Product & Service
ITI and Alogent In Agreement
LINCOLN, Neb.-Information Technology, Inc. (ITI), a subsidiary of Fiserv, and Alogent Corp. have entered into an agreement to provide financial institutions with the ability to streamline payment processing by automatically capturing, validating and managing transactions at multiple points of presentment.
For info: www.alogent.com or www.itiwnet.com.
MemberMatch Tailors Program
DULUTH, Ga.-Georgia Central Credit Union said it has made changes to its MemberMatch program, a secure loan participation website that connects CUs interested in either buying or selling loans to one another. To date 166 CUs have signed up to participate. In addition, Georgia Central said there are now three other corporate sponsors: First Carolina Corporate, TRICORP FCU and Treasure State Corporate. For an annual fee, a corporate can become a sponsor of the MemberMatch website. Benefits of corporate sponsorship include placement of the company's name and logo on the MemberMatch website as well as a monthly report that will detail site activity and new user sign-ups. Sponsors also receive an equal share of a nominal listing fee for credit unions that wish to sell loans on the site.
For info: visit www.gacentral.org or call 770.476.9704.
'Simply Stated' Product Debuts
INDIANAPOLIS-Irwin Mortgage Corp. has launched a new product, "Simply Stated," of which it said, "this product is a streamlined approach to mortgage financing. Simply Stated allows consumers to apply for a purchase or refinance their home without standard documentation of their income or assets."
For info: www.irwinmortgage.com.
Mid-States, Betzold To Partner
WARRENVILLE, Ill.-Mid-States Investment Solutions, LLC, a subsidiary of Mid-States Corporate FCU, said it has partnered with Betzold Research and Trading to bring best practices total balance sheet management to credit unions. The partnership kicked off at Mid-State's headquarters when the leaders of six CUs participated in a two-day seminar entitled "Bond Math University Plus." Conventional techniques of financial analysis were critiqued and shown to be frequently misleading and inaccurate from an economic perspective. MSIS and Betzold intend to host several more joint sessions throughout the year
For info: www.midstates.org.