New Solutions Extend The Level of Theft Protection For Credit Unions, Their Employees, and Their Members.
Ontario, CA, March 20, 2012 --- Vero, a subsidiary of CU Direct Corporation, and providers of best in class identity recovery and vehicle aftermarket products and services for the credit union and automotive marketplaces, has announced a series of new identify theft solutions specifically for credit unions and their members.
Unveiled this week during the CUNA Governmental Affairs Conference (GAC) in Washington D.C., Vero’s new suite of solutions includes three products designed to provide credit unions, their employees and their members with extensive protection from identity theft and fraud. Vero’s solutions provide valuable new resources that enhance service offerings, improve member retention, and solve risk mitigation issues specific to Red Flag requirements.
The company’s ID Recovery Pros solution gives credit unions a valuable new cost-effective member product that protects members and their families from all forms of identity theft and fraud. The suite’s new IDProSelect solution provides credit unions with protection from data breaches and fraud, while also addressing risk management needs and providing complete recovery services from all forms of identity theft for members and employees. Vero’s VBiz product provides valuable business to business protection to help credit unions better serve their small business accounts, by proving them with protection against all types of data breach and fraud events.
Statistics reveal that individuals are more likely to have their identity stolen and used by thieves in ways that go well beyond just damaging credit. Credit unions now have an opportunity to offer the necessary added security that protects their members, as well as their own institutions from theft and fraud.
“Our goal is to provide credit unions with the most complete and comprehensive suite of identity theft solutions designed to help increase their value proposition to members, improve member cross-selling opportunities, and increase non-interest income and their bottom lines,” said Joe Annoreno, Vero’s CEO. “These new products and services will help credit unions address the ever growing concerns centered on identity theft and fraud, not only for their members but also for their staff and institution,” added Annoreno.
About Vero
Vero helps retail automotive businesses and credit unions significantly enhance their ancillary revenue streams and positively differentiate their value proposition in their respective industries. The company provides finance, insurance, and customer retention products and services that address key requirements of these industries with the most innovative, economical, and diversified solutions. For more information visit www.verocusolutions.com.
About CU Direct Corporation
Established in 1994, CU Direct Corporation is the credit union industry’s foremost provider of leading lending solutions. Parent to the CUDL, Lending Insights, Lending 360 , Vero and CUDL Retail brands, CU Direct Corp. offers a diverse, extensive library of products and services designed to help credit unions advance their lending programs and achieve overall portfolio success. For more information about CU Direct Corporation’s brands and full range of best-in-class lending products and services visit www.cudirect.com.