GET ENTERPRISE-WIDE DEPOSIT FRAUD PROTECTION

Deposit fraud is not only here to stay, it is a growing concern. Financial institutions are now losing $700 million a year to deposit fraud, and identity theft – just one type of deposit fraud – now ranks as the number one threat against financial institutions. Today's financial institutions must arm themselves with advanced tools to minimize losses and protect customers.

FraudLink Deposit is helping more than 100 banks worldwide stop deposit fraud before losses occur. The system utilizes an advanced method of comparing current account activity with bank-set rules, fraud trends and normal, established customer behaviors.

As a result, banks are avoiding large losses from deposit, new account and ATM deposit fraud, while protecting customers. The system is so effective that most banks can realize a return on their investment in six months or less. In addition, FraudLink Deposit quickly identifies account takeovers, often a factor in identity theft schemes.

Carreker provides complete implementation and support services to ensure that FraudLink Deposit is smoothly integrated into the bank's existing infrastructure. Complete training of your staff is also available.

BENEFITS

• Stops losses related to deposit fraud
• Minimizes losses from new account and ATM fraud
• Aids in identity fraud detection
• Provides a short-term return on investment
• Operates effectively in a multi-bank environment
• Offers an enterprise-wide evaluation of deposit fraud
• Provides flexibility to meet unique requirements: the bank chooses rules to utilize based on past deposit losses
• Allows the bank to monitor new accounts more closely and established accounts less frequently
  

For more information about this solution, download the brochure (PDF, top right). You can also contact Deirdre Millard at 770.422.1629 or complete our Information Request Form.