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16 blogs categorized as Technology & Finance

April 08, 2011
by Hostetler, Michael

Tips for protecting your important account information.

December 09, 2010
by Hostetler, Michael

In addition to adding ZashPay, a new person to person payment service, to our online BillPayer platform, you may notice several other enhancements that were added to BillPayer.

August 18, 2010

In a recent survey released by Fiserv, one of the largest Bill Payment processors in the nation, one of the largest deterrents to online bill payment usage is “understanding how it works”. So, I’ll answer that concern for Finance Center FCU members.Setting-up BillPayer involves jus...

July 29, 2010

Found this article and thought I should share.Just when you thought you'd seen it all, a new and particularly nasty form of Internet phishing, called tab-nabbing, poses a new identity theft threat to web users.Phishing happens when a scammer deceives you into giving away information about yourself, ...

February 03, 2010

Incredible! Given the amount of press that is given to Phishing, trojans, and other means of online banking fraud, you might expect that customers would be sensitive to account security issues.  It appears human nature overrides the considerations of security. What can we learn from t...

August 14, 2009

My daughter is almost prepared to move off to her first year at college. It has been interesting to watch her prepare for the event. Most of the summer was spent almost in denial that the move was coming. Now, when there are only a couple of weeks before move-in day, the activities are increasing. S...

July 07, 2009

Two weeks ago, during an all staff meeting Finance Center FCU was celebrating the NAFCU Federal Credit Union of the year award. To involve the staff in the celebration shirts were designed with an alteration to the Credit Union logo on the front and the NAFCU award logo proudly displayed on the back...

July 07, 2009

My daughter is almost prepared to move off to her first year at college. It has been interesting to watch her prepare for the event. Most of the summer was spent almost in denial that the move was coming. Now, when there are only a couple of weeks before move-in day, the activities are increasing. S...

June 10, 2009

In a letter to its financial institution partners, Microsoft (MS)announced that it will cease sales of Microsoft Money after June 30th, 2009. “With banks, brokerage firms and Web sites now providing a range of options for managing personal finances, the consumer need for Microsoft® Mo...

May 20, 2009

Below is an edited Alert we received from the Indiana Credit Union League (used with permission). These types of attacks succeed only when consumers provide the data the fraudsters are seeking.To:                 &n...

April 29, 2009

The features of the transfer options in Financial Center Online allow even complex transfer instructions to be managed by the member. Offered to all members by Finance Center, an Indianapolis Credit Union.A unique transfer offered by Financial Center Online is the Automated Distribution. This Accoun...

April 28, 2009

In a continuing series on money literacy, this post covers the basics of transfer functions.Once the notifications are established the next step in how to manage money is to setup and configure funds transfers. There are 3 basic transfer types. Manual transfers, Scheduled transfers, and Reoccurring ...

April 21, 2009

The first piece of this puzzle is determining what events and thresholds should trigger a notification. This notification will alert that action may be necessary in an account. Both balance and transaction thresholds should be used to monitor and manage account balances. Balance thresholds notify th...

April 21, 2009

With the proliferation of online banking, the question is no longer “Can I manage my account balances?” Now the question is “What is the best way to manage my account balances?” My short answer is: it depends on what your online system will allow.I have some experience with o...

April 06, 2009

Greg Schmeisser is the VP of Information Systems at the credit union. Greg joined Finance Center in 1996 and is responsible for all technological initiatives.Greg’s background includes 13 years of prior experience (programming, design, and management) in a small software company and a degree i...

March 20, 2009

It is tax season. For some of us the work is done, our taxes filed, and the refund is already in our checkbook. For others it is a chore we dread and put off until the last moment. I could not procrastinate this year, I have a senior with plans for college in the fall. That meant completing tax...

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