EDS aggregates financial services offerings for credit unions

EDS aggregates financial services offerings for credit unions

EDS has revamped its credit union Virtual Branch suite of electronic banking services, enabling clients to aggregate Web-based financial services from multiple suppliers into a single Internet site.

By clicking on secure links to third party suppliers, credit union members can instantly reorder cheques, view images of their cancelled cheques and complete other common financial services from a single Internet site instead of tracking multiple URLs, log-on IDs and passwords.

Approximately 350 US credit unions use Virtual Branch to give more than 400,000 credit union members more convenient access to financial services, including checking account balances and statements, paying bills and applying for loans virtually via the Internet and wireless technology.

Additional links in the pipeline include credit card account access, brokerage services and online statements.

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