SSCU Succeeds With CU Check 21
SPRINGFIELD, Ill.-Sangamon Schools Credit Union here is reporting it was able to stop $2,500 in bogus American Express Travelers Checks as the result of its implementation of the CU*Check 21 solution as provided by Processing Alliance. CU*Check 21 includes a battery of embedded software tools for helping detect and prevent various check fraud, the company reported, adding that Processing Alliance is estimating that during the past 90-days alone, this feature has saved credit unions over $25,000 in bogus Travelers Checks, Postal Money Orders and other instruments attempting to be passed. The solution is offered by CU*Answers, a credit union-owned CUSO.
For info: www.cuanswers.com.
MailMethods Signs Two CUs
PORTSMOUTH, N.H.-MailMethods, a developer of e-mail appliances for the financial institution market, announced today that Envision Credit Union of Tallahassee, FL and Great Wisconsin Credit Union of Madison, are the latest credit unions to select the company's MM100 email appliance. The MM100 e-mail appliance is unique in the marketplace, and is designed to ensure the consistency of the look and feel of every email message, and drive revenue with no employee interaction.
MEMBERS Marks 25 Years
MADISON, Wis.-MEMBERS Capital Advisors is marking its 25th anniversary, having grown from five employees in 1982 to 75 employees today and more than $15 billion in assets under management today, MCA was founded as Century Investment Management Co., in the wake of historically high inflation in the late 1970s and early 1980s and a prime rate at 21%.
ACI Partners With Parsam
NEW YORK-ACI Worldwide a provider of software for electronic payment systems, and Parsam Technologies announced a partnership that will combine ACI's leading online banking products, ACI Enterprise Banker and ACI Enterprise Enrollments, with uMonitor's uOpen, uFund and uTransfer.
uMonitor provides next-generation online banking services for customer acquisition and retention. Adding uMonitor's account opening and funding to ACI's enterprise enrollments solution will offer financial institutions a powerful end-to-end online delivery solution for on-boarding new retail and commercial customers.
For info: www.umonitor.com.
