Friday, September 11, 2009

Open Solutions Takes Two-Factor to Teller Line

Open Solutions Inc. is now offering users of its flagship core technology systems a two-factor authentication system for use at the teller line.

Using the Veri-Fast solution, members swipe their ATM/debit card, enter their PIN number and once verified, the software instantly retrieves the relationship profile.

The company said that in addition to reducing fraud, Veri-Fast boosts service and efficiencies by automating the retrieval of accountholder files and eliminating teller keystrokes.

Veri-Fast is being offered to financial institutions that run on The Complete Credit Union and The Complete Banking Solution core applications and can be customized to integrate with other core platforms, the company said.

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