GROTON, Conn. – Charter Oak FCU has signed with Aithent, Inc., to implement the company’s Fraud Manager, a Web-based solution for financial crime investigations.
Aithent said its Fraud Manager goes beyond automating the case management of financial crimes – it allows financial institutions to track activity across multiple types of fraud activity, including bad checks, credit/debit card fraud, bogus loan applications, wire fraud and money laundering using the single solution. By being a comprehensive case management solution, Aithent said Fraud Manager lets organizations proactively identify patterns and avoid improper payment of funds.
Charter Oak is a $700 million credit union chartered in 1939 as Groton Shipbuilders' FCU which serves employees of the Electric Boat submarine plant.
Aithent is based in New York.
