XP Systems, Real-Time In Alliance
MOORPARK, Calif.-XP Systems, a unit of Fiserv, Inc, announced it is entering into a relationship with Real-Time Kiosks, which provides self-service kiosk systems. Allegacy FCU in North Carolina will become the first credit union to install Real-Time Kiosk solutions integrated with XP Systems' data processing system. Ray Crouse, manager of E- Services at Allegacy, said a number of AFCU's branches had reached "optimal capacity" and had no room for additional staffing. The kiosks will be used to address growing volume. The units, which can process a loan from application through printing documents, will employ biometric finger imaging to identify members. The kiosks also function as an ATM, enhanced with deposit imaging. For info: Rick Scali (770) 614-4266, or firstname.lastname@example.org. Or www.xpsystems.com.
4 CUs Select CuServ Solution
ATLANTA-Harland Financial Solutions reported that Northern Arapahoe Tribal Credit Union, Ft. Washakie, Wyo., Postal Credit Union, Beloit, Wis., and Loza Landing Credit Union, College Park, Ga. have selected the CuServ in- house data processing system to provide operational efficiencies and better service to its members. The company said more than 275 credit unions are now using the CuServ system. For info: www.harland.net.
SafeID Aims To Boost Security
MADISON, Wis.-CUNA Network Services, a provider of online business solutions to credit unions, has introduced a means of providing secure member-access to online financial and personal services called safeID. "safeID combines a smart card chip, Universal Serial Bus or USB connector and operating system software on a house key-sized device," said John Hobko, president. "This essentially allows a user to plug the smart electronic key fob directly into the standard USB port on a PC, eliminating the need for a card reader and power supply." Hobko said members will be able to use secure authentication via safeID to access their credit union's Internet banking system, as well as store and manage personal data, including favorite URLs, passwords, addresses and accounts.
safeID features services such as myProfile, a software application that stores cardholder information on the smart card chip allowing the cardholder to automatically fill out appropriate web forms, as well as store, edit and update multiple addresses at any time. The myWallet feature stores data from multiple credit cards including everything related to a transaction such as cardholder name, expiration date, card type/number and cardholder address. For info: 1- 800-356-9655, extension 4213.
Safe Deposit Box Leasing Debuts
GLASTONBURY, Conn-Open Solutions Inc. (OSI) has released Safe Deposit Box Leasing System (SDB). The SDB module is completely integrated with Open Solutions' enterprise core data processing system, thus enabling OSI's clients to immediately view all safe deposit box information, as well as the entire member account relationship, the company said. Two installations are in progress and 10 mroe are planned. According to OSI, the new module provides for total safe deposit box setup, and all box maintenance is recorded in history by date and authorized employee.
Separately, OSI has acquired the financial accounting product line (formerly known as Financial Technology Inc.- FTI) from San Diego-based HNC Software. The acquisition of the financial manager suite of products includes General Ledger, Accounts Payable, Fixed Assets, Investments and EIS, as well as HNC's Asset Liability product line.
For info: www.opensolutions.com.
Continental FCU To Convert
VALLEY FORGE, Penn.-USERS, Inc., a unit of Fiserv, announced that the $184-million Continental Federal Credit Union, El Segundo, Calif., will convert to its DataSafe On-Line information system on Sept. 1. Used by more than 160 credit unions, DataSafe On-Line is an application service provider (ASP) solution that offers credit unions the same core system functionality as USERS' in-house system, without the related system administration requirements. The in-house version of USERS' DataSafe system is used by an additional 175 credit unions.
For info: www.users.com.
EDS Expands Virtual Branch
PLANO, Texas-EDS has expanded its Virtual Branch suite of electronic banking services to include account aggregation services. That service permits members to aggregate web-based financial services from multiple suppliers into a single Internet site. Approximately 350 U.S. credit unions, representing 400,000 members, offer the Virtual Branch product, out of EDS' IT solutions client base of more than 2,600 credit unions.