Intellinx introduces check fraud solution

Friday 8 August 2014 00:11 CET | News

Intellinx, an enterprise fraud management provider, has made available its check fraud solution which provides fraud detection features.

The system tracks multiple indicators of suspicious activity across customer, account and check data and combines this information with internal and external user activity collected using Intellinx’s technology.

According to a recent study, almost 90% of financial professionals claimed to have experienced check fraud, and 82% of respondents reported that checks were the primary target for fraud according to the 2014 Payments Fraud and Control survey. An increase in mobile deposits and e-banking is making financial institutions more vulnerable. American Banker reported that 10% of people who used their cellphones to make a deposit had it returned to the originating institution due to fraud.

Intellinx, an enterprise fraud management provider, protects organizations from internal and external fraud and data theft. The Intellinx anti-fraud suite provides a set of solutions on one unified platform including enterprise alert and case management, employee fraud, web fraud, check fraud and others. Intellinx’s patented agent-less technology captures application data directly from the network.

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Keywords: Intellinx, check fraud solution, web fraud, online security, digital identity, e-banking
Categories: Fraud & Financial Crime
Countries: World
This article is part of category

Fraud & Financial Crime

Industry Events