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Products Archive

Products

CSS selects Panini for check scanning

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MADISON, Wis. (11/10/09)--Panini, a provider of check scanners for distributed capture, has been added to the stable of credit union products and services available from CUNA Strategic Services (CSS). "Panini will provide credit unions with the power to more efficiently turn a manual paper process into a digitally enhanced one," said Wes Millar, senior vice president of CSS. The Panini Vision X, the company's scalable check scanning solution, is used by financial institutions for branch image capture and remote deposit capture. The compact check scanners feature:
* ISO: 9001 certification; * Capture capabilities in MICR reading, document handling and image quality; and * Investment protection with system scalability that allows the scanner to adjust as customer needs change.
Panini has North American headquarters in Dayton, Ohio, and is based in Torino, Italy. It recently launched a check scanner for small business remote deposit capture, called the Panini I:Deal. For more information, use the link.

Fiserv launches P2P payment service

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BROOKFIELD, Wis. (11/10/09)--Fiserv Inc. announced plans for a new personal payments service to allow individuals to send or receive money person-to-person using their existing online banking relationship. The service will be available initially to Fiserv clients using the CheckFree RXP online bill pay platform during the first half of 2010. More than 3,100 financial institutions--including credit unions--can use the service through the Fiserv online payment network. Consumers can send money to any recipient using an e-mail address or mobile phone number. Payments are deposited into a recipient’s account and confirmation of payment is sent to the recipient’s e-mail address or mobile number. Payments will be processed through Fiserv’s payment network. “Consumers are showing an increasing preference for managing their finances online, and it is natural for them to turn to their trusted financial institution for any payment service, whether it is a bill payment or a personal payment,” said Erich Litch, Fiserv senior vice president and general manager of consumer services. Fiserv, Brookfield, Wis., provides financial services solutions such as payment technologies to financial institutions, including credit unions.

Corelation to display new KeyStone core system

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SAN DIEGO (11/10/09)--Corelation Inc., a core processing developer for credit unions, announced that it will display its new KeyStone core processing system during the 2009 California and Nevada Credit Union Leagues’ annual meeting and convention Nov. 16-18 in Las Vegas. KeyStone is slated as “person-centric” with updated features and functionality. Some of KeyStone’s features include:
* Automatic, unattended warm start after a power or operating system failure; * A fluid, browser-based user interface that operates similarly to the Internet, using tabs, keyboard and mouse navigation; * Monetary, file maintenance and general ledger transaction history, which are integrated and stored as a set; * Simultaneous access to work areas; * An unlimited number of share and loan types, collateral types, purposes and branches; * A single transaction posting engine for all activity; and * Simultaneous posting of multiple transactions.
Corelation is based in San Diego.