With Check Fraud Manager from Fiserv, your financial institution can detect and stop 80 percent of check fraud while reducing false positives by 50 percent or more — all in real time.
Check fraud is more complex than ever, especially as banks launch moblie remote deposit capture (RDC), which allows consumers to deposit checks directly from their mobile devices and have funds instantly available.
This new-found speed appeals to today's tech-savvy consurmers. Unfortunately, it has attracted the attention of fraudsters as well, so much so that regulators have called for financial institutions to integrate appropriate controls. Old technologies no longer work in this new paradigm.Download