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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 NICE Actimize X-Sight?

NICE Actimize X-Sight is an enterprise-grade financial crime platform designed to deliver limitless scale and flexibility. Built on cloud technology, it enables organizations to ingest, manage, and analyze vast volumes of data from any source. The platform extends Actimize’s financial crime capabilities with advanced analytics and intelligent automation. X-Sight supports a proactive approach to risk management by identifying threats earlier and more accurately. A unified entity risk framework provides a single profile and trust score across all customer interactions. This consolidated view helps reduce false positives and improve operational efficiency. X-Sight AI offers multiple analytics deployment options, including managed services and bring-your-own models. Open AI capabilities allow analytics to be developed, optimized, and deployed faster. The X-Sight Marketplace expands functionality through a broad ecosystem of financial crime and compliance partners. Built-in compliance tools help organizations meet regulatory and reporting obligations with confidence. The platform is designed to scale globally while maintaining cost control. X-Sight enables enterprises to fight financial crime more effectively while delivering safer, smarter customer experiences.

Media

Media

Integrations Supported

BehavioSec
FIS Digital One
Fiserv
Jack Henry Loan Origination
NICE Actimize Xceed AI FRAML
Policy Manager
ethosIQ Customer Engagement Platform

Integrations Supported

BehavioSec
FIS Digital One
Fiserv
Jack Henry Loan Origination
NICE Actimize Xceed AI FRAML
Policy Manager
ethosIQ Customer Engagement Platform

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

NICE Actimize

Date Founded

1999

Company Location

United States

Company Website

www.niceactimize.com

Categories and Features

Categories and Features

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

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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