Loan Payment
The Importance of Secure Transactions for Loan Payments
Fraud, identity theft, and security breaches are significant concerns for most people. Financial institutions are particularly vulnerable to cyber-attacks, making it critical to protect the sensitive information and finances of your members. Your credit union holds abundant personal and sensitive data, so safeguarding your members’ loan payments and transaction information is essential.
As the cost of living continues to rise and student loan debt increases, it is crucial to provide secure and reliable solutions for loan payments via your credit union’s online banking portals and core system. By offering secure transaction options, you can assure your members that their information is protected and instill trust in your credit union. However, it is not enough for these solutions to be functional; they must also be modern and easy to use.
Secure and Convenient – Simplify Transactions for You and Your Members
Online loan payments allow members to make secure payments via credit or debit card from an external institution. This facilitates loan payments and boosts full and timely payments, leading to further investment opportunities for your credit union members. Online deposits allows members to transfer funds from their credit card or bank account into their checking or savings account, making it more convenient to manage their finances.
Online Payments and Deposits are secure and mobile, allowing members to make payments and deposits anytime, anywhere via your credit union’s online banking platform or mobile app. IMSI’s Loan Payment solution is fully integrated with Corelation’s KeyStone core, providing a comprehensive and tightly integrated solution for your credit union’s needs.
Contact us to learn more about our secure solutions for loan payments and transactions, designed to meet your credit union’s unique needs.
Schedule a demo today to see what our Loan Payment solution can do for you.