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Share One, a leading developer of credit union core processing software used by CUs with assets ranging from $10 million to $1.8 billion, announced that they have recorded six contract renewals for their core processing system, NewSolutions, over the past six months. They are: 1. Cascade Community CU; 2. Lutheran FCU; 3. Northern Kentucky Educators' FCU; 4. Emery FCU; and 5. Cove CU.
CUES announced that Hyland, a leading provider of software solutions to manage content, processes and cases, is now a 2018 CUESolutions provider. As the only CUESolutions technology provider, CUES said that Hyland’s experts will offer their members technology best practices and insights to help streamline processes, digitize data and optimize business practices.
PSCU announced a partnership with Equips, a company specializing in equipment management for FIs. The CUSO said that their owners utilizing PSCU’s ATM Managed Services program can realize a first-year average cost savings of up to 20 percent versus traditional maintenance contracts as a result of the CUSO’s relationship with Equips.
The author contends that video technology offers many benefits, including: Higher cross-sell of products; Increased close rates and faster sales cycles; Greater consumer satisfaction and loyalty; Reduced workload in branches; and Enhanced revenue opportunity.
Roughly 20 months after its split from Dell, security vendor SonicWall is ramping up its targeting of the mid-tier enterprise market. This article breaks down 12 new features of SonicWall's products.
One of the most common methods to configure an office full of Microsoft Windows computers is with group policy. For the most part, group policies are settings pushed into a computer's registry to configure security settings and other operational behaviors. Group policies can be pushed down from Active Directory (actually, pulled down by the client) or configured locally. The author states that if you get the 10 settings right that he outlines in this article, then you will go a long way toward making your Windows environment more secure.
Microsoft says elements of Windows 10's Enterprise edition's Attack Surface Reduction (ASR) feature, part of Windows Defender Exploit Guard, will be made available in all versions of Windows 10. The latest Insider build, 17704, allows users to toggle on a new Block suspicious programs feature, which will "prevent behavior by an app or file that might infect your device".
While some people are in favor of eliminating the $1 bill, this common denomination has a fascinating history. The dollar's design has undergone some interesting alterations over the years — from the "funnybacks" that emerged in the 1920s to the web-printed bills of the 1990s. Read this interesting article to learn how the buck has changed from the 19th century through the present.
Here is a chance to learn about real life credit union success stories from various technology vendors through the words of their clients. This week's vendor is:
and their clients are:
Mobile payment apps are changing the old fashioned way of paying for things, and streamlining the process. They excel at small transactions, avoiding the need for having cash, such as paying a babysitter, or splitting the tab at a restaurant when dining with friends. Tech Radar ranks their Top Five: 1. Apple Pay; 2. Google Pay; 3. PayPal; 4. Venmo and 5. Samsung Pay.
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The author contends that the biggest fraud development is that fraudulent activity is coming from a multitude of sources, both human and machine. He offers some practical advice in this article to help you avoid the perils of fraud.
Enveil is a cybersecurity company that specializes in protecting data in use. Because most data needs to be decrypted when subjected to search or analytics, a potential vulnerability exists every time data is being accessed. With Enveil, this “last gap in data security” is sealed, helping organizations to securely work with both encrypted and unencrypted data in the cloud, on premises, and in between.
The author states that loyalty does not come by “delighting” consumers or “exceeding their expectations.” Rather, it comes by consistently delivering your Value Proposition on a 24/7 basis. In this context, problem resolution is really an opportunity in disguise; a way to build trust with them when inconsistency of execution inevitably raises its ugly head.
BluCurrent CU chose to start with video banking in its branches and later, once it had the technology down, expand to its website. When members were surveyed about the experience, 97 percent ranked it as positive.
Now in its 10th year, the latest payment-choice study found that debit cards, cash, and credit cards remain the three most popular payment forms. Debit cards accounted for 31% of monthly payments in 2017, cash for 27%, and credit cards for 23%. In 2015, debit cards’ payment share was 32% compared with 27% for cash and 21% for credit cards. The slight increase in cash usage from 2015-17 is not statistically significant, the Federal Reserve Bank report says.
Many American small business owners have negative perceptions of online lenders and online lending, according to a new study released by the Federal Reserve Board and the Federal Reserve Bank of Cleveland. The new “Browsing to Borrow: ‘Mom & Pop’ Small Business Perspectives on Online Lenders” study report examines small business owners' perceptions of online lenders and their understanding and interpretation of the information that online lenders use to describe their credit products.
The $12-billion Mountain View, CA-based First Tech FCU announced their roll-out of its omnichannel 2.0 experience to its 500,000-plus members, which allows faster and easier payments and card applications. According to the CU, the new process, which began in May 2018 and was 18 months in the making, delivers the most personalized banking experience to-date and significantly simplifies processes and sources data from a single platform. For example, cutting member and loan application time from 30-45 minutes to just 10; and, application questions from 40 to just eight.
As its name implies, bandwidth on demand gives BT's business customers the flexibility to increase their bandwidth as needed to meet peak needs. Bandwidth on demand could also lower the cost structure for businesses by giving them more control of their networks. Bandwidth on demand is a feature on BT IP Connect Global, which is BT’s wide area networking service available in 198 countries and territories. Orange Business Services, AT&T and Verizon have also trialled or deployed their own versions of bandwidth-on-demand services using universal customer premises equipment (uCPE) or virtualized customer premises equipment (vCPU). UCPE and vCPU allow service providers to offer virtualized services to their business customers on lower cost x86 servers without the need for proprietary appliances.
Some analysts define the SD-Branch as having SD-WAN, routing, network security, and LAN/Wi-Fi functions all in one platform with integrated, centralized management. An SD-Branch can be thought of as the next step after SD-WAN, as the latter transforms the transport and the former focuses on things in the branch, such as optimizing user experience and improving security.
When Google introduced Google Duplex, its AI assistant designed to speak like a human, the company showed off how the average person could use the tech to save time making reservations and whatnot. However, now The Information is reporting the company is already in conversations with at least one potential customer that would like to integrate Duplex into its operations. That firm, an unnamed large insurance company, is reportedly interested in using the voice assistant to handle simple, straightforward customer service calls.