This copy is for your personal, non-commercial use only. To order presentation-ready copies for distribution to your colleagues, clients or customers, click the "Reprints" link at the top of any article.
From the January-20, 2010 issue of Credit Union Times Magazine • Subscribe!
Share One Endorses Verafin Solution
Share One said it now is recommending the antifraud and anti-money laundering solutions of Verafin to the Memphis, Tenn.-based core processing CUSO's client list of about 65 credit unions.
The Canadian company said its NewSolutions system automates risk scoring, detects suspicious activity, scans watch lists and facilitates compliance reporting, case management and vendor management.
"NewSolutions boasts a flexible, service-oriented architecture, facilitating a tight integration with third-party solutions. We have tested Verafin and the NewSolutions interface and are confident that our clients will be pleased with the efficient results." said Daryl Tanner, president/CEO of Share One.
Verafin is based in Newfoundland and serves more than 400 financial institutions across North America, the company said. It said its partnerships also include more than 40 endorsements by national and state associations.
Want the latest credit union news?
Sign up for our free newsletter today! All the breaking credit union news and information you need to make the right decision for your credit union delivered to your inbox. For free!
Thanks for subscribing, you will start receiving the Daily News Alert tomorrow!