MILWAUKEE (9/9/08)--Metavante announced that it will re-sell Metavante Mobile Financial Services and provide mobile banking and payments solutions to Corporate Network eCom, a credit union service organization and a majority-owned subsidiary of U.S. Central. eCom provides electronic financial services to the Corporate Credit Union Network, serving about 8,400 credit unions. Metavante Mobile Financial Services is powered by Monitise Americas, a mobile banking services and payment provider. eCom offers Metavante Mobile Financial Services to U.S. Central’s 26 corporate credit unions. eCom offers mobile features, the ability to obtain account balances, bill payment and funds transfers. The services integrate into eCom’s MemberPay products. “Aligning with Metavante for bill pay, and now mobile financial services, directly supports eCom’s role as a payments aggregator,” said Marcie Haitema, executive vice president of correspondent services for U.S. Central and presiding manager of eCom. “eCom must offer the right combination of technology solutions for our members’ strategic markets going forward, such as Gen Y, the un- and under-banked and small businesses. We believe mobile will be the key to success in those markets.” Metavante hopes to offer future services, including access to mini-statements showing account activity, text messages informing members of account balances and the option of making expedited payments. Metavante, based in Milwaukee, delivers banking and payments technologies to more than 8,000 services firms worldwide.
DALLAS (9/9/08)--Financial Industry Computer Systems’ Mortgage Servicer and Commercial Servicer can now report directly to the Government National Mortgage Association (Ginnie Mae) through Ginnie Mae’s new Reporting and Feedback System (RFS). “The RFS reporting feature allows our customers to easily remain in compliance with Ginnie Mae without having to incur additional expenses to develop customized interfaces,” said Susan Graham, FICS president. RFS is being implemented under Ginnie’s Business Process Improvement initiative to streamline reporting processes. Ginnie Mae was created in 1968 to expand access to affordable housing opportunities by linking global capital markets to the nation’s housing markets. FICS provides technology solutions to the mortgage industry.