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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 Abrigo?

Our Advisory Services team is composed of seasoned professionals, including former C-suite executives from the banking sector, specialists in credit and risk, accountants, bank examiners, and BSA officers. With firsthand experience in similar roles, we are well-equipped to tackle the unique challenges your institution may encounter. Whether your priorities lie in managing portfolio risks, ensuring CECL compliance, addressing BSA/AML concerns, preventing fraud, or optimizing Asset/Liability management and deposit pricing, our knowledgeable team is committed to providing support in these vital areas. Working together, we can guide your institution towards enhanced profitability and sustainable growth. By collaborating with us, you gain a partner ready to help you navigate the intricate financial environment and achieve your organizational goals.

Media

Media

Integrations Supported

BAM+
Encapture
FIS Digital One
Fiserv
Jack Henry Loan Origination

Integrations Supported

BAM+
Encapture
FIS Digital One
Fiserv
Jack Henry Loan Origination

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

Abrigo

Date Founded

1998

Company Location

United States

Company Website

www.abrigo.com

Categories and Features

Categories and Features

Commercial Loan

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

Financial Risk Management

Compliance Management
Credit Risk Management
For Hedge Funds
Liquidity Analysis
Loan Portfolio Management
Market Risk Management
Operational Risk Management
Portfolio Management
Portfolio Modeling
Risk Analytics Benchmarks
Stress Tests
Value At Risk Calculation

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