Product & Service
DI Launches Stock Repurchase
CALABASAS, Calif.-Digital Insight Corp. has launched a repurchase of up to $50 million of the company's common stock over the next year.
The share repurchase comes on the heels of DI's completion of $100 million in share repurchases during the past two years at an average cost of $24.79 per share.
The repurchases will be subject to market conditions, and will be made from time to time in open market or in privately negotiated transactions.
BenSoft, Metavante Team Up
SAN DIEGO, Calif.-BenSoft, Inc., a provider of automated reimbursement plan software, is working with Metavante, specializing in linking employee benefit accounts, to integrate the MBI Benefits Card.
The firms have developed an interface that facilitates the flow of data between the two companies' systems on a real-time basis.
Administrators using the integrated RepayMe-MBI Benefits Card solution can eliminate the need for participants' out-of-pocket spending, speed up claims processing, and provide real-time updates to flexible spending account balances.
For info: www.metavante.com
Lending Solutions Unveils WebClose
ELGIN, Ill.-Lending Solutions Inc., a provider of lending center services and consulting programs for financial institutions, launched its WebClose feature to communicate over the Internet with credit union members during the loan origination process.
WebClose, an interactive web-based consumer loan origination feature, enables Lending Solutions to engage a credit union member in a discussion regarding rates, payments and terms during the loan application process. Additionally, Lending Solutions' staff members can cross-sell ancillary loan products as well as credit insurance over the web.
For info: www.nlpc.com.
Visit The Credit Union Journal's Website At www.cujournal.com.