Reducing deposit fraud cases is an important goal at any credit union. At University Federal Credit Union, one incident in particular triggered the need for a new solution that would allow it to take a preventative approach against this common form of fraud.
As mobile banking has matured over the last year or so, new features such as P2P and apps make this feature a must-have for credit unions looking to attract new members of any age.
Credit unions definitely don’t want to spam their members, and they don’t want them to feel like they’re being sold something they don’t need.
A new account opening and lending solution from CRIF Lending Solutions is in place at 10 credit unions and integrates with LOANLINER.
CRIF Lending Solutions said it has now integrated its new ACTion solution with CUNA Mutual’s LOANLINER document Web service.