Detect Fraud | Reduce Losses | Build Trust
Stop Fraud Before It Happens
Check fraud is at an all-time high, driven by increasingly sophisticated tactics such as counterfeit checks, altered checks and forged signatures. Many community banks are vulnerable due to limited resources and staff dedicated to fraud prevention.
CSI’s check fraud solution instantly analyzes checks for signs of fraud, enabling your institution to respond immediately and prevent losses before they occur. Our solution uses advanced image analysis with proprietary image comparison technology to monitor 24 unique data points for each check, complementing existing fraud detection strategies and reducing operational costs.
Identify and Prevent Check Fraud
A proactive approach to check fraud powered by AI and computer vision technology will enable your bank to detect and prevent fraud before it impacts the bottom line. With real-time image analysis at the teller line and batch analysis for all other channels, your institution can move beyond traditional rule-based systems to quickly and efficiently fight fraud.
CSI’s fully integrated check fraud solution provides real-time alerts and actionable insight, allowing your institution to:
- Use image analysis at the teller line for real-time fraud prevention
- Reduce manual reviews and false positives with automated visual inspection
- Leverage continuous learning and case management workflow
- Deploy customizable risk scoring and business rules
- Take a deeper look at checks from all channels with image analysis and profile comparisons
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Minimize Your Financial Losses and Build Trust
Many institutions struggle to recover assets after a fraud attempt, so real-time detection helps you avoid the costly hassle of insurance claims and fraud recovery. Your institution can also prevent money from leaving a customer’s account with real-time fraud prevention at the teller line and catch fraud threats that are often missed, like forged signatures and receipt name.
CSI’s check fraud solution leverages precise image analysis with 24 scorable attributes to instantly detect and interrupt fraudulent transactions at the teller and provide comprehensive analysis for check deposits from all channels, including ATM, remote captures, in-clearings and mobile deposits.
In addition to the image analysis, checks are compared to those submitted to the check image consortium, which houses profiles of unique routing and account numbers that contain history of known good checks. Over 8,700 financial institutions participate in the consortium—including four top banks in the U.S.—allowing you to leverage over 30 million profiles to compare against and more easily detect changes to future checks.
Want to identify check fraud faster and stop losses before they occur? Contact us to find out how CSI will help you safeguard your institution against emerging fraud threats.