Technology

Biometrics Add True Security December 1, 2006 By Christopher Shepler 'I have a multifactor authentication problem that's going to hit me right in the face.' This sentiment, expressed by a Colorado-based call center operator at the SpeechTek NYC conference in August, has been echoed by financial institution compliance officers across... READ MORE

Corillian, uMonitor Partner for Online Account Opening and Funding December 1, 2006 Corillian Corp., Portland, Ore., and Parsam Technologies, the Memphis, Tenn.-based provider of uMonitor financial technologies, announced a partnership to combine Corillian's leading online banking services with uMonitor online account opening and funding, funds transfer, premium account aggregation, and... READ MORE

Webinar Offers Compliance Help for Marketers December 1, 2006 WorkZone, Conshohocken, Pa., is offering a specialized Webinar tailored exclusively for financial services industry marketing professionals who have advertising compliance needs. The Webinar will feature a live demonstration of online tools financial services marketers have used to comply with government regulations... READ MORE

Online Users: Worth Their Weight in Gold November 1, 2006 By Paul Witman and Gwenael Delaine Online vs. offline consumers What to do next? In today's competitive market, small and midsize financial institutions constantly find themselves beating back the ever-infringing 'Top 25' banks, a practice that often drives them to... READ MORE

Online Banking Creates CU Cyber Risks November 1, 2006 By Marjorie Young Many credit union executives would be surprised to learn their institution is not insured against losses related to online banking. Cyber liability is a huge and growing risk--one that, if not properly insured, could bankrupt a credit union.... READ MORE

'Haptic' Technology Enters ATMs November 1, 2006 Diebold Inc.'s new concept automated teller machine (ATM), Vectra, dispenses with a prominent design element: the button. Incorporating a design philosophy known as haptics, which is based on the sense of touch, the concept terminal replaces the traditional keypad and function keys with... READ MORE

Find Buried Treasure Within Member Interactions November 1, 2006 By Lynn Grogan Credit unions face significant challenges today--rising interest rates, industry consolidation, bringing in new business, and maintaining members' loyalty. In response, many credit unions are recognizing the importance of leveraging the information derived from everyday interactions between their members... READ MORE

Coin Counter Allows Electronic Transfers Into Consumers' Accounts November 1, 2006 Coinstar Inc., Bellevue, Wash., has developed the new Coinstar Direct Coin Depositâ„¢ service that will allow consumers to electronically transfer coins into personal accounts. This feature is complemented with Coinstar's new Madison coin-counting kiosk, specifically designed for retail financial... READ MORE

Mortgagebot Named to 2006 'Future 50' November 1, 2006 Mortgagebot LLC, Mequon, Wis., was named to the 2006 Future 50 list by the Metropolitan Milwaukee Association of Commerce Council of Small Business Executives. The list recognizes area companies that achieved growth in both revenue and employment. This is the second... READ MORE

Seven Tech Trends That Will Matter Most to CUs October 1, 2006 By Mark Sievewright As I think about technology trends that will shape the credit union movement's next chapter, the most difficult part is reducing the list to a manageable number. These "Magnificent Seven" trends, presented in alphabetical order,... READ MORE