is expected to expand its collections portfolio in the fourth quarter. Akcelerant is a provider of collection management technology to CUs.
For info: www.pscu-fs.com and www.akcelerant.com
'Distressed Loan Trade' Debuts
JACKSONVILLE, Fla.-Fidelity National Information Services said its Advanced Commercial Banking System division has introduced a Distressed Loan Trade Management and Settlement Platform on the ACBS ClearPar syndicated loan operations platform. Buyer, seller, and agent bank or CU were able to generate, circulate and execute legal documents associated with distressed syndicated loan trades, but recent upgrades include new functionality for managing distressed inventory.
For info: fidelityinfoservices.com
