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Advanced Fraud Solutions, Tru Treasury to fight deposit fraud

Friday 31 May 2024 14:55 CET | News

US-based Advanced Fraud Solutions (AFS) has entered a strategic partnership with Tru Treasury, a provider of treasury management solutions to introduce Positive Pay by AFS, an advanced fraud prevention platform.

 

The partnership allows Tru Treasury’s clients to access Positive Pay, a solution designed to protect account holders against check and ACH fraud. The platform enables different fraud prevention features, including image capture and analysis technology, Reverse Positive Pay, and rule-based ACH Positive Pay. 

 

More about the partnership between AFS and Tru Treasury

Through this partnership, the companies will enhance the level of security that meets the complexity of the fraud landscape and meet the increasing demands of modern financial institutions. By integrating Positive Pay by AFS with Tru Treasury’s services, financial institutions will have more capabilities to prevent deposit fraud and maintain a high level of security. As instances of deposit fraud and check fraud continue to rise despite the wide adoption of digital payments, financial institutions must deploy state-of-the-art mechanisms to stay ahead of fraudsters. Positive Pay by AFS is the right solution to prevent ACH fraud through rule-based ACH Positive Pay that can be easily customised to fit any financial institution’s risk profile. 

Moreover, the partnership between Tru Treasury and AFS will help financial institutions remain proactive and protect account holders from fraud attacks. 

 

US-based Advanced Fraud Solutions (AFS) has entered a strategic partnership with Tru Treasury, a provider of treasury management solutions to introduce Positive Pay by AFS, an advanced fraud prevention platform.


About the companies

Advanced Fraud Solutions serves around 1,000 financial institutions across the US and specialises in providing comprehensive solutions tailored to combat ever-evolving fraud threats. Its solutions are designed to fight and prevent ACH fraud, wire fraud, card fraud, and real-time deposit fraud. 

At the same time, US-based Tru Treasury offers a full range of cash management  solutions, including payables, integrated receivables, treasury risk assessment calculator, and fraud prevention. 

More: Link


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Keywords: partnership, fraud management, fraud detection, online fraud, fraud prevention, credit card fraud, payment fraud, ACH, bank transfer, transaction fraud, digital payments, financial institutions
Categories: Fraud & Financial Crime
Companies: Advanced Fraud Solutions, Tru Treasury
Countries: United States
This article is part of category

Fraud & Financial Crime

Advanced Fraud Solutions

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Tru Treasury

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