CU*Answers, the 100% credit union-owned core processing CUSO, is anticipating in excess of 50,000 pulls in the upcoming year with one of its newest integrations with ChexSystem’s Qualifile™ solution. This comprehensive solution helps credit unions automate and streamline processes that detect and prevent new types of fraudulent activity, track and maintain regulatory updates and manage risk levels. Credit unions can join over 9,000 other financial institutions utilizing this powerful risk management tool with a single sign on through their platform CU*BASE®.
This integration represents another key relationship CU*Answers has secured in the industry that will assist credit unions in assessing risk associated with new memberships, potential fraud, and provide cross selling opportunities. Each credit union is able to customize a unique program with CU*BASE providing access to the report including an audit trail of the inquiry and results.
CU*Answers continues to seek out partnerships that offer tools for credit unions to optimize procedures and streamline day to day processes while minimizing risk. This integration allows credit unions to join over 100,000 locations nationwide using the Qualifile Solution.