Fraud Prevention Solution
Check fraud continues to be one of the most significant drivers of fraud losses at banks in many countries. 75% of check fraud occurs at the teller window, yet most of these losses are preventable. Banks need to accurately predict whether deposit behavior is risky, so they can set effective funds-availability strategies and stop check fraud in real time, without impacting the experience of legitimate customers.
Balance Mobile RDC Fraud
Prevention and Meet Growing
Customer Expectations Point of View
Check Fraud Manager from Fiserv provides real-time detection of check fraud, enabling you to safely accept mobile deposits and stop fraud at the teller window by declining or holding checks on the spot. Using a pattern recognition model, built and trained with more than 455 million real checks, Check Fraud Manager can reduce false positives by up to 50%.