Unit21 and Corelation link fraud cases to KeyStone core actions

Unit21 and Corelation, the core processing provider behind KeyStone, have joined forces to give credit unions on KeyStone one environment to detect, investigate, act on and report fraud and AML risk, according to a RegTech Analyst article dated Oct. 15.1

Until now, credit union staff have often spotted suspicious activity in one tool, then had to sign in to the core system separately, search for the member a second time and manually re-enter account details, RegTech Analyst reported.1 Under the new setup, analysts respond inside the case through Corelation's KeyBridge API, and the audit trail is generated as soon as the analyst intervenes, according to the report.1

Corelation provides a dedicated Unit21 AML Extract that each credit union's administrator or data team sets up in its own KeyStone environment; after an initial historical load, it pushes incremental updates on entities, joint account holders, accounts, cards and transactions roughly every five minutes.1

Unit21 applies the credit union's self-service rules and AI Agents to the KeyStone data and returns any required actions to KeyStone via the KeyBridge API, according to RegTech Analyst.1

Credit unions may also link their digital banking platform to Unit21 to support real-time decisions on logins, profile changes and payments.1

Corelation serves over 300 credit union clients, and Unit21 will attend and sponsor the Corelation Executive Forum in Chula Vista, California, next week; the source did not give pricing or terms.1