HERNDON, Va. (4/12/12)--DigitalMailer Inc. has introduced software that allows members and customers to securely upload important documents such as wills and insurance documents to their financial institutions' online document library.
My Virtual StrongBox allows members to load documents into their financial advisors' protected document library using the same secure document technology financial institutions now use to deliver online statements, notices and tax documents.
The software is similar to physical safe deposit boxes in bank and credit union vaults, but with online capabilities that include easy and accessible permission-based retrieval, said DigitalMailier. The product is equipped with initial strongbox storage sizes designed for individual and small businesses, but members and customers can purchase additional space.
Users can customize folders to aggregate documents and share them as necessary. For example, a member can retrieve a copy of a will via a smartphone while sitting at an attorney's office.
Northwest FCU, Herndon, Va., is the first financial institution to offer My Virtual StrongBox to its members, said DigitalMailer. The 110,000-member credit union has contracted for the service and has set up virtual strongboxes for all of its 68,000 electronic statement users.
NEW YORK (4/12/12)--Newtek Business Services Inc., The Small Business Authority, has introduced NewtPay Mobile, a product that allows consumers to use their smartphones or tablets as mobile credit card terminals.
Newtek Business Services Inc., The Small Business Authority is a CUNA Strategic Services provider.
NewtPay Mobile includes a free card reader with no setup, cancellation or monthly processing fees. It is pay as you go processing with rates starting at 1.69%.
The product works with Apple iOS, Blackberry and Android devices.