BancVue is now guaranteeing that its online account opening solution meets regulatory compliance, through a new partnership with Wolters Kluwer Financial Services.
The warranted compliance content is being delivered electronically through BancVue's INMO account opening solution, now in use at more than 400 financial institutions, including more than 100 credit unions, according to Austin, Texas-based BancVue.
The companies said the combined solution is the first of its kind and will ensure that credit unions keep up with compliance regulations as they change.
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"Community banks and credit unions need to be able to quickly and compliantly open deposit accounts online if they are to succeed in today's competitive financial services marketplace," said Gabriel Krajicek, chief executive officer of BancVue, a provider of online banking, marketing and consulting services to more than 1,300 community banks and credit unions.
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