CUTEK Develops Address Validation Server

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CUTEK, a financial technology consulting firm for credit unions using Symitar's Episys core processing systems, said it has developed an address validation server (AVS), dubbed Correio, that harnesses the power of the United States Postal Service database of every address in America to ensure that credit union's member information (addresses) remains as accurate as possible.

The product's real-time, multi-point integration into Symitar's Episys system allows credit unions to validate and standardize addresses at the point of entry to help reduce fraud, postal costs, and ensure that member address data is as accurate as possible," the company said.

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