What is Advanced Fraud Solutions?
Advanced Fraud Solutions offers a comprehensive suite of fraud detection tools designed specifically for financial institutions like banks and credit unions. The platform leverages account-level data from a powerful consortium of thousands of institutions to provide real-time risk assessment for various payment methods.
By integrating with core banking systems, RDC platforms, and processors, the solutions give frontline teams actionable insights to make fast, confident decisions. The system helps reduce manual review efforts while preventing losses early in the transaction process, protecting both financial assets and institutional reputation.
Features
- TrueChecks: Real-time check fraud detection for counterfeit, duplicate, closed account, and NSF checks
- TrueACH: Account validation and ownership verification before ACH origination
- TrueWire: Account status and ownership verification for high-value wire transfers
- Positive Pay by AFS: Fraud protection for business accounts across checks, wires, and ACH
- TrueAccount: Real-time access to account status and ownership data for risk assessment
- Consortium-Powered Data: Leverages account-level data from thousands of financial institutions
- Real-Time Defense: Flags risky deposits and transactions before they clear
Use Cases
- Preventing check fraud including counterfeit and washed checks
- Validating account status before ACH transactions
- Screening wire transfers for fraud prevention
- Protecting business accounts from payment fraud
- Reducing manual review of suspicious transactions
- Complying with NACHA rules for ACH compliance
- Detecting fraudulent deposits across mobile, ATM, and ITM channels
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Advanced Fraud Solutions Uptime Monitor
Average Uptime
100%
Average Response Time
639.25 ms
