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What is TrueChecks?

TrueChecks is a cutting-edge solution for detecting fraud, operated by a consortium that functions in real-time to identify fraudulent deposits at the moment they are presented. By leveraging the largest cooperative database in the industry, which encompasses account and item-level records from a variety of financial institutions collected over 15 years, it meticulously examines each check for signs of fraud. The platform integrates effortlessly via a secure web portal or RESTful APIs, ensuring compatibility with existing image-capture systems and core processors such as FIS, Jack Henry, and Fiserv, along with diverse mobile and ATM channels, thereby offering extensive protection across all platforms. Employing advanced methodologies in field detection, text classification, and interpretation, TrueChecks can detect numerous types of fraudulent checks, including counterfeits, duplicates, insufficient funds (NSF), closed accounts, and alterations, providing real-time alerts to tellers and back-office staff. Furthermore, its cloud-native architecture ensures remarkable scalability while necessitating minimal infrastructure investments, positioning it as a highly efficient and effective option for financial institutions. Consequently, organizations can significantly bolster their security protocols, thereby fostering greater confidence among their clientele. The ability to adapt quickly to emerging threats also enhances the platform's effectiveness in safeguarding financial transactions.

What is ARGO?

Are your losses from fraudulent activities surpassing your expectations? Is your capability to combat fraud not reaching the 95% effectiveness threshold? Are you facing financial difficulties at both the teller counters and through ATM operations? Are your check verification limits exceeding $500? Are you dedicating over 0.01% of your bank's assets to teams and systems focused on identifying potential fraud? Are you reviewing over 250 checks for each item that might be returned? It’s time to cease the waste of resources and funds; let us assist you in reducing false positives, false negatives, manual evaluations, and labor expenses. We offer an all-encompassing solution that addresses fraud in checks, ACH, ATM, wire transfers, and cash transactions. This complete fraud management framework includes compliance reporting, case management capabilities, and advanced fraud prevention features for financial transactions, effectively connecting financial institutions and healthcare providers with innovative technology that enhances both security and efficiency. By collaborating with us, you can not only strengthen your fraud prevention measures but also streamline your operational processes for better overall performance. Together, we can create a more secure financial environment, ensuring that your organization remains resilient against fraudulent threats.

Media

Media

Integrations Supported

AML Manager
AML Risk Manager
Corillian Online
Cycloid
FIS Digital One
Fiserv
Fiserv Engagement Advantage
Fiserv Fixed Assets for DNA
Fraud Risk Manager
Frontier Reconciliation
Harness
Jack Henry Loan Origination
Loader.io
Microsoft Azure
OneSpan Authentication Servers
OpsLevel
Parascript
Prologue Financials
SendGrid
VSoft Mobile Workforce

Integrations Supported

AML Manager
AML Risk Manager
Corillian Online
Cycloid
FIS Digital One
Fiserv
Fiserv Engagement Advantage
Fiserv Fixed Assets for DNA
Fraud Risk Manager
Frontier Reconciliation
Harness
Jack Henry Loan Origination
Loader.io
Microsoft Azure
OneSpan Authentication Servers
OpsLevel
Parascript
Prologue Financials
SendGrid
VSoft Mobile Workforce

API Availability

Has API

API Availability

Has API

Pricing Information

Pricing not provided.
Free Trial Offered?
Free Version

Pricing Information

Pricing not provided.
Free Trial Offered?
Free Version

Supported Platforms

SaaS
Android
iPhone
iPad
Windows
Mac
On-Prem
Chromebook
Linux

Supported Platforms

SaaS
Android
iPhone
iPad
Windows
Mac
On-Prem
Chromebook
Linux

Customer Service / Support

Standard Support
24 Hour Support
Web-Based Support

Customer Service / Support

Standard Support
24 Hour Support
Web-Based Support

Training Options

Documentation Hub
Webinars
Online Training
On-Site Training

Training Options

Documentation Hub
Webinars
Online Training
On-Site Training

Company Facts

Organization Name

Advanced Fraud Solutions

Date Founded

2007

Company Location

United States

Company Website

advancedfraudsolutions.com/solutions/truechecks/

Company Facts

Organization Name

ARGO

Date Founded

1980

Company Location

United States

Company Website

argodata.com

Categories and Features

Categories and Features

AML

Behavioral Analytics
Case Management
Compliance Reporting
Identity Verification
Investigation Management
PEP Screening
Risk Assessment
SARs
Transaction Monitoring
Watch List

Commercial Loan

Asset Management
Audit Trail
Complex Debt Structures
Dashboard
Document Management
Exposure Management
Lead Management
Pipeline Management
Risk Management
Trend Analysis

Fraud Detection

Access Security Management
Check Fraud Monitoring
Custom Fraud Parameters
For Banking
For Crypto
For Insurance Industry
For eCommerce
Internal Fraud Monitoring
Investigator Notes
Pattern Recognition
Transaction Approval

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