LAYTON, Utah –CUProdigy, a provider of cloud-based core data processing for credit unions, said it has partnered with Quatrro Processing Services to integrate Quatrro’s complete fraud detection and prevention suite directly into the CUProdigy core. The company said the tight level of fraud integration is unprecedented in the core processing space.
“By integrating directly into the CUProdigy core, Quattro will be able to analyze transactions in true real time, resulting in faster response times to any potential threat,” the company said. “Also thanks to this tight integration, when a threat is identified in one CUProdigy credit union, Quatrro will be able to instantly alert other participating CUProdigy credit unions.”
“We’ve always been committed to providing maximum value for our credit unions,” said CUProdigy Chief Product Officer Amber Harsin. “Because the Quatrro suite will monitor across all payment channels in real time, we can now offer our credit unions maximum fraud protection, too.”
“Real-time integration will allow us to respond faster, which in turn will allow credit unions to be more proactive in their fraud mitigation,” added Quatrro Processing Services President Sriram Natarajan. “This will give CUProdigy credit unions fraud prevention capabilities that rival or even exceed those of the largest banks.”
For info: www.cuprodigy.com.