Skip to main content

CheckAlt a NCOFCU Supporter!


Maps Credit Union’s CUSO CU Wireless Collaborates with Industry Partners CheckAlt and iParse to Provide Mobile Deposit Capture to Oregonians Credit Union

SALEM, Ore. — Members of one credit union have access to one more time and money saving tool, thanks to the partnership between three innovative financial services companies. CU Wireless, CheckAlt and iParse to create a mobile deposit capture product that integrates seamlessly into Oregonians Credit Union’s existing mobile app and provides more accurate image capturing than other mobile deposit products.

This mobile deposit capture product allows members of Oregonians CU to use their mobile phones to deposit checks. iParse’s innovative technology automatically captures, analyzes and converts the image right on the hand set, eliminating the need for the end user to snap multiple pictures because of image quality issues. Sam Launius, executive vice president at Oregonians CU, said, “iParse has been an exceptional partner for our mobile banking needs. We were ecstatic when iParse had the mobile deposit feature available, and that it blends seamlessly with our existing app.” <<READ MORE>>


Asher Ehrman
VP, Sales
Checkalt LLC

5670 Wilshire Boulevard | Suite 1530 | Los Angeles, CA 90036
Office: 310.417.1894 | Fax:310.492.9361

Comments

Popular posts from this blog

Why Avoiding "I" in Marketing Presentations Matters

  Grant Sheehan, CCUE | CCUP | CEO NCOFCU  You know how things just stick with you? Well, many years ago, my marketing professor started off his class with the following, and it has never left me.  The Power of Perspective: Why Avoiding "I" in Marketing Presentations Matters In the world of marketing, effective communication is paramount. One valuable piece of advice that often comes from experienced instructors and industry veterans is the importance of avoiding the use of the word “I” in presentations and reports. At first glance, this may seem counterintuitive; after all, many individuals feel that personal anecdotes and experiences can enhance a message. However, upon deeper reflection, the reasoning behind this approach reveals itself as essential for achieving impactful communication. Building Objectivity When marketing professionals present their findings or insights, it’s important to establish credibility. Utilizing data, surveys, and feedback from cu...

Letter to Federal Credit Unions (25-FCU-02) Federal Credit Union Post-Examination Survey

    Letter to Federal Credit Unions (25-FCU-02) Federal Credit Union Post-Examination Survey Dear Boards of Directors and Chief Executive Officers: The NCUA has been using a voluntary post-examination survey for examinations of federal credit unions since 2021. This feedback is very important and helps the NCUA evaluate our examination processes; credit unions have used the open-ended questions to submit numerous useful suggestions. To further improve the survey process, the NCUA has arranged to have the post-examination survey administered by an external vendor. The external vendor will begin administering the survey starti...

Open Banking To Hit $94B By 2029—But U.S. Lags Amid Global Surge

NEW YORK—By 2029, open banking is projected to surge globally to a staggering $94.14 billion in value. Yet despite its rapid evolution and expanding global footprint, adoption remains uneven—hindered by inconsistent regulatory frameworks across countries. According to GlobalData, this disparity poses a key challenge for the sector’s success, with the U.S. notably trailing behind global peers in embracing open banking. The U.K. pioneered open banking and continues to be one of the leaders globally. The country has seen the number of users increasing, with there being 12.09 million active users of open banking in 2024 and 223.9 million payments made. This is an increase of 72% compared to the year before. “As open banking continues to flourish, it is positive to see that the Financial Conduct Authority (FCA) and Payment Systems Regulator (PSR) have outlined how open banking can expand further in the U.K., and also be used in variable recurring payments and e-commerce. With this move,...

Agencies Issue Exemption Order To Customer Identification Program (CIP) Requirements

WASHINGTON--The Federal Deposit Insurance Corporation, the Office of Comptroller of the Currency, and NCUA, with the concurrence of the Financial Crimes Enforcement Network, issued an order Friday granting an exemption from a requirement of the Customer Identification Program (CIP) Rule implementing Section 326 of the USA PATRIOT Act. The CIP Rule requires a bank or credit union to obtain taxpayer identification number (TIN) information from its customer before opening an account, and the exemption permits a bank or credit union to use an alternative collection method to obtain TIN information from a third-party rather than from the customer, the agencies stated in a joint release. The order applies to accounts at all entities supervised by the agencies. "Since the CIP Rule was issued initially in 2003, there has been a significant evolution in the ways consumers access financial services, along with a rise in reported customer reluctance to provide their full TIN due, in part, to...

Fresh First Quarter 5300 Data Is Live. How Do You Compare?

  CALLAHAN RESOURCE Fresh First Quarter Data Is Live. How Do You Compare? The latest NCUA call report data is out, and while you’ve been focused on day-to-day priorities, market shifts might be affecting how you reach your goals. That’s why credit union leaders are already benchmarking performance to spot trends and inform their next moves. Ready to join them? Schedule a free performance analysis session with Callahan to gain a clear view of where you stand. Schedule Now