With the higher demand for fast and secure wire transfers, more and more financial institutions are looking to streamline their internal processes. CUTEK’s WireFlow makes short work of wire transfers by supporting unlimited custom stages from the teller to the accounting department and offers role-based workflows.

WireFlow is the ideal solution for credit unions of any size to manage their high-volume, wire transaction environments that accept domestic and international wire transfers on a routine basis. WireFlow is fully integrated into the Jack Henry Symitar® platform and is easy to use for both your back-end and front-end users with a very flexible workflow for approvals.

WireFlow can be integrated with CUTEK’s Member Verify MFA solution to add a layer of security to the origination process, sending a one-time PIN (OTP) to authenticate the member.

Key Features:

• Automates incoming wire processing and supports outgoing wire origination
• Handles both domestic and international wires via the Fedwire® Funds Service
• Streamlined interface with role-based workflows and queues
• Supports recurring wires
• Full transaction handling, including funds availability holds
• Ability to originate wires directly from GL or member account
• Can be integrated with many online banking vendors to allow your members to securely submit new wire requests, saving your employees from having to re-enter wire details manually.
• Includes integration with CUTEK’s OFAC Screening module with no per-screening charges.
• No per-wire charges.

Benefits:

• Speed - quickly create or process wire transfers
• Security, workflow and privilege driven
• 24/7 accessibility, easily understood process from start to finish
• Admin interface with most configuration options available to your credit union without custom programming required.
• Allows your credit union to build in custom business rules and workflows, ensuring full compliance to internal procedures.