Fraud Manager
Deposit
CORE™ Fraud Manager Deposit is Carreker’s
next generation solution designed
to provide advanced detection of
deposit or transit item fraud, Fraud
Manager Deposit leverages the robust
Fraud
Manager platform to offer
a more predictable, flexible and
efficient fraud detection tool for
existing FraudLink customers.
Fraud Manager Deposit leverages
the bank’s existing FraudLink
Deposit application and serves as
an upgrade path for existing FraudLink
clients. This allows clients
to maintain existing data input feeds
and infrastructure and optimize their
existing investment.
Fraud Manager Deposit delivers increased
detection precision, reduces false
positives and enables improved decision-making
by the bank through the use of analytical
models. Using existing transaction
data processed in FraudLink, it calculates
the probability of fraud providing
scored results that prioritize suspects
and more accurately detect fraud.
The models in Fraud Manager Deposit
can be coupled with bank-defined
rules using Fraud Manager’s
unique ability to configure specific
rules/ conditions. This helps
financial institutions adjust for
regional fraud schemes and internal
policies and achieve the most accurate
and efficient fraud detection available.
The workflow component allows for online
presentation of suspect transactions
at the account level. Analysts can
review suspect alert information, complementary
CIF data and (with system integration)
related images. If your organization
already has a workflow solution, Fraud
Manager can feed alert information
to this system.
KEY FEATURES
- Model and rules-based fraud
detection tool
- Standardized
analytical models that leverage existing
FraudLink data input feeds and infrastructure
to provide highly predictably scored
suspect alerts
- Workflow tool
for online suspect review and enhanced
productivity
- Scenario Center tool that allows
for the creation of customer defined
rules/ conditions that can be used
in conjunction with the model results
BENEFITS
- Reduces false/positives
through greater detection precision
- Flexibility
to prioritize suspect transactions
through scored results, which results
in the ability to investigate more
alerts without additional staff
- Enables
a central view and understanding
of behavior
- Eliminates
paper-based reports through online
suspect review
- Reduces
time required for fraud detection
- Improves
efficiency and productivity through
distribution of work based on priority,
staff skill level, score and more
- Deploying
the Fraud Manager platform for
Deposit opens the door to using
of Fraud Manager for additional
detection applications that can
leverage the same infrastructure
- Offers
progressive step towards Enterprise
Risk Management by deploying an
infrastructure that is extensible
to multiple payment types, data
inputs, and decisioning tools
- Offers
more flexibility to react to changing
fraud trends through the creation
of customized rules
For
information contact Dee Millard
at 770.422.1629 or complete our Information
Request Form. |
