150 Financial Institutions Select Access Softek’s Open Financial Exchange (OFX) Server

150 Financial Institutions Select Access Softek’s Open Financial Exchange (OFX) Server

Berkeley, Calif., November 18, 2020 – Access Softek, Inc., an omnichannel digital banking platform provider, signed its 150th financial institution customer to its Open Financial Exchange (OFX) Server. OFX makes it possible for small and medium size financial institutions to connect directly with their small and medium business (SMB) customers and members who use Intuit’s QuickBooks.


Wealth Management for Credit Unions: What it is & What it Could Be

Wealth Management for Credit Unions: What it is & What it Could Be

Who are a credit unions’ most valuable members? Typically, it is those who hold multiple accounts, including savings, loans and investment accounts, as those are the members who have a strong relationship with the credit union and value it as their primary financial institution. Members who invest in a credit union are particularly important because they are also the most loyal.

Credential stuffing: What banks need to know

Credential stuffing: What banks need to know

Billions of usernames and passwords are available on the black market, and this number is only growing. In August, a new data breach was publicly reported every 4 hours. This has led to a rapid increase in the latest approach used by fraudsters to steal money from online banking accounts – credential stuffing.

DuTrac Community CU Selects Array of Access Softek Digital Banking Solutions

DuTrac Community CU Selects Array of Access Softek Digital Banking Solutions

Berkeley, Calif., October 27, 2020 – Access Softek, Inc., a digital banking platform provider, announced that Dubuque, Iowa-based DuTrac Community Credit Union ($840M in assets) will offer a wide array of the company’s digital banking solutions to its members.

 

Access Softek’s EasyVest Provides Socially Responsible Investing Portfolios

Access Softek’s EasyVest Provides Socially Responsible Investing Portfolios

Berkeley, Calif., October 15, 2020 – Access Softek, Inc., an omnichannel digital banking platform provider, announced that its EasyVest robo-advisor solution will now allow users to choose portfolios that promote environmental sustainability, social/corporate accountability and responsible governance (ESG), to align their investment strategy with personal beliefs.

 

Nearly Half of Consumers Would Consider Investing with Bank or Credit Union if Offered Integrated Investment Accounts

Nearly Half of Consumers Would Consider Investing with Bank or Credit Union if Offered Integrated Investment Accounts

Berkeley, Calif., September 15, 2020 – A survey from Access Softek, Inc., a digital banking platform provider, found that only eight percent of consumers have investment accounts through their bank or credit union. However, for the remaining group of respondents who had investment accounts elsewhere, 47% said they would consider switching to their bank or credit union if they offered integrated investment accounts.

League of Southeastern Credit Unions Affiliate, LEVERAGE, Signs Agreement to Resell Access Softek Products

League of Southeastern Credit Unions Affiliate, LEVERAGE, Signs Agreement to Resell Access Softek Products

Berkeley, Calif., September 8, 2020 – Access Softek, Inc., an omnichannel digital banking platform provider, has established a reseller agreement with LEVERAGE, the for-profit affiliate of the League of Southeastern Credit Unions (LSCU).

ONLY 10% OF CREDIT UNION MEMBERS ENCOURAGE THEIR CHILDREN TO JOIN

ONLY 10% OF CREDIT UNION MEMBERS ENCOURAGE THEIR CHILDREN TO JOIN

Berkeley, Calif., August 18, 2020 – Access Softek, Inc., a digital banking platform provider, surveyed more than 500 credit union members that have adult children in order to expand upon and further understand the results of its previous survey. These new findings present additional areas of opportunity for credit unions to create a strategic difference, especially among families.

Access Commercial Presents Growth Opportunity for Community FIs

Access Commercial Presents Growth Opportunity for Community FIs

Berkeley, Calif., August 13, 2020 – Access Softek, Inc., a digital banking platform provider, has announced its commercial banking platform, Access Commercial, enabling community financial institutions to maintain a presence in the $600 billion commercial banking market.

One in Five CU Members Anticipates Fewer Branch Visits Post-COVID

One in Five CU Members Anticipates Fewer Branch Visits Post-COVID

Berkeley, Calif., August 5, 2020 – Access Softek, Inc., a digital banking platform provider, surveyed more than 500 credit union members to better understand how the COVID-19 pandemic has affected their behavior toward and interactions with their credit union. The survey, conducted by Google Surveys between July 9, 2020 and July 13, 2020, found that more than 20% of members believe their visits to the branch will permanently decrease after the pandemic.