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Check fraud mitigation capabilities

Question: 
What are some mitigation capabilities to focus on with check fraud on the rise?
Answer: 

Ensuring recognition engines are kept up to date and tuned appropriately for all types of checks is key. Fraud mitigation capabilities should address the uniqueness of images, including the ability to interrogate: image quality and image usability analysis, check stock validation, amount recognition mismatch, date, payee and payor name, check number, MICR code, and signature detection and verification.

Learn more about check and transaction fraud.

Vendor: 

Alogent provides proven, end-to-end check payment processing, digital, online, and mobile banking, and enterprise content and information management platforms to financial institutions. Our unique approach spans the complete transaction ecosystem —capturing and digitizing transaction data, exception tracking, and automating entire transaction and loan management workflows so that information is available across the enterprise.
www.alogent.com

marketing@alogent.com
+1-678-966-0844

First published on 08/27/2023

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