July 21, 2003


Comments

 
 
 
  • Very Good! This service would definitely benefit credit unions that continue to experience growth and high demand for wire transfer services. I conducted research on P2P and A2A a few years ago. At that time, I recommended P2P as a way to improve service by giving members the freedom and access to their accounts at any time from any place. However, my thoughts changed after 9/11. Today, a business decision to implement an A2A product in our organization would get the thumbs up. However, this would be limited to domestic transactions. I would like to see transcontinental technology and connectivity improve and (additional) international clearinghouses emerge. In the mean time, we can still service our internationally based members with traditional wire transfer services.
    Anonymous
     
     
     
  • Very Good! This service would definitely benefit credit unions that continue to experience growth and high demand for wire transfer services. I conducted research on P2P and A2A a few years ago. At that time, I recommended P2P as a way to improve service by giving members the freedom and access to their accounts at any time from any place. However, my thoughts changed after 9/11. Today, a business decision to implement an A2A product in our organization would get the thumbs up. However, this would be limited to domestic transactions. I would like to see transcontinental technology and connectivity improve and (additional) international clearinghouses emerge. In the mean time, we can still service our internationally based members with traditional wire transfer services.
    Anonymous
     
     
     
  • With this feature, more CUs are also becoming originators and the risks involved should be pointed out. With appropriate education and risk management all CUs can be successful in A2A.
    Anonymous
     
     
     
  • In this day of electronic banking and its many conveniences, people have begun trusting transfering money on-line to pay bilss, purchase items etc. having the flexibility of keeping money in the account with the highest yield, yet be able to transfer to an account that charges the leaast for payment transactions may be the next logical step. Very interesting concept. The article points out critical issues.
    Anonymous
     
     
     
  • Very helpful
    Anonymous
     
     
     
  • A2A is a great service to offer.
    Anonymous
     
     
     
 
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