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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 SEON?

SEON offers a comprehensive view of every interaction, transaction, order, account, and opportunity. Prevent fraud before it occurs with unmatched speed, scale, and depth, utilizing a unique blend of real-time open data from digital and social media, phone, email, IP, and device lookups. This approach ensures high accuracy while providing a clear understanding of what constitutes a real person in today's digital landscape. With intelligent risk scoring powered by AI and machine learning, SEON adapts to the specific risk evaluation methods of different businesses, giving you complete visibility and control over AI-driven decisions. By trying SEON, you engage in a low-risk, high-reward strategy that enhances your fraud prevention capabilities, including robust Anti-Money Laundering (AML) measures. Make it exceptionally challenging for fraudsters to succeed. Identify fraud patterns while simultaneously uncovering potential revenue opportunities, ensuring your business remains secure and profitable.

Media

Media

Integrations Supported

FIS Digital One
Fiserv
Jack Henry Loan Origination

Integrations Supported

Decisimo
Fintech Market
Slack
Zapier

API Availability

Has API

API Availability

Has API

Pricing Information

Pricing not provided

Pricing Information

€599
Starter account:
-10 Users
-50 Custom Rules
-1000 API calls / month
-10 Queries / sec
-Email support (response within 24 hours)
-API integration
Free Version
Free Trial Offered?

Supported Platforms

SaaS

Supported Platforms

SaaS

Customer Service / Support

Standard Support
Web-Based Support

Customer Service / Support

Standard Support
24 Hour Support
Web-Based Support

Training Options

Documentation Hub
Webinars
Online Training

Training Options

Documentation Hub
Webinars
Online 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

SEON

Date Founded

2017

Company Location

Hungary

Company Website

seon.io

Categories and Features

Check Fraud

Not specified

Categories and Features

AML

Identity Verification
PEP Screening
Risk Assessment
Transaction Monitoring

Check Fraud

Not specified

Crypto Compliance

Not specified

Device Fingerprinting

Not specified

Fraud Detection

Custom Fraud Parameters
For Banking
For Crypto
For Insurance Industry
For eCommerce
Transaction Approval

Identity Verification

Not specified

KYC

Not specified

Phone Verification

Not specified

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