Cavion Plus Adds Security
MOUNDS VIEW, Minn.-Cavion Plus, a provider of e-business solutions, has added an additional layer of security to its managed firewall product. The new development, Gateway Anti-Virus, addresses the challenge of viruses and worms that are "becoming more sophisticated in the way they disguise themselves," according to Cavion Plus Product Manager Kevin Prince. "To combat this explosive threat, Gateway Anti-Virus delivers more complete protection to ensure credit unions remain safe on the Internet."
The product is designed to be a seamless add-on to Cavion Plus' existing managed firewall product. The product scans traffic that passes through the firewall, and stops viruses before they reach the internal network. No additional hardware or software is required and all updates and maintenance fall under the managed firewall service agreement.
The anti-virus product automatically updates every 60 minutes to ensure it has the latest virus signatures.
For info: www.cavionplus.com.
AVON, Conn.-COCC, a provider of technology services, has formed an alliance with STB Systems, Ltd. to offer a comprehensive suite of Anti-Money Laundering (AML) products.
"Rated as one of the top anti-money laundering solutions available, the STB system will be offered by COCC as a service bureau product tailored to the compliance and efficiency needs of credit unions," the company said. COCC said its alliance with STB Systems will automate the complex tasks involved in complying with the latest AML regulations.
The STB system builds a permanent compliance database from multiple transaction sources. When integrated with COCC's open core system, the STB system will automatically display customer cash flow trends and patterns of exception activity, such as out-of-character transactions, to identify potential money-laundering suspects.
For info: www.cocc.com.
NORTHVILLE TOWNSHIP, Mich.-CU Village and MeridianLink have entered into an agreement to offer credit unions LoanDecision+ powered by LoansPQ.
The web-based system allows members to complete an online loan application and receive an answer within 30 seconds on whether their application has been pre-approved or forwarded to a loan officer for further review.
"In addition to providing members with a better lending experience, LoanDecision+ has a number of other useful features," said Todd Mason, chief operating officer for Credit Union Village.
For info: www.cuvillage.com.
CU*Answers Expands To NW
KENTWOOD, Mich.-CU*Answers is expanding into the Pacific Northwest though a partnership with newly formed Franklin Associate Solutions LLC, (FAS) Liberty Lake, Wash.
The partnership is designed to bring a local processing, support and development presence of the CU*Answers flagship CU*BASE credit union data processing software and associated services to a five-state area: Washington, Oregon, Montana, Wyoming, and Idaho.
"Roy Franklin and Rick Pisani, had recently formed FAS, an experienced team of programmers with a commitment to credit unions; a perfect partner to deliver the CU*BASE solution as well as a rapid response to issues and specific enhancement requests targeted to the northwest market," said CU*Answers CEO Randy Karnes.
For info: www.cuanswers.com
CUSO Selects Open Solutions
GLASTONBURY, Conn.-Open Solutions Inc., a provider of integrated enabling technologies for financial institutions, announced that Shared Resource Technology Group, a CUSO owned by two Ohio-based credit unions, has selected The Complete Credit Union Solution (TCCUS) for its member institutions' core data processing needs.
AurGroup Financial Credit Union, Hamilton, and CINCO Family Financial Center CU, Cincinnati, own the CUSO. CINCO is currently migrating from Open Solutions' FiTECH Systems MANAGER GOLD to TCCUS while AurGroup Financial Credit Union is a new Open Solutions client. The newly formed CUSO intends to resell outsourcing services using Open Solutions' technology to credit unions in Kentucky and Ohio with less than 10,000 members.
For info: www.opensolutions.com.