RIVERSIDE, Calif. - (01/11/06) Increasing numbers of creditunions are turning to Voice Over Internet Protocol to improve theperformance and reduce costs of their telephone service. Voice OverInternet Protocol enables voice conversations through privateInternet-based networks or the public Internet. Businesses pay afee to an Internet service provider to use the Internet, but thecall itself carries little or no fee as long as it is transmittedwithin the voice-over IP network. Among the area credit unions thathave introduced VoIP are Wescom CU and Altura CU. Altura CU, inRiverside, invested about $100,000 in a 100-telephone Internetnetwork for its call center, mostly for routing calls among officesand at-home workers. The credit union uses NEC and Cisco Systemsequipment. Irvine-based Zeacom Inc. Routes incoming calls over theInternet to Alturas 11 branches and five CUSOoffices.
-
As AI and digital assets become mainstream, banks are spotting new opportunities to integrate payments with other activities.
July 4 -
House Republicans overcame internal divisions to narrowly pass President Trump's tax and spending package Thursday afternoon. The measure would cut the Consumer Financial Protection Bureau's funding level, among other provisions.
July 3 -
A new partnership with Google Cloud will let the Spanish bank offer Gemini to all staff after a successful ChatGPT deployment.
July 3 -
Atlanta-based CoastalSouth's initial public offering prices at $21.50 a share; Valley National Bancorp announces Lyndsey Sloan will succeed Gary Michael as general counsel; Webster Financial Corporation taps a new chief risk officer and appoints a new board member; and more in this week's banking news roundup.
July 3 -
Capital One closed the deal to buy the credit card provider in May and as part of the review process, decided to exit its home equity lending business.
July 3 -
In a rare move for a credit union, the Seattle institution has snapped up the 13-member team that created EarnUp's AI Advisor product.
July 3