Archive Links

Consumer Archive
CU System Archive
Market Archive
Products Archive
Washington Archive

News Now

Products
CUTEK adds hosted option to Correio AVS
MURRIETA, Calif. (12/4/08)--CUTEK, a financial technology development and consulting firm for credit unions, has added a "hosted" service bureau option to its Correio Address Validation Servicer (AVS) solution. The hosted Correio AVS works the same as the original, but the credit union using the hosted version doesn't have to maintain a PC server and the USPS database. Instead, CUTEK handles those tasks. Credit unions employing the service don't have to worry about maintenance or hardware requirements. "Subsequently, it will save our clients a lot of time, labor and money," said CUTEK President Ron Murray. The hosted version gives credit unions a choice on how to deliver the security of address validation and save costs in standardizing to USPS standards. Credit unions whose security procedures don't allow data to be sent from the credit union network can still chose the in-house version. Both hosted and in-house versions are available to be integrated with any credit union on core platforms other than Symitar's Episys, allowing CUTEK to expand its market beyond Symitar clientele. Correio has been so popular with Symitar credit unions "we thought that it would be a good idea to open it up to other platforms," Murray said.


RSS





print
News Now LiveWire
.@CFPB has concerns Re:electronic paymnts networks,particularly its effects on consumers,said bureau director Cordray http://t.co/mqi9bHL6Fb
9 minutes ago
#NewsNow CUNA Tech Council white paper looks at EMV http://t.co/2znk5N0Y4m
57 minutes ago
.@CUNA 3 pm ET Twitter chat Tues about recent customer satisfaction results ranking #CUs much higher than banks. #CUServiceExcellence.
1 hours ago
AACUL honors @DianaRDykstra with Eagle Award; Wendell Lyon re-elected chair http://t.co/FacmfLiItH
2 hours ago
.@NCUFoundation's Hyland, #creditunion leaders grace small screen for Va. TV program #CUNANewsNow http://t.co/opmMXzD91e
2 hours ago