SAN DIEGO–CU Revest, a Special Asset Management CUSO that has recovered millions of “uncollectable” consumer charge-offs and which is reportiing it has helped more than 4,000 “prior prime” members restore their borrowing privileges, said it is now offering flexible delinquency management support, contingency collection services, loss recovery with a guaranteed expense cap, and immediate or term-structured charge off portfolio purchase services to credit unions with assets of $200 million and above.
THE market
WEST PALM BEACH, Fla.—Gold Coast FCU has been selected as one of Elan’s 50 credit union credit card partners to participate in Elan’s Across the Country Charitable Giving program.
MILWAUKEE, Wis.– Corporate Central CU said it plans to launch a new member service platform in the Fall of this year called “Beastro” that is designed to be a user-friendly, open, and integrated correspondent services digital platform to further advance financial wellness for members and the people they serve.
SIOUX FALLS, S.D.–Levo Credit Union has selected the AI-powered credit decision platform from Scienaptic AI.
IRVINE, Calif.¾ Origence, a CU Direct brand, is reporting it delivered a record amount in credit union loans through its lending platforms in the first quarter of 2022.
BROOKFIELD, Wis.–Fiserv and the Clearing House said they have entered into a collaboration that will allow thousands of financial institutions to simplify and accelerate the enablement of real-time payments for consumers and businesses.
CARMEL, Ind. – Allied Solutions, a provider of insurance, lending, risk management, and data-enabled products, said it has entered into a strategic collaboration with Scienaptic AI, an AI-powered credit underwriting platform provider.
AUSTIN, Texas – Greater Texas|Aggieland Credit Union has launched a conversion of its core account processing system by implementing DNA® from Fiserv .
MADISON, Wis. – CUNA Mutual Group reported it will unify its businesses under a single brand, TruStage, in 2023.
HOUSTON – Dolphin Debit, the full-service ATM management company, said it has entered into a strategic partnership with Credit Union Services, Inc. (CUSI), the Service Corporation of the MD|DC Credit Union Association.