ROCKVILLE, Md. (3/30/12)--NeighborBench, a provider of compliance solutions for credit unions, recently chose Ongoing Operations, a business continuity and technology credit union service organization, to host its secure, cloud-based infrastructure.
Ongoing Operations is a CUNA Strategic Service provider.
"Our platform was designed to provide community financial institutions with the kind of bench strength they need to tackle complex issues--like compliance--more efficiently," said Ken Wolff, founder/managing partner of NeighborBench. "We needed a partner who was familiar with the strict security requirements of credit unions and were impressed with the depth and breadth of the cloud solutions Ongoing Operations offers."
"One of the most exciting things about our cloud-based solutions is the flexibility and scalability they provide for credit union vendors," added Kirk Drake, Ongoing Operations CEO. In addition to serving credit unions directly, the company provides suppliers with platforms that suit their needs.
NeighborBench's compliance solution combines automated tools with professional expertise and is designed to help reduce the primary challenges of compliance: cost, time, resource requirements, and the disruptive nature of traditional consulting firm solutions, the company said.
MALVERN, Pa. (3/30/12)--Akcelerant Advisors LLC, a provider of business performance management and analytics, has acquired CU Data Miner LLC to lead its analytics arm.
CU Data Miner is a provider of business intelligence reporting and business process improvement solutions for credit unions.
The company's founder, Kevin Bingham, has signed on to lead Akcelerant Advisors' analytics practice as managing partner.
As part of the acquisition, Akcelerant Advisors will take ownership of all of CU Data Miner's existing products and customers, which will become the basis for the company's analytics practice along with Akcelerant Spotlight, a data analysis, reporting and information collaboration tool.
INDIANAPOLIS (3/30/12)--Credit Union Card Center (CUCC), a subsidiary of the Indiana Credit Union League's Servicecorp, has selected Innovative Card Services (ICS) to offer Visa gift, travel money and general purpose reloadable cards.
CUCC already works with ICS to offer the Visa payroll card.
"The popularity of prepaid and reloadable cards continues to grow, and more consumers are looking to their credit unions to purchase the cards," said Diana Arnold, Servicecorp chief operating officer, who oversees CUCC.
"This partnership between Servicecorp and ICS will offer consumers the ease of purchasing cards at their credit union and it allows credit unions to take advantage of the networking power of Servicecorp to obtain the cards affordably, expeditiously and conveniently."