GRAND RAPIDS, Mich.-CU*Answers said that for clients utilizing its CU*BASE processing system it has introduced an interface to Experian's Authentication Services (AS1) to help clients with Red Flag Compliance."Credit unions are able to complete AS1 verification as part of the CU*BASE workflow process at the point of account opening," the company said. "In the event a data element fails a specific test, the system will allow the user to update incorrect data and resubmit the request up to three times. Once the employee is satisfied with the data, the results are automatically recorded as an Audit Tracker record for permanent retention."
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