Texans CU Signs With IASystems

May 23, 2006, 1:00 a.m. EDT 1 Min Read

RICHARDSON, Texas - (05/23/06) Texans CU, the $1.7 billioncredit union giant, said Monday it has contracted with IA Systemsto implement the companys StreamLend Velocity software tosupport its direct and indirect lending program. The credit unionsaid it chose StreamLend Velocity for its 31 branches because thesystem is customizable for its branch network and its open softwarearchitecture allows for greater compatibility with other marketproducts. Texans CU is scheduled to replace its currentcustom-built, in-house system in October. IA Systems is based inAlbany, N.Y.

For reprint and licensing requests for this article, click here.

TRENDING

Payments

Visa card spending remains strong, despite a slowdown in Asia

Strong consumer spending and cross-border activity drove an 8% increase in Visa's total payments volume during the first quarter of the year, although Asia's economic recovery is taking longer than expected.

By Kate Fitzgerald

43m ago
Payments

Mastercard using open banking to spot fraud, EU warms to Apple Pay policy

Mastercard launches service to fight instant-payment fraud, EU may green-light Apple's NFC-access plan, and more.

By Kate Fitzgerald

3h ago
ESG

Politicians should stop playing culture war politics with public funds

An anti-ESG crusade in Texas exposes the degree to which conservative hype over companies' ESG policies has lost touch with the reality of the market, to the detriment of taxpayers.

By Sam Raus

4h ago

MORE FROM AMERICAN BANKER

Payments

Visa card spending remains strong, despite a slowdown in Asia

Strong consumer spending and cross-border activity drove an 8% increase in Visa's total payments volume during the first quarter of the year, although Asia's economic recovery is taking longer than expected.

By Kate Fitzgerald

43m ago
Payments

Mastercard using open banking to spot fraud, EU warms to Apple Pay policy

Mastercard launches service to fight instant-payment fraud, EU may green-light Apple's NFC-access plan, and more.

By Kate Fitzgerald

3h ago
Consumer banking

20 banks and thrifts with the most assets

The top five banks and thrifts had combined assets of more than $13 trillion as of December 31, 2023.

By Editorial Staff

8h ago
Regulation and compliance

'Through the looking glass': Jamie Dimon sounds off on regulatory burden

The JPMorgan Chase CEO took aim Tuesday at the proposed Basel III endgame rules, hindrances to mergers and bureaucratic burdens. "I would love to have a more productive relationship with regulators, but I think it takes conversation," Dimon said.

By Catherine Leffert

11h ago
Litigation

If Supreme Court sides with CFPB, 'flurry' of litigation moves forward

Many legal experts think the Supreme Court will rule in favor of the Consumer Financial Protection Bureau in a case challenging its funding. Such a ruling would unleash a flurry of litigation that has been on hold pending the outcome of the constitutional challenge.

By Kate Berry

April 23
Politics

Democrats push back against Corporate Transparency Act ruling

Lawmakers including one of the original sponsors of the Corporate Transparency Act have filed an amicus brief in the appeal against an Alabama court ruling that the law is unconstitutional, which would throw into question Treasury's newly-established beneficial ownership structure.

By Claire Williams

April 23