Open Tech Solutions, uMonitor In Partnership

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Open Technology Solutions, LLC, a CUSO, said it has partnered with uMonitor to automate new member enrollment, cutting the time it takes to open new accounts from 40 minutes to around seven minutes.

The system automates such new account processes as background and credit checks, helping to reduce errors, time and creating a more positive new member experience.

The new system is scheduled for implementation later this year at Bellco CU and Bethpage FCU, the two founding members of the CUSO.

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