U.S. Central Sheds Internet BankingOperations
LENEXA, Kan. - (07/13/05) -- U.S. Central CU said Tuesday itsCorporate Network eCom LLC unit has agreed to sell its MemberBridgeproduct line to qbt Systems, a New York-based provider of solutionsfor financial institutions. The MemberBridge product line includeMemberBridge Internet Banking, MemberACH, MemberBridge Bill Pay,MemberBridge Alerts, MemberBridge Secure Messaging, MemberBridgeConsumer Lending System, and MemberBridge Server. Qbt said it willopen an office and incorporate the MemberBridge assets into itsMultiPoint integration platform, a real-time transaction processingengine. Corporate Network eCom is majority owned by U.S. Central,with shares owned by Open Financial Solutions and several creditunions, Bellco CU, GTE FCU, Patelco CU, Suncoast Schools FCU ,Wescom CU, Orange County Teachers FCU and First Tech CU. Terms ofthe deal were not disclosed.