Technology News

2 Credit Unions Among Pioneers

REDMOND, Wash.-Two Washington-based CUs have become the first organizations to participate in the Internet Fraud Alert Program developed by Microsoft and the National Cyber-Forensics Training Alliance. Internet Fraud Alert notifies organizations about fraudulent online activity involving their own stolen credentials. The two CUs, BECU (Boeing Employees' Credit Union) and Yakima Valley CU, were able to join the program at no extra fee since they're currently customers of Internet Identity, a provider of technology and services that help organizations secure Internet presence. As part of the partnership, IID will contribute malicious activity data to Internet Fraud Alert, and IID will assist existing IID ActiveControl customers in joining the network at no extra fee to receive the latest alerts about compromised credential activity.

For info: www.ifraudalert.org.

 

UNITED SA Adds iPhone, iPad Apps

SAN ANTONIO-UNITED SA FCU has released UNITED SA Mobile, a fully functional iPhone and iPod touch mobile banking application for members that can be downloaded at Apple's App Store. The credit union said the new app allows members convenient access to their account information via E-Teller, where they can view account history and information, as well as transfer funds between accounts. Users can also access a UNITED SA branch and shared branch locator and have the ability to contact the CU via e-mail or phone with one click.

 

MACU Offering Free Mobile Pay

SALT LAKE CITY-Mountain America CU has launched a free mobile money service in partnership with Obopay, Inc. The service, labeled "Mountain America's Obopay," gives MACU members the ability to transfer money from their accounts to anyone securely using any mobile phone. Recipients do not need to be Mountain America members or be signed up for the service to receive money, and can direct the funds into any CU or bank account either instantly, using their debit card numbers or within one to three business days using their bank account numbers. Members can also use Mountain America's Obopay to receive debit card and electronic check payments, send money instantly to family members for emergencies or regularly scheduled payments and donate funds to charitable organizations via text-all from their mobile phones.

For info: www.macu.com/mobilize.

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