Archive Links

Consumer Archive
CU System Archive
Market Archive
Products Archive
Washington Archive

News Now

Products
Corporate One taps Bluepoint for item processing check capture
VISTA, Calif. (6/16/11)--Corporate One FCU and Bluepoint Solutions have formed a partnership to provide natural person credit unions with an alternative in check processing and clearing services. Through the partnership, natural-person credit unions using IMAGEin through their corporate credit unions can establish a relationship with Corporate One FCU, a corporate credit union based in Columbus, Ohio, for check processing and clearing services without any disruption to operations or product support. Vista, Calif.-based Bluepoint is a provider of remote deposit capture, image-based item processing, enterprise content management and receipt management. It developed the software that powers the IMAGEin branch capture solution specifically for corporate credit unions to deploy to their members. “For credit unions using IMAGEin that are exploring alternative corporate relationships, this partnership allows them to protect their financial investment in IMAGEin, and prevent disruption of service to their operations and, most importantly, their members,” said Hal Tilbury, CEO of Bluepoint Solutions. Credit unions that previously purchased licenses for IMAGEin through a corporate will be able to transfer existing licenses with no additional cost by switching product support directly to Bluepoint. Check images will then be sent to Corporate One for processing and clearing. Credit unions will not incur additional licensing fees or software costs, other than support. Day-to-day operations of the credit unions will be unaffected. Corporate One said it was one of the few corporates that did not to lose any of its members’ capital investment during the recent economic crisis. The corporate said it exceeds all capital ratios at the “well capitalized” levels, as outlined in recently updated regulations governing corporate credit unions.


RSS print
News Now LiveWire
#FreeGasFriday courtesy of @tvfcu, TN #creditunions http://t.co/wDRFYJVlpz
1 Day ago
If you were unable to watch or attend @cuna 's @thehill Hill forum on Wed., you can now watch the archived version: http://t.co/FhUnp7HbU8
1 Day ago
Time is running out. If you haven't taken the #NewsNow readership survey, please click here now: http://t.co/4Gp6C2Wa4o
1 Day ago
African financial inclusion possible with mobile money: @IMFNews study http://t.co/0V5DTQToxY
1 Day ago
Louise Herring's birthday is Saturday. 105 years later, her legacy lives on through her kids http://t.co/oMqGADmo0d http://t.co/T3NmS9NqEY
1 Day ago