22 July 2018
Visit www.gemalto.com

Credit union network moves bill payers to Online Resources platform

30 May 2003  |  2624 views  |  0 Credit union network moves bill payers to Online Resources platform

Corporate Network eCom, the e-financial services subsidiary of US Central Credit Union, is migrating 53,000 bill payment users from more than 50 member firms to Online Resources' Quotien platform.

Corporate Network eCom provides e-commerce services to credit unions representing two million members and 1.2 million share-draft accounts. Collectively, these credit unions currently process approximately 415,000 bill payment transactions per month.

Online Resources says the conversion will result in an approximate 25 per cent increase in payments it processes.

Robert Amundson, Corporate Network eCom's COO and US Central's senior vice president, correspondent services, comments: "Online Resources is the right choice for the rapidly growing base of credit unions who use our Internet bill payment solutions."

Implementation of Online Resources' bill payment platform began in January 2003 and the conversion is expected to be completed by mid-June.

Comments: (0)

Comment on this story (membership required)

Finextra news in your inbox

For Finextra's free daily newsletter, breaking news flashes and weekly jobs board: sign up now

Related stories

Online bill payments may exceed $200 billion in 2003 - Nacha

Online bill payments may exceed $200 billion in 2003 - Nacha

27 May 2003  |  4864 views  |  0 comments

Related company news

 

Related blogs

Create a blog about this story (membership required)
Visit https://secure.vasco.comVisit iliad-solutions.com/Visit info.nice.com

Who is commenting?

Top topics

Most viewed Most shared
Calmejane quits Lloyds Bank to join SocGenCalmejane quits Lloyds Bank to join SocGen
13572 views comments | 6 tweets | 8 linkedin
Hong Kong plans September go-live for blockchain-based trade financeHong Kong plans September go-live for bloc...
11245 views comments | 9 tweets | 17 linkedin
Mastercard enlists Worldpay to push Vocalink's Pay by Bank appMastercard enlists Worldpay to push Vocali...
10113 views 19 comments | 15 tweets | 30 linkedin
IBM to test dollar-pegged 'stablecoin'IBM to test dollar-pegged 'stablecoin'
7448 views comments | 4 tweets | 14 linkedin
Bringing about new systems and faster payments globallyBringing about new systems and faster paym...
7267 views comments | 2 tweets | 7 linkedin

Featured job

Basic c Euro 120K, Variable Euro 120K - full ben...
Paris prefered London possible

Find your next job