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CATALYST ANNOUNCES CLOUD COMPUTING
updated 10/18/13 03:25 PM
Plus IT Outsourcing Solutions
Catalyst Corporate FCU launched Catalyst Cloud Computing (C3), powered by Compushare, that will allow credit unions to move all of their local applications and processes to a secure, scalable, high-redundancy remote environment.

Other IT outsourcing solutions, including a suite of enterprise-class systems-management and security have also been added to serve credit unions that have limited outsourcing needs.

Catalyst Corporate selected Compushare, a leading provider of cloud-based technology, due to its knowledge of the financial services industry and proven commitment to security that will help simplify credit unions’ vendor management process.

“Compushare built its solutions from the ground up for the financial services industry, so the highest levels of security are applied across the board, including multi-factor authentication,” said Kathy Garner, president/CEO of Catalyst Corporate. “In addition, Compushare undergoes numerous third-party audits and has regulatory oversight from the Federal Financial Institutions Examination Council."

The C3 platform contains a library of financial applications, allowing credit unions to continue using the systems they have in place while seamlessly adopting state-of-the-art technology that has the necessary security, business continuity, and compliance built in. Unpredictable costs, resources, maintenance, integration, back up, and upgrades necessary to support an on-premise hardware infrastructure are also eliminated.

Credit unions interested in learning more about C3 should attend a special information session taking place at Catalyst Corporate’s Economic Forum on Oct. 22-23 in Frisco, TX.

For more information, please visit www.catalystcorp.org.

 
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CU DIRECT TO DONATE 20K TO CMN updated 12/16/14 11:03 AM
‘20 for 20’ Anniversary Campaign
CU Direct, the nation’s leading provider of lending, automotive, and strategic solutions for credit unions, is celebrating its 20th anniversary by holding a contest to donate $20,000 to one of the nation’s Children’s Miracle Network (CMN) hospitals.

NCUA MAY BE LIABLE FOR DATA BREACH updated 12/16/14 10:05 AM
Flash Drive with Member Info Lost
The National Credit Union Administration (NCUA) confirmed on Dec. 15 that a flash drive containing the personal information of Palm Springs FCU member was lost during a recent audit. The loss of data includes names, addresses, Social Security numbers, and account information.

PREPARE FOR HEALTH CARE REQUIREMENTS updated 12/16/14 09:42 AM
Also, Digital Media and Marketing
Federal health care law requirements, creating a quick digital message, and the marriage of innovation with marketing are all highlighted within the latest “Problem? Solved!” column in Credit Union Digest!

'IOLTA' BILL: A BIG WIN FOR MOVEMENT updated 12/15/14 10:36 AM
Two Credit Unions React
The Senate’s passage of H.R. 3468 on Thursday is big news for federally-insured credit unions in California and Nevada that serve attorney firms and other businesses, and could open the door to deepening current relationships and attracting new prospects.