OKLAHOMA CITY – Communication FCU yesterday said it has signed with uMonitor to implement the company’s account opening and funding solution, uOpen and uFund.
The credit union will leverage uMonitor's reseller arrangement with Equifax to bundle Equifax Secure's eIDverifier, a remote authentication service, with the online account opening and funding service.
Communication FCU purchased eIDverifier directly from uMonitor with its uOpen & uFund in order to add identity verification and authentication capabilities into uMonitor's solution without separate integration or contract work on its part. This will result in faster deployment, cost savings and simplified billing, the company said. Communication FCU also will benefit from both companies' expertise in the areas of online account opening workflow design and process improvement, minimizing manual processing time and costs.
