CU Business Capital and Postilion ink reciprocal marketing deal

Source: CU Business Capital

CU Business Capital and Postilion, a leading global provider of software solutions for self-service banking and payment processing and a division of S1 Corporation (Nasdaq: SONE), have launched a joint sales and marketing effort to provide Postilion's Member Business Services solution in conjunction with CUBC's complete business services approach.

CUBC provides a comprehensive business services program to help credit unions grow business deposit accounts with solutions like remote deposit capture and loan services. With this new relationship, CUBC will jointly market Postilion's Member Business Services solution to its credit union prospects and partners. Postilion will recommend CUBC to credit unions that are looking for a CUSO to support a complete business services program.

"CUBC is extremely pleased to announce this new relationship with Postilion that will help our credit union partners compete in their market place for business deposits and fee income with an intuitive and easy-to-use Member Business Services solution for their business members," said Murray Halperin, Senior Vice President of Marketing & Business Development, for CUBC.

Postilion provides credit unions a comprehensive Member Business Services solution through the Internet that includes features and functionality that businesses can utilize to manage all aspects of their cash flow online, including bill payment, ACH origination and receipts, payroll services, wire transfers and funds transfers.

"We continue to focus on building momentum in the credit union market," said Pierre Naude, General Manager, Postilion Americas. "We are excited about the opportunity to work with CUBC to deliver their credit union partners a robust Member Business Services solution for online banking to further round out CUBC's business services program."

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