BEAVERTON, Ore. - A settlement between two major tech firms serving the financial sector came while Retail Delivery was being held. S1 Corporation and Corillian Corp announced that they reached an agreement to settle the patent infringement lawsuit brought by S1 against Corillian in March 2000. Under the terms of...

ONTARIO, Calif. - With the launch of its Cellular Digital Packet Data technology, CO-OP Network has tapped into wireless technology for ATM transaction processing. For consistent signal strength and availability, CDPD uses a dedicated path that is fixed to each assigned ATM. According to Gene Polito, CO-OP Network Executive Vice...

ANAHEIM, Calif. - Gemplus International S.A. announced at BAI that it has delivered 10 million of its Java Card technology-based GemXpresso smart cards to the financial services market. The firm said proliferation of Java Card technology has accelerated significantly in the last 18 months, most notably in the U.S. financial...

ALEXANDRIA, Va.-In July, the NCUA announced that it would be holding its first ever, public budget hearing, which was held November 1. The credit union community praised the hearing as a step toward more openness about the agency's budget, which is funded by federal credit unions and indirectly by federally...

Mike Welch's publisher's column of October 17th ("To sell or not to sell is the question"), was right on the money! I am glad to see credit unions encouraged to step back and look at the performance of their credit card business and consider the available strategic options. To assist...

What a difference one hour and 45 minutes makes. On September 11, in just one hour and 45 minutes, a nation was left stunned, bruised and forever changed. A president proved himself a leader, a controversial New York Mayor grew beloved as he galvanized a city into action, everyday people...

BIRMINGHAM, Ala. - The Alabama Credit Union League's Board of Directors recently approved an additional $50,000 investment with iCUNow's call center lending services for credit unions. The action was among several the board took during a recent meeting to review the league's 2002 operating budget and to assess what steps...

SAN DIMAS, Calif. - Late in the year Credit Union Times broke a story about WesCorp presenting a consolidation offer to PacCorp (Hawaii's corporate). PacCorp's CEO and chairman shot down the offer. WesCorp said it has been urged by some Hawaii CUs to develop a local presence in Hawaii to...