INDIANAPOLIS (8/13/09)--Credit Union Center, in partnership with CO-OP Shared Branching, is offering CO-OP Mobile to its member credit unions. CO-OP Mobile allows credit union members to access their accounts with their mobile phones. Credit Union Center’s shared-branch network offers access to more than 3,700 credit unions nationwide. “There are no up-front costs for members of the shared-branching network,” said Chuck Barr, Credit Union Center senior division officer. “It’s a pay-as-you-go system. And a credit union can be up and running in 60 days.”
NORTH CANTON, Ohio (8/13/09)--ATM manufacturer Diebold announced it has envelope-free technology at its ATMs in all 50 states. Automating deposit transactions at the ATM without envelopes can reduce operating costs, Diebold said in a release. Diebold also offers a bulk-note acceptor and enhanced note acceptor that recognize bulk currency deposits of 50 or 100 mixed-denomination notes. The deposits are itemized note-by-note, and details can be printed on a receipt. The ability to accept bulk stacks of notes better serves business customers, who make about 15% of their deposits at ATMs. Deposit automation is one of the fastest-growing new technologies, according to Retail Banking Research. A recent survey of financial institutions in 26 countries indicated that the number of deposit automated ATMs grew to more than 96,000 in 2007 from 22,000 in 2003. That figure is expected to reach 687,000 by 2018. Diebold is headquartered in North Canton, Ohio.