CORVALLIS, Ore. – A variety of security solutions will be built into the new front-office application platform that Summit Information Systems plans to release later this year, the Fiserv core processing unit says. The Branch Suite front-office application will have integrated analytics capabilities from eFunds Corp. that will include solutions called ID Verification, Fraud Finder and QualiFile in the new member account processing tools, Summit says. The ChexSytems solution suite from eFunds will "provide Summit clients with tools to help them make timelier and more informed decisions about the risks and opportunities associated with a new member," according to Don White, Branch Suite product manager for Summit, provider of technology solutions to about 290 credit unions. He said the software tools will allow credit union staff to do such things as validate identification online, identify member applicants whose accounts have been closed for cause, identify and stop potential identity manipulation and fraud in new accounts and provide scores and decision-making models to help credit unions make consistent and profitable decisions.
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