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SAN DIEGO – Symitar is now offering to credit unions the fraud detection and prevention solution for banks it purchased a few months ago. Texas Trust Credit Union, a $460 million institution in Grand Prairie, is the first CU to license Fraud Detective, the flagship product of Yellow Hammer Software. Jack Henry & Associates, Symitar’s parent company, bought Yellow Hammer in February. Fraud Detective is fully integrated with Symitar’s Episys core processing platform, allowing credit unions using it to identify potentially fraudulent transactions and accounts using automated detection tools. “Consistent with the more than 70 bank clients using Fraud Detective, we expect the savings generated by preventing fraud-related losses will enable our credit union clients to pay for the system soon after implementation,” says Jack Prim, CEO of Jack Henry & Associates.

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