ITems: XP, eFunds Form Alliance

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XP Systems, a business unit of Fiserv, Inc., has completed an alliance with eFunds ID Verification Solutions that it said enables it to provide credit unions with an integrated, easy-to-use solution to help protect their members against increasing attempts at fraudulent activity and identification theft. XP Systems has integrated into its core platform eFunds' ID Verification and OFAC solutions, creating a "seamless application to assist credit unions in their efforts to fight money laundering and identity theft and comply with sections 326 and 314(a) of the USA PATRIOT Act as well as OFAC regulations," the company said.

For info: www.xpsystems.com.

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