Check Fraud Defender is a secure, cloud-hosted consortium that strengthens your existing fraud prevention and management solutions. Participating financial institutions leverage Check Fraud Defender's computer vision and AI to reduce fraud losses. By intelligently analyzing 18 distinct check attributes and comparing results to check profiles within our data consortium, Check Fraud Defender creates a shared truth database that helps improve accuracy of scoring and enables real-time decisioning.
Check Fraud Defender also uses proprietary image analysis to extract data from stolen checks, account screens, and identification documents sold on criminal channels to provide alerts of potentially compromised accounts.
Your key to back-office efficiency
Through proprietary visual inspection modeling, Check Fraud Defender helps decrease your operational costs without disrupting your current fraud prevention workflows. The platform itself requires very little integration effort, and your team can easily filter alerts and set business rules. This allows your institution to focus on the fraud that matters and helps your fraud teams to quickly triage flagged deposits and make decisions based on a high degree of available information, all through one centralized management console.
A better customer experience
Your customers trust your financial institution every day to ensure their accounts are kept secure. Give them the security they expect by ensuring your check fraud detection processes are best-in-class. Check Fraud Defender can detect forgeries often missed by other fraud tools or not detected until much later in the check clearing process, like forged signatures, legal and courtesy amounts, and recipient name. With terminal status feedback from all participating financial institutions, Check Fraud Defender flags future check deposits tied to stolen and fraudulent checks, at risk account data, and duplicate deposits.