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Synergent partners with Verafin

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WESTBROOK, Maine (5/25/10)--Synergent, a subsidiary of the Maine Credit Union League, and Verafin, a CUNA Strategic Service provider, have signed a strategic alliance to reduce costs and the time credit unions need to deploy Synergent software. Synergent provides compliance, anti-money laundering and fraud detection software to credit unions. “Verafin will eliminate the manual work involved in reviewing core system reports by generating qualified suspicious activity and fraud alerts so credit unions have more time to focus on their members,” said Gary Glenn, Synergent senior vice president. Verafin offers credit unions customer risk scoring, suspicious activity detection, watch list scanning, case management, compliance reporting, record-keeping and vendor management. Synergent provides business and service solutions to credit unions in New England.