ORLANDO, Fla. Tue, 18 Nov 2008 - uMonitor, the innovative financial solution services provider for banking customer acquisition and retention, announced at the BAI Retail Delivery Conference & Expo that it will offer three diverse deployment options for its online account opening and funding solution, uOpen & uFund™. The new release of Go-to-Market Solution (GS), the Plus Solution (PS), and the Total Solution (TS) give financial institutions the flexibility to implement the solution that works best for their business strategy.(Read More)

MEMPHIS, Tenn. & BURLINGTON, Mass, Oct, 14 2008 - uMonitor, the innovative financial solution services provider for banking customer acquisition and retention, and MoneyAisle, a live online auction marketplace where banks competitively bid for customers, today announced a strategic partnership to enable customers to open new accounts with maximum interest rates.(Read More)

MEMPHIS, Tenn., Aug. 22, 2008 – uMonitor, the innovative financial solution services provider for banking customer acquisition and retention, today announced that it ranked in the top quarter of the 2008 Inc. 5,000 list. The company’s 304.7 percent revenue growth from 2004 to 2007 earned it. (Read More)

MINNEAPOLIS – June 17, 2008 – Wolters Kluwer Financial Services and uMonitor announced today that the companies will integrate Wolters Kluwer Financial Services electronic lending, deposit and Individual Retirement Account (IRA) compliance documents into uMonitor’s uOpen & uFund™ account opening and funding service. (Read More)

MEMPHIS , Tenn., May 30, 2008 – uMonitor, the innovative financial solution services provider for banking customer acquisition and retention, has named Elaine B. Gieszler director of channel management. Gieszler will manage company’s strategic partnerships to support the growing demand for uMonitor services and further increase the solutions’ availability via channel programs. In addition, she will support the channel partners’ sales teams to help them meet their goals and objectives. (Read More)

MEMPHIS , Tenn. , May 28, 2008 – uMonitor, the innovative financial solution services provider for banking customer acquisition and retention, announced that it was recognized by the Memphis Business Journal as a recipient of one of its 28 th Annual Small Business Awards. The company competed with 19 other finalists in four categories selected from over 100 nominations that recognized the achievements of businesses and executives throughout the Mid-South. (Read More)

GLASTONBURY, Conn. and MEMPHIS, Tenn., March 25, 2008 -- Open Solutions, an industry leading innovator and provider of integrated, enterprise-wide data processing technologies for banks and credit unions throughout the United States, Canada and other international markets, and uMonitor, the innovative financial solution services provider for banking customer acquisition and retention, today announced a partnership to integrate their services to facilitate online account opening and offer enhanced online banking services for both banks and credit unions. (Read More)

WASHINGTON – March 3, 2008 – uMonitor, the innovative financial solution services provider for banking customer acquisition and retention, announced at the CUNA Government Affairs Conference that FAIRWINDS Credit Union, First Credit Union and KeyPoint Credit Union have selected the company’s uOpen & uFund™, an online account opening and funding service. (Read More)

ATLANTA, Jan. 30, 2008 - William Mills Agency, the leading public relations agency serving the financial services industry, has been chosen by uMonitor, a financial solution services provider for banking customer acquisition and retention, to lead public relations efforts and increase brand recognition in the financial industry. (Read More)

MEMPHIS, Tenn. – Jan. 28, 2008 – uMonitor, the innovative financial solution services provider for banking customer acquisition and retention, today announced that it has entered into a sales referral agreement with NCR Corp.. Under the agreement, NCR will offer two of uMonitor’s online applications as part of NCR’s comprehensive Internet banking solution. These uMonitor applications include uOpen & uFund™, an online account opening and funding solution and uSwitch™, an online switch kit. (Read More)

MEMPHIS, Tenn., Jan. 16, 2008 - uMonitor, the innovative financial solution services provider for banking customer acquisition and retention, today announced that it has teamed with Equifax Inc. (NYSE: EFX) to help banks and credit unions improve existing account opening practices and expand online channels. Financial institutions now can take advantage of a new interface that leverages Equifax’s risk decisioning technology and uMonitor’s uOpen and uFund™ online account opening and funding solutions. (Read More)

MEMPHIS, Tenn., Jan. 9, 2008 --(BUSINESS WIRE) uMonitor, the innovative financial solution services provider for banking customer acquisition and retention, today announced a 60 percent growth in revenue for 2007. In response to this, the company moved to a larger facility and increased the number of employees. Additionally, uMonitor has embarked on several new partnerships, along with upgrades to software, and the company has seen more demand for its technology services from financial institutions. (Read More)

(New York, N.Y. - 22 October 2007) - ACI Worldwide (NASDAQ: ACIW), a leading international provider of software for electronic payment systems, and Parsam Technologies, the provider of uMonitor financial services, today announced a partnership that will combine ACI's leading online banking products, ACI Enterprise Banker™ and ACI Enterprise Enrollments™, with uMonitor's uOpen & uFund™, the online account opening and funding solution, and uTransfer™, the account-to-account money transfer solution. (Read More)

ALBANY, NY. and Memphis, TN, March 22, 2007 - IA Systems, a provider of lending software and services for credit unions, banks and other financial institutions and Parsam Technologies the provider of uMonitor financial solutions are pleased to announce a strategic partnership. Now financial institutions can seamlessly integrate the creation of new accounts directly into the workflow of loan origination, enabling financial institutions to immediately offer lending products to new customers and members. (Read More)

Parsam Technologies, the pioneering provider of uMonitor financial technologies for banks and credit unions, announced today the latest Release 4.0 of its suite of products which includes Release 4.0 of Account Open and Fund service - uOpen™ and uFund™, Release 4.0 of Funds Transfer service - uTransfer™, Release 4.0 of premium Account Aggregation service - uView™ and Release 4.0 of uMonitor Analyzer for system administration - uAnalyze™. (Read More)

These days, the buzz word is SOA or Service Oriented Architecture. In simple words, SOA is a software architecture that makes use of loosely coupled software or services to support business requirements or processes. SOA is also defined as 'A set of components which can be invoked, and whose interface descriptions can be published and discovered'. In SOA different resources or software applications are made available as independent services which can be used to create new services without explicit knowledge of their underlying components or respective architecture. Several advantages of SOA for any company are:(Read More)

First Horizon National Corp. (NYSE: FHN), one of the nation's leading financial services companies, and Parsam Technologies, the provider of uMonitor financial services for online customer acquisition and retention, announced the deployment of a uMonitor powered solution to Open and Fund accounts online for First Horizon, First Tennessee and First Horizon Direct customers. (Read More)

Corillian Corp. (NASDAQ: CORI), the top provider of online banking, payment and security solutions to the financial services industry, and Parsam Technologies, the provider of uMonitor financial services for online customer acquisition and retention, today announced a partnership to combine Corillian’s leading online banking services with uMonitor online account opening and funding, funds transfer, premium account aggregation and other services.(Read More)

CUNA Mutual Group and Parsam Technologies announced a partnership agreement to provide better service to credit unions that use CUNA Mutual’s loanliner.com with the integration of Parsam’s uMonitor next generation New Account Opening and Funding Service.(Read More)

25,000 + new account applications processed using the uMonitor Certified interface with Summit’s Spectrum® Core processor.(Read More)

eCU Technologies, an automated financial service technology provider for credit unions, has reached an agreement with Parsam Technologies, the leading provider of uMonitor financial technologies, to provide credit unions with the industry-leading Account-to-Account (A2A) Funds Transfer Service (FTS) for their members. The uMonitor Funds Transfer Service will give credit unions the ability to improve operational efficiencies and serve their members better.(Read More)

Alabama Credit Union League and uMonitor Partner to Offer Extended Services to Members The Alabama Credit Union League (ACUL), a full service financial trade association that represents 176 credit unions and their 1.4 million members in Alabama, has partnered with Parsam Technologies, the leading provider of uMonitor financial technologies, to provide credit unions with the industry-leading New Account Application and Online Funding with Switch Kit solution, Account-to-Account (A2A) Funds Transfer Service (FTS), and Account Aggregation for their members.(Read More)

Memphis Area Teachers' Credit Union Expands Online Services with uMonitor Technologies Parsam Technologies, the leading provider of uMonitor financial technologies for credit unions and banks, announced today the launch of its industry-leading Account-to-Account (A2A) Funds Transfer Service (FTS) solution by Memphis Area Teachers' Credit Union, the second largest locally owned financial institution in the Mid-South.(Read More)

Addison Avenue Federal Credit Union Unveils New Account and Online Funding Service. Addison Avenue Federal Credit Union (Addison Avenue), a $1.7 billion credit union, headquartered in Palo Alto, California, together with Parsam Technologies, the leading provider of uMonitor financial technologies for credit unions and banks, announced today the launch of an industry-leading New Account Application and Online Funding service.(Read More)