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BISMARCK, N.D.–North Dakota’s state regulator has sent a comment letter to NCUA in which he outlines ways in which the agency can correct what he sees as weaknesses in the current overhead transfer rate (OTR) methodology, which is used to determine funds transferred from the NCUSIF to NCUA’s operating budget to reflect the cost of examining state charters.

DULUTH, Ga. – CU Anytime, a provider of high availability management services to member credit unions, said it will upgrade its ATM management system to an integrated, powerful channel management software platform from NCR Corp. and INETCO.

BURLINGAME, Calif.– ComplianceEase,  a provider of automated compliance solutions, has launched ClosingXchange, a solution that enables lenders and settlement agents to maintain communications and exchange data securely and seamlessly, helping to assure compliance with the TILA-RESPA Integrated Disclosure (TRID) rule.

According to the company, ClosingXchange reduces risks by flagging fee changes throughout the lifecycle of a transaction and analyzing the impact of those adjustments based on changed circumstances. The solution can identify fee tolerance variances with valid changed circumstances before loans close. It works with ComplianceAnalyzer with TRID Monitor, the company’s online compliance management platform for real-time, integrated, loan-level auditing including pre-close and post-consummation reviews.

ComplianceEase said ClosingXchange can use Uniform Closing Dataset (UCD) XML data files as well as PDF documents to perform real-time analysis to reduce cycle time—eliminating manual “stare and compare” change detection.

ClosingXchange reduces manual data entry with integrated data delivery and leverages existing settlement agent production software for producing closing statements and data, so there is no need for a separate document generation portal. It further streamlines the process by automating post-closing, final document delivery, and document tracking,” the company said.

BROOKFIELD, Wis. – Fiserv announced that international humanitarian organization, CARE, will soon accept donations via the Popmoney personal payment service. 

MYSTIC, Conn. – Charter Oak is holding grand opening ceremonies here for its newest full-service branch in Mystic, which will be its 15th branch. 

Virginia Credit Union

Virginia Credit Union and awkward conversations.