Fraud Detective® reduces risk and cost by improving the speed and accuracy of identifying payment fraud across payment channels. The solution integrates Day 1 detection capabilities, proven fraud controls, business rules, and advanced image analytics for early identification and resolution.
Day 1 Cross-Channel Detection – Regardless of whether the source is ACH, traditional check capture, image cash letters, merchant RDC, branch or ATM image deposits, image lockbox, or mobile channels, Fraud Detective intercepts fraud suspects early in the payment stream and resolves them prior to posting.
Real-time Inquiry – Fraud Detective further accelerates detection at the teller line by providing real-time inquiry for on-us items.
Proven Fraud Controls & Transaction Monitoring – Fraud Detective applies proven fraud controls and historical transaction data to detect account activities typically associated with kiting, account takeover, counterfeit or stolen documents, and other types of fraud.
Image Analytics – Image analytics expands Fraud Detective’s Day 1 detection capabilities to include key indicators of counterfeit, forged, or altered documents, including check stock validation and signature verification.
Mainframe-Based Fraud Product Elimination – Fraud Detective provides institutions with the opportunity to eliminate mainframe-based fraud products. In addition, it accelerates these capabilities into a pre-post environment for earlier detection and resolution.
Maximum protection with minimal manual intervention – Fraud Detective combines proven fraud controls, innovative image analytics, and powerful business rules with a cross-channel, Day 1 detection engine. The result is a comprehensive fraud detection solution that empowers banks to achieve the optimal balance between maximum protection and minimal manual intervention.
Learn more key advantages shared by all Detective Suite™ solutions.
- Protects your bank’s reputation and customer relationships
- Lowers loss-adjustment expenses
- Eliminates the support cost of legacy mainframe fraud systems
- Provides compliance with regulatory guidelines
- Decreases fraud losses
- Improves risk management with consolidated fraud and duplicate review