A new integrated account opening and loan origination solution will be deployed by the $5.5 billion American Airlines Federal Credit Union in Fort Worth, Texas.
Texas-based credit union to deploy new account opening, loan origination tools across channels.
American Airlines Federal Credit Union has partnered with PolicyWorks to help ensure compliance with federal rules and regulations.
Despite the documented ability of smart chips to cut fraud losses, experts say some credit unions and CUSOs have not moved very quickly to start issuing credit and debit cards enabled with the higher tech chips.
American Airlines Federal Credit Union said recent convenience check campaigns were a success for the Texas-based CU.
In 2005, the $5.2 billion American Airlines Federal Credit Union was one of the last large-asset credit unions to start a card program. Now the five year old program has topped $100 million in assets.