"We’re really looking forward to this evening. The book is a short read that will spark good discussion," said Mark Walinske, CEO/President of CFC Technology. "This event is really an opportunity for like-minded banking professionals to enjoy a night of good food and great conversation."
Jen Y Comes to Town, the second book in CFC Technology’s Tale of Three Banks series, is written in the same playful children’s style as its predecessor. The new book introduces Jen Y, a small business owner looking for a bank that fits her Generation Y needs.
Though lighthearted in presentation, the book puts forth a serious message: technology is essential to the success of financial institutions working alongside Generation Y business clients.
To reserve your seat at the exclusive reading of Jen Y Comes to Town, contact Kimberlee Karr at kkarr@cfctechnology.com, or click here to register.
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Tek the Robot is in town, and he’s brought his friend Jen Y,
They’ll be in town on June 12, and they’re looking forward to saying, “Hi!”
Come and join us for dinner and drinks—it’s complimentary,
Plus, a reading of the book! It will truly be exemplary.
Seating is limited so don’t delay!
Reserve your spot right away!
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When a financial institution wants to add new merchants to its remote deposit capture program, the FI must make sure that it complies with FFIEC RDC compliance guidelines. During this webinar, CFC product manager, Jim Brummer, and RDC compliance expert, Tom Houston, discuss how to assess and manage merchant risk as well as establish compliant merchant agreements. Topics include…
FFIEC RDC Best Practices
Business RDC Underwriting Policies
Desirable/Undesirable/Prohibited Merchants
Annual Merchant Risk Assessment vs. Merchant Risk Self-Assessment
Merchant Security Guidelines
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"Our goal with this book was to educate the banking community about the rapidly changing demographics of small business clientele—and the new set of expectations accompanying this shift," said Mark Walinske, CEO and President of CFC Technology.
"Jen Y Comes to Town" is presented in the same colorful, hand-drawn style as its predecessor. Though lighthearted in presentation, the book puts forth a serious message: the next generation of business clients has arrived, and they know what they want. Technology is essential to the success of FIs working alongside Generation Y business clients.
The book features two main characters: a robot named Tek (who represents technology) and his friend "Jen Y," a young entrepreneur. Readers accompany Tek and Jen as they set out on a quest to find the perfect fit for Jen’s banking needs. After visiting the banks of Regressive Reginald, Complacent Carl, and Progressive Pete, readers are left with a clear sense of what Jen Y brings to the table as a business client—and what she expects in turn from her FI.
Generation Y business owners are one of the fastest-growing market segments for FIs today. Indeed, with the advent of mobile technologies, this generation is not necessarily tied to the bank up the street. Free from this past restraint, and aware of the value of their businesses, this next generation of entrepreneurs is looking to do business with institutions that are both technologically nimble and socially adept.
"These are digital natives—the first generation to grow up with computers," Walinske said. "But they’re also a social generation. How well you provide their favored technology and how you use it to communicate with them will determine your success in recruiting and retaining them as customers."
In response, progressive FIs are harnessing technology and increasing transparency in order to appeal to the Gen Y demographic. Time-saving online and virtual services such as remote deposit capture and mobile deposit are proving to be a natural fit for Generation Y’s tech-savvy ways and their desire for real-time updates.
"Jen Y Comes to Town" can be viewed for free via CFC Technology’s website and is available for purchase on Amazon.com.
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We are excited to announce the release of our second book in the Tale of Three Banks series, Jen Y Comes to Town!
Written in the same playful children’s style as A Tale of Three Banks, the new book introduces Tek’s life-long friend, Jen Y. She’s a small business owner looking for a bank that fits her Gen-Y needs. After visiting all of our favorite bankers, will she find a bank that offers everything she seeks?
Check out Jen Y Comes to Town online, or order your copy on amazon.com today!
Happy reading!
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“CFC Technology has done a nice job with their RDC Managed Services™ program in offering merchant remote deposit services to our credit union clients,” said Michelle Carlson, MnIPC Vice President. “Adding the Mobile Deposit® option to our interface allows us to assist our clients in offering affordable mobile capture services that will help them compete with larger, regional financial institutions.”
CFC’s Mobile Deposit® solution allows consumers and small business owners to deposit checks into to their checking or savings account via their smartphone. Users simply take a photo of the front and back of their checks and submit the deposit to their financial institution through a secure smartphone software application.
“We are pleased to offer Mobile Deposit® capture services to credit unions that utilize MnIPC’s check clearing services,” noted Jim Brummer, Product Manager at CFC Technology. “Mobile Deposit® strengthens our existing merchant remote deposit capture services with MnIPC and their member credit unions.”
Credit unions will benefit from Mobile Deposit’s® ability to reduce check transactions at the branch, strengthen existing member relationships and attract new deposit members.
About Minnesota Item Processing Corporation (MnIPC)
MnIPC is an independent processor serving financial institutions for more than 30 years. MnIPC provides a full suite of item processing services, as well as remote deposit capture, return item processing, online image access, and adjustment processing. With a strong dedication to financial institutions, MnIPC’s experienced staff provides unsurpassed customer service to their clients. For more information, visit www.mnipc.com.
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From the data we collected, we were better able to understand the business continuity planning landscape and improve our BCP software to better fit the needs of the industry.
Thank you so much for your input!
With the ever-expanding adoption of smartphones, more and more consumers are looking to easily connect with their favorite businesses. As a financial institution, you know the importance of engaging with your customers and retaining their business—it’s probably time to think about “going mobile.”
CFC Technology has teamed up with Malauzai Software, Inc., a leading provider of mobile banking technology, to bring you Mobile Banking 2.0. Their innovative software solution allows end users to do so much more than just check account balances and make transfers. It allows you, the financial institution, to tailor your mobile banking application to the needs of your customers and your institution.
]]>“Malauzai offers what contemporary mobile users are demanding,” said Mark Walinske, CEO and President of CFC Technology. “They [Malauzai] actually ‘get it’ when it comes to Mobile 2.0—unlike first generation mobile technology companies. Our customers will see the difference without much fanfare.”
“CFC has a great market presence,” said Tom Shen, CEO of Malauzai Software, Inc. “We like their ‘David beats Goliath’ approach to supporting their customers along with their concentration in certain segments that we believe we can grow together.”
Malauzai’s mobile banking technology goes beyond first generation banking apps that simply tie into online banking portals. The company’s second generation “SmartApps” link directly to the core system of a financial institution. By connecting directly with an FI’s core, the applications can be tailored by the FI to fit the needs of both business and consumer account holders with a variety of services including Bill Pay, Person to Person payments, Debit Card On/Off security, and Card Marketing Rewards programs.
CFC adds this technology solution to their RDC Managed Services™ program that currently includes remote deposit capture, remittance, lockbox, and mobile capture.
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