Credit Union tech-talk

General News

* Corelation Creates New Core Solution
* Jack Henry Acquires Goldleaf
* uMonitor Ranks Among America’s Fastest-Growing Private Companies
* The Golden 1 CU Launches Consumer Source Capture from Fiserv
* PSCU Financial Services Launches CardLock

Corelation Inc., a member-centric core processing developer for the credit union industry, has officially launched its company. The core system was developed in C++, SQL, Java, and JavaScript with XML and Ajax, and includes XML based real-time APIs for third parties supporting all application functions. Company leaders are John Landis, CEO, and Theresa Benavidez, President.

Jack Henry & Associates, a leading provider of integrated technology solutions and data processing services for financial institutions, and Goldleaf Financial Solutions, a provider of integrated technology-based solutions, announced that they have entered into a definitive agreement for Jack Henry to acquire Goldleaf. Under the terms of the agreement, Goldleaf will become a wholly-owned subsidiary of Jack Henry.

uMonitor, a financial solution services provider for member acquisition and retention, announced that it ranked on the 2009 Inc. 5000 list for the second consecutive year. The company's 242 percent revenue growth from 2005 to 2008 earned it a place among these highly successful companies.

Fiserv, a leading global provider of financial services technology solutions, announced that The Golden 1 Credit Union has expanded its relationship with Fiserv by implementing its Consumer Source Capture product. The Golden 1 is the first credit union to utilize the ASP version of the remote deposit capture product. The Golden 1 integrated remote deposit capture into its existing online banking and payments solutions from Fiserv, Voyager Consumer Banking and CheckFree RXP.

PSCU Financial Services, the nation’s largest CUSO, launched its new CardLock service, which enables cardholders to lock and unlock debit and credit cards. The first to benefit from this patent-pending service are the cooperative’s 600-plus member-owner credit unions and their 13 million credit and debit accountholders.