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Products and Services briefs (12/07/2009)
* NORTH RICHLAND HILLS, Texas (12/8/09)--Credit unions and other financial institutions said they expect technology to positively impact productivity and compliance assistance in 2010, according to a Cypress Software Systems survey. The respondents were questioned during a recent conference. About 48% expect technology’s primary role to increase productivity, followed by compliance assistance (26%), enhanced risk management (21%) and improved quality control (5%). Mortgage regulations (32%), compliance (26%), risk management (19%), the economy (13%) and cost reduction (10%) also are expected to be next year’s hot topics, according to survey results. About 86% of those surveyed also said they expect an increase in business loan applications in 2010. Cypress Software Systems, North Richland Hills, Texas, is a developer of automated credit application decision support technology ... * LINDEN, N.J. (12/8/09)--Integrated Media Management (IMM), a document output management and automation technology provider, announced that CFE FCU, Lake Mary, Fla., has selected IMM’s TotaleWorks suite of products. TotaleWorks includes TotaleAtlas, a document preparation engine that captures signatures electronically; TotaleChecks, software that laser prints batch and online institution official checks on blank security paper; and TotaleReceipts, an automated teller receipt solution. CFE FCU has $1.1 billion in assets ... * MEMPHIS, Tenn. (12/8/09)--uMonitor announced that it has partnered with Pawtucket (R.I.) CU. The credit union is implementing uMonitor’s uOpen and uFund account opening and funding solution; uSwitch, an integrated switch kit; and uTransfer, a money transfer platform that will allow members to move money in a secure online environment. Pawtucket has $1.1 billion in assets ...


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