Mitigate deposit risk with this predictive check fraud solution

With a surge in check fraud nationwide, financial institutions need a reliable tool to identify such risk in real time to deal more effectively with questionable check items. This flyer reveals how Real-Time Loss Alert (RTLA), offered by Fiserv in partnership with VALID Systems, addresses this need by predicting the likelihood of an account chargeoff at the time an item is deposited.

RTLA offers:

• Loss reduction: Dramatically lowers check deposit losses
• Operational efficiency: Streamlines risk mitigation processes and optimizes team output
• A better customer experience: Minimizes unnecessary holds and improves depositor satisfaction