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Soo Co-Op Credit Union Expands Relationship with MDT, Selects Jack Henry’s Banno

Retrieved on: 
Tuesday, September 12, 2023

Member Driven Technologies (MDT), a CUSO that hosts the Symitar core processing system from Jack Henry™to provide a private cloud alternative for core processing and IT needs, today shared that Soo Co-Op Credit Union has extended their relationship with MDT and also plans to go live with Jack Henry’s Banno.

Key Points: 
  • Member Driven Technologies (MDT), a CUSO that hosts the Symitar core processing system from Jack Henry™to provide a private cloud alternative for core processing and IT needs, today shared that Soo Co-Op Credit Union has extended their relationship with MDT and also plans to go live with Jack Henry’s Banno.
  • Soo Co-Op Credit Union has been live with MDT for nearly 15 years, during which time they’ve almost doubled in size.
  • This next phase of their relationship will maintain this growth focus while also prioritizing navigating the evolving fintech ecosystem and enhancing members’ digital experience.
  • With Banno, the credit union expects to deliver a more modern, robust digital journey for members across mobile and online banking.

Lynch Carpenter Investigates Alogent Data Breach

Retrieved on: 
Friday, September 1, 2023

The information potentially impacted in the breach includes individuals’ account and routing numbers, names, addresses, phone numbers, check payees, and remittance amounts.

Key Points: 
  • The information potentially impacted in the breach includes individuals’ account and routing numbers, names, addresses, phone numbers, check payees, and remittance amounts.
  • Lynch Carpenter, LLP is investigating claims against Alogent related to this data breach.
  • If you are a customer of Huntington Bank who has had a check processed by Alogent, you may be entitled to compensation.
  • If you have received a notification from Alogent that your information was impacted, please call Patrick Donathen at (412) 322-9243, email him at [email protected] , or fill out our contact form at www.lynchcarpenter.com/contact .

Alogent Eliminates Legacy Document Tracking and Streamlines Loan Management with its AccuAccount Platform at Mercantile Bank

Retrieved on: 
Wednesday, August 30, 2023

PEACHTREE CORNERS, Ga., Aug. 30, 2023 /PRNewswire-PRWeb/ -- Alogent (@AlogentCorp), a global software leader in the banking and financial services market, announced today that Mercantile Bank, $5.1 billion in assets, has implemented AccuAccount, its core-integrated document management software platform for loans and exception tracking. By simplifying loan management, including custom setups for each lending relationship and unique document structures – by customer, account, and/or account-type – the bank eliminated a legacy document tracking system and can now manage multiple collaterals for each loan.

Key Points: 
  • Alogent, a global software leader in the banking and financial services market, announced today that Mercantile Bank, $5.1 billion in assets, has implemented AccuAccount, its core-integrated document management software platform for loans and exception tracking.
  • By simplifying loan management, including custom setups for each lending relationship and unique document structures – by customer, account, and/or account-type – the bank eliminated a legacy document tracking system and can now manage multiple collaterals for each loan.
  • PEACHTREE CORNERS, Ga., Aug. 30, 2023 /PRNewswire-PRWeb/ -- Alogent (@AlogentCorp), a global software leader in the banking and financial services market, announced today that Mercantile Bank , $5.1 billion in assets, has implemented AccuAccount , its core-integrated document management software platform for loans and exception tracking.
  • By simplifying loan management, including custom setups for each lending relationship and unique document structures – by customer, account, and/or account-type – the bank eliminated a legacy document tracking system and can now manage multiple collaterals for each loan.

Alogent Unify Now Seamlessly Interfaces with Corelation KeyStone

Retrieved on: 
Tuesday, November 29, 2022

PEACHTREE CORNERS, Ga., Nov. 29, 2022 /PRNewswire-PRWeb/ -- Alogent(@AlogentCorp), a global banking and financial software leader, announced today that Unify now seamlessly interfaces with Corelation KeyStone, the only dedicated credit union core solution. Unify, Alogent's patent-pending image acquisition and processing platform, allows financial institutions to power all Day 1 and Day 2 payment channels with the same platform and just one API for a cost-effective use of resources, long-term scalability, and a consistent user journey.

Key Points: 
  • Alogent's patent-pending, open banking platform, Unify, brings the most modern payments processing capabilities to credit unions using the Corelation KeyStone core banking solution.
  • PEACHTREE CORNERS, Ga., Nov.29, 2022 /PRNewswire-PRWeb/ -- Alogent (@AlogentCorp), a global banking and financial software leader, announced today that Unify now seamlessly interfaces with Corelation KeyStone , the only dedicated credit union core solution.
  • "Extending our partnership with Corelation through this new interface brings credit unions using KeyStone seamless access to the entire Alogent suite of solutions, including payment processing, digital banking and enterprise content and information management."
  • Unify bridges a market gap by focusing on both user experience and a refreshed payments infrastructure.

OrboGraph Launches #OrboIntelligence Check Fraud Hub

Retrieved on: 
Thursday, November 17, 2022

The banking industry is experiencing a dramatic increase in check fraud attacks, affecting a wide range of customers and workflows. For example, the OrboGraph Check Fraud Blog reported the following BAI Research: 62% of banks indicated that third-party check fraud is their biggest issue, and 59% of banks indicated that first-party check fraud is their biggest issue. One of the major sources of check fraud is over 2,000 assaults and robberies of U.S. Postal Inspection Service carriers and mailboxes -- a 1300% increase.

Key Points: 
  • BILLERICA, Mass., Nov. 17, 2022 (GLOBE NEWSWIRE) -- OrboGraph, a premier supplier of check processing automation and fraud detection software and services, announced today the launch of the #OrboIntelligence Check Fraud Hub ( www.orbograph.com/orbointelligence-check-fraud-resources-hub/ ) - a dedicated microsite resource centralizing primary and secondary research, industry trends, and third-party reports in the field of check and payments fraud.
  • For example, the OrboGraph Check Fraud Blog reported the following BAI Research : 62% of banks indicated that third-party check fraud is their biggest issue, and 59% of banks indicated that first-party check fraud is their biggest issue.
  • As a leader in check fraud detection, OrboGraph is supporting the banking industry in fighting fraud by developing a resource hub for published information and data regarding check and payments fraud.
  • "During the OrboGraph Check Fraud Roundtable , we discovered a need to support our existing and prospective clients with a microsite consolidating fraud reports within the industry," stated Joseph J. Gregory, Chief Strategy Officer at OrboGraph.

Alogent's End-to-End Check and Payment Solutions Suite Streamlines Teller Capture, Remote Deposit, and Back-Office Processing at State Department Federal Credit Union

Retrieved on: 
Wednesday, November 2, 2022

PEACHTREE CORNERS, Ga., Nov. 2, 2022 /PRNewswire-PRWeb/ -- Alogent (@AlogentCorp), a global software leader for the banking and financial services market, announced today that State Department Federal Credit Union (SDFCU) has overhauled its item processing workflows with its comprehensive suite of enterprise check and payment processing solutions. Deployed in the Alogent Cloud, SDFCU benefits from a single, consolidated, and central deposits platform with maximum flexibility potential, combined with strategic automation across all points of capture that eliminate redundant procedures and reduce processing times from days to minutes.

Key Points: 
  • Alogent announced today that State Department Federal Credit Union (SDFCU) has overhauled its item processing workflows with its comprehensive suite of enterprise check and payment processing solutions.
  • PEACHTREE CORNERS, Ga., Nov. 2, 2022 /PRNewswire-PRWeb/ -- Alogent ( @AlogentCorp ), a global software leader for the banking and financial services market, announced today that State Department Federal Credit Union (SDFCU) has overhauled its item processing workflows with its comprehensive suite of enterprise check and payment processing solutions .
  • "Our partnership with State Department Federal Credit Union is focused on addressing these goals through cost- and time-savings solutions, and streamlined, consistent member experiences across all in-branch and remote channels."
  • State Department Federal Credit Union , with more than $2.4 billion in assets and chartered in 1935, has grown to more than 90,000 members worldwide, including those from Department of State and its affiliate Select Employee Groups.

Alogent Extends its Leadership in the Enterprise Content & Information Management Market for Financial Institutions with the Acquisition of AccuSystems

Retrieved on: 
Tuesday, October 11, 2022

PEACHTREE CORNERS, Ga., Oct. 11, 2022 /PRNewswire-PRWeb/ -- Alogent (alogent.com, @alogent-corp), a global software leader in the banking and financial services market, today announced the acquisition of AccuSystems, a leading provider of document imaging and tracking software that enhances compliance, workflow management, and business process automation for financial institutions. Welcoming AccuSystems to the Alogent family pairs two principals in the enterprise content and information management (ECM / EIM) market, strengthening its commitment to the industry and expanding the automation capabilities available to banks and credit unions of all asset sizes.

Key Points: 
  • Welcoming AccuSystems to the Alogent family pairs two principals in the enterprise content and information management (ECM / EIM) market, strengthening its commitment to the industry and expanding the automation capabilities available to banks and credit unions of all asset sizes.
  • "Having a single, centralized data and document management platform with easy-to-use insights is becoming a prerequisite for financial institutions," said Dede Wakefield, CEO of Alogent.
  • Alogent provides proven, end-to-end payment processing, content and information management, digital banking, and data analytics software solutions to financial institutions, including over 2,400 credit unions, community and regional banks, and some of the largest national and international institutions.
  • AccuSystems helps financial institutions reduce risk and increase efficiency with document management software.

ALOGIC Launches New Range of 4k Dual Display, Compact, Universal Docking Stations

Retrieved on: 
Tuesday, October 4, 2022

NEWARK, Calif., Oct. 04, 2022 (GLOBE NEWSWIRE) -- ALOGIC, the leading provider of connectivity, mobility, and end-user computing solutions for IT, enterprises, and consumers, announces the availability of its new, compact range of Laptop Docking Stations – CD2 and CH2, across the globe.

Key Points: 
  • Both the Universal Docks with either twin DisplayPort or HDMI Ports, enable connecting two external displays with up to 4K 60 Hz resolutions with 100W power passthrough.
  • The CD2 and CH2 compact, 4k Universal Docking Stations are designed to make every desk set-up more functional, flexible and productive, offering variety of ports to suit users connectivity requirements, he added.
  • For further information, visit: Alogic, CD2 4k Universal Docking Station and Alogic, CH2 4k Universal Docking Station
    ALOGIC has created a niche for itself providing state-of-the-art tech solutions for the ever-transforming and fast-paced end user computing space globally.
  • Headquartered in California, US, ALOGIC has presence across 28 countries globally and is committed to strategically growing its footprints at a sturdy pace.

ALOGIC Launches New Range of 4k Dual Display, Compact, Universal Docking Stations

Retrieved on: 
Monday, October 3, 2022

MELBOURNE, Australia, Oct. 04, 2022 (GLOBE NEWSWIRE) -- ALOGIC, the leading provider of connectivity, mobility, and end-user computing solutions for IT, enterprises, and consumers, announces the availability of its new, compact range of Laptop Docking Stations – CD2 and CH2, across the globe.

Key Points: 
  • Both the Universal Docks with either twin DisplayPort or HDMI Ports, enable connecting two external displays with up to 4K 60 Hz resolutions with 100W power passthrough.
  • The CD2 and CH2 compact, 4k Universal Docking Stations are designed to make every desk set-up more functional, flexible and productive, offering variety of ports to suit users connectivity requirements, he added.
  • For further information, visit: Alogic, CD2 4k Universal Docking Station and Alogic, CH2 4k Universal Docking Station
    ALOGIC has created a niche for itself providing state-of-the-art tech solutions for the ever-transforming and fast-paced end user computing space globally.
  • Headquartered in California, US, ALOGIC has presence across 28 countries globally and is committed to strategically growing its footprints at a sturdy pace.

Ohmium and Amp Energy India Collaborate on 400MW of Green Hydrogen

Retrieved on: 
Friday, September 30, 2022

FREMONT, Calif. and BENGALURU, India, Sept. 30, 2022 /PRNewswire/ -- Ohmium International, Inc., a green hydrogen company that designs, manufactures, and deploys PEM Electrolyzers, is collaborating with Amp Energy India Private Limited, a leading renewable energy IPP, to deploy 400 MW of green hydrogen projects. The deployments, aimed at mid-sized Commercial and Industrial (C&I) projects of 25MW or smaller, are planned to be installed over the next three years. Amp Energy India will utilize Ohmium's unique interlocking modular PEM electrolyzers which provide a safe, modular, flexible, easy-to-install and maintain, alternative to customized electrolyzers.

Key Points: 
  • FREMONT, Calif. and BENGALURU, India, Sept. 30, 2022 /PRNewswire/ -- Ohmium International , Inc., a green hydrogen company that designs, manufactures, and deploys PEM Electrolyzers, is collaborating with Amp Energy India Private Limited , a leading renewable energy IPP, to deploy 400 MW of green hydrogen projects.
  • We're excited to work with Amp Energy India, one of the India's most successful renewable energy companies, to bring green hydrogen solutions to the Commercial and Industrial sector in India," said Arne Ballantine, CEO of Ohmium International.
  • Green Hydrogen is quickly becoming a key component in India's renewable energy growth story and several industries are being incentivized to adopt Green Hydrogen.
  • Amp Energy India is also associated with the Amp Energy Group which has presence in key renewable markets such as US, Canada, India, Japan, Spain and Australia globally.