Open Solutions Inc. announced that its Canadian subsidiary, Open Solutions Canada, and Celero Solutions have reached an agreement on a comprehensive suite of Open Solutions' strategic products to the Calgary, Alberta-based organization.

Share One, Inc., a technology CUSO, announced the recent addition of three new credit union clients.

Pacific Service Credit Union has launched the first in a series of educational podcasts on its web- site.

Small credit unions are sitting ducks for network hackers, according to one executive at a $56-million CU here.

Credit unions are selling safety to their online members by using new multi-factor authentication tools to promote Internet banking.

Integrated Media Management (IMM), which specializes in output management and document automation technology, said that the $1.6-billion Tower Federal Credit Union in Laurel, Md., selected the company's solution. IMM reported that it now has 14 credit union clients of more than a billion dollars each using some portion of its TotaleWorks for document output and electronic signature capture. TotaleWorks has three components "that automate the entire document process through seamless integration with both the host system and document imaging systems," the company said.

Employees at smaller credit unions may have fewer resources than their counterparts at large credit unions, but they often have greater freedom to surf the Internet and check outside e-mail, opening up all the possibilities and perils of the web.

MRG Document Technologies (MRG) announced its Miracle Online, an ASP-based software package that provides automated data entry, document selection and electronic delivery of loan documents for mortgage lenders, is now available to users through a direct interface with MERS 1-2-3.

Open Solutions Inc. announced that its Canadian subsidiary, Open Solutions Canada, and Celero Solutions have reached an agreement on a comprehensive suite of Open Solutions' strategic products to the Calgary, Alberta-based organization. This additional agreement complements an existing relationship finalized in December 2005 granting Celero licensing rights, reseller and maintenance agreement with Open Solutions for the Canadian version of Open Solutions' relational core data platform, The Complete Credit Union Solution.

What is the ideal ROA ratio for a credit union?

Credit unions can get rid of those widely publicized website authentication tools, as they will no longer have to shoulder the responsibility of proving to visitors that their websites are valid, according to one authentication provider here.

NCUA notified credit unions they need to enact a multi-factor authentication system for all high-risk financial transactions over the Internet by the end of the year.

FISERV announced that its business unit IPS-Sendero, provider of technology, education and professional services for corporate performance management (CPM) in financial institutions, is introducing new CPM products and is enhancing its brand to better reflect IPS-Sendero's CPM strategy.

Netflix doesn't have it-but an online bill payment movie here is good enough that more than one-third of the members who watch it sign up for bill pay.

Cyphermint Inc. announced the launch of its PayCash Mobile which will allow customers to use their cell phones as a payment device. The service will allow any Internet enabled phone to act as a mechanism for payment authorization.

Phishing scams targeting any institution with the words "credit union" in their name show no signs of abating. The Illinois Credit Union League reported that an e-mail with the words "Important Information from Customer Support Center" in the message line and including a link that attempted to persuade recipients to fill out an "Illinois Credit League Survey" for which they would be given $25 "for research purposes only" have been hitting some consumers in the state.

National Institute of Health FCU has gone live with Integrated Media Management's TotaleAtlas document presentment system and TotalReceipts indexing and signature capture solution.

Edentify Inc. has agreed to a joint development and marketing partnership with Bankcars that will combine Edentify's IDScreen risk management technology with Bankcars' Closed Account Reporting system. The combination will allow CUs and banks to shorten the time required to verify applicant identities from as long as 15 minutes to as short as 10 seconds.

Corillian Corp. announced that Nevada Federal Credit Union, an $850-million credit union headquartered in Las Vegas, Nev., selected Corillian as its partner to deliver stronger online authentication to Nevada FCU's online banking service. Nevada FCU will leverage Corillian Intelligent Authentication to implement additional layers of authentication and protection when members are performing online transactions and to help Nevada FCU comply with the recent FFIEC guidelines for online authentication.

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