To help its clients with their online banking due diligence requests, CU*Answers recently introduced SecuriKey, a tool that gives credit unions quick access to the answers they need for their due diligence requirements. SecuriKey helps credit unions with auditor requests by equipping credit unions with documentation that provides quick answers on security features of CU*Answers products. The first set of SecuriKey documents introduced to clients this summer related to CU*Answers online products: It’s Me 247 Online and Mobile Banking, Membership Opening Process (MOP), and Multiple Authentication Convenience Options (MACO).

Each SecuriKey document features a quick reference guide on the product of interest, an overview of key security features, and information on how to access additional information related to the product. CU*Answers Internal Auditor Patrick Sickels explained the major benefit of SecuriKey: “Compliance and security personnel in our network can quickly summarize the key security features to both executive management and their examiners.”

CU*Answers plans on introducing additional SecuriKey documentation as more online services are added. Sickels went on to say that SecuriKey is a collaborative effort and that new documentation will be based in part on client request: “We invite our clients to participate in the SecuriKey discussion and offer their input on what information is most valuable to them, and to lessen the friction for credit union due diligence requirements.”