Archive Links

Consumer Archive
CU System Archive
Market Archive
Products Archive
Washington Archive
150x172_CUEffect.jpg
Contacts
LISA MCCUEVICE PRESIDENT OF COMMUNICATIONS
EDITOR-IN-CHIEF
MICHELLE WILLITSManaging Editor
RON JOOSSASSISTANT EDITOR
ALEX MCVEIGHSTAFF NEWSWRITER
TOM SAKASHSTAFF NEWSWRITER

News Now

Products
Stanford FCU first to deploy small biz PayLynx service
ST. PETERSBURG, Fla. (2/14/08)--Stanford FCU, Palo Alto, Calif., is the first credit union to use PayLynx for Small Business from PSCU Financial Services, the company announced. The credit union migrated business accounts that were using PayLynx and made the platform available to all small-business owners Feb. 1. “Platform installation and account conversions went very smoothly,” said Celeste Auger, Stanford FCU product manager. Stanford FCU has 550 small-business checking accounts, but Auger said she is hoping to build business deposits. The credit union is promoting deposits through e-statements, statement inserts and e-mails. It also launched a quarterly newsletter with financial tips and information about business products. PayLynx, powered by CheckFree, offers accounts payable functionality, authority levels for security and auditing, and e-bills and alerts. PSCU Financial Services has 500,000 PayLynx subscribers. Stanford FCU has more than $800 million in assets.


RSS





print
News Now LiveWire
What role are #creditunions playing in @gatesfoundation's 2030 vision of financial services? Read #NewsNow Monday
1 day ago
Consumers fear inaccurate info lingers on credit reports, says @FTC study Read @CUNA's News Now: http://t.co/RzNLMnaROO
1 day ago
@PCUA has formed a @LinkedIn networking group for former bankers turned #creditunion employees.
1 day ago
.@politico reports Democrats haven't picked the city yet, but their 2016 convention will be held the week of July 25.
1 day ago
.@cuna, @DCUC_HQ urge @CFPB to exempt #CUs from changes to Military Lending Act rules cuz CUs aren't part of the targeted problem. NN Monday
1 day ago