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What is Tungsten FraudOne?

Conventional methods for check clearing often focus on the legal limits and courtesy thresholds of check amounts, which typically leads to low-risk evaluations and the risk of false positives. However, Tungsten FraudOne's software revolutionizes counterfeit check detection through a cutting-edge fraud scoring engine that can be seamlessly combined with multiple verification tools, thereby enhancing the ability to uncover complex fraud schemes. By implementing flexible fraud detection tactics during both the capture and clearing phases, especially as the landscape of transaction methods like mobile deposits changes, companies can significantly optimize their operations. This advanced approach reduces the need for time-consuming manual reviews of false positives by efficiently distinguishing between suspicious and legitimate items. Additionally, it enhances customer confidence by offering protections against signature forgeries, alterations to checks, and fraudulent discrepancies. With greater accuracy in identifying potential threats, organizations can analyze a larger volume of suspicious checks in less time, allowing them to examine all checks rather than focusing solely on those of higher value. Consequently, this fosters a more streamlined and reliable check verification process, ultimately leading to enhanced financial security for businesses. In this evolving digital age, adopting such innovative solutions becomes essential for maintaining integrity in financial transactions.

What is RiskSeal?

RiskSeal is a cutting-edge SaaS platform that leverages artificial intelligence to assist online lenders in recognizing high-value customers, streamlining lending processes, and mitigating the risk of defaults. Through our Digital Credit Scoring System, lenders can effectively spot potential defaulters and fraudsters while simultaneously identifying promising clients via an analysis of their digital footprints. We develop comprehensive digital user profiles by scrutinizing various elements such as email, phone numbers, and IP addresses, drawing insights from over 400 distinct data points. When partnering with RiskSeal, online lending companies gain access to invaluable digital footprints, including insights from over 100 social networks that provide unparalleled understanding of their clientele. Additional benefits include data enrichment, where digital signals are converted into more than 300 customized datapoints to facilitate automated decision-making, and a trust engine that enhances onboarding processes through rigorous pre-KYC checks. Moreover, we offer an advanced risk score that incorporates name verification, providing an intuitive risk assessment across various categories to ensure informed lending decisions. Incorporating RiskSeal into your lending strategy equips you with the tools necessary to navigate the complexities of the digital lending landscape with confidence.

Media

Media

Integrations Supported

Additional information not provided

Integrations Supported

Additional information not provided

API Availability

Has API

API Availability

Has API

Pricing Information

Pricing not provided.
Free Trial Offered?
Free Version

Pricing Information

$499 per month
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

Tungsten Automation

Date Founded

1985

Company Location

United States

Company Website

www.tungstenautomation.com/products/fraudone

Company Facts

Organization Name

RiskSeal

Date Founded

2022

Company Location

Poland

Company Website

riskseal.io

Categories and Features

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

Categories and Features

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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