Symitar, Yellow Hammer Partner On Fraud

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Symitar, the subsidiary of Jack Henry & Associates, Inc., has entered into a partnership with Fraud Detective from Yellow Hammer Software. Grand Prairie, Texas-based Texas Trust Credit Union has beome the first CU to license Fraud Detective. Yellow Hammer Software was acquired by Jack Henry in February 2004 and a dominant provider of fraud detection solutions to banks in the U.S. "Yellow Hammer offers a suite of sophisticated, fully integrated software tools that effectively and efficiently reduce fraud related to checking and deposit transactions, kiting, and all methods of electronic payments," the company said.

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