ChekAlert - fraud detection
ChekAlert notifies branches when an account
is suspect. ChekAlert closes the feedback loop between the corporate
fraud department discovering a questionable account, and the branches
unquestioningly accepting an item on the same ABA/account.
With ChekAlert enabled, a central ALERT database
is maintained at the central office of suspect ABA/Account combinations.
When corporate fraud identifies an account as suspect, the account
and ABA number are entered into the ALERT database on the SQL
server. The central office can then notify all ChekScan workstations
via an Instant Messenger to update local ALERT tables. Thus, if
one check is entered into the system and determined to be stolen
or otherwise suspicious, all branches can be notified.
The next time a check is scanned by a
teller, the ABA/Account is cross-checked with the ALERT database.
If a check is presented that is in the ALERT database, the teller
is immediately notified.
This information is transmitted to branches
as soon as possible, based on the ability of the central server/administrator
programs to contact the branches. If the information is in real
time, and a match is found, an ALERT is immediately raised to
the teller, who responds according to policy. Additional policies/crosschecks
may be appropriate.
Return to ChekScan Pro features
Contact us for more information.