Alogent Shield:
Omni-Channel Check Fraud Mitigation
With fraudulent activity surging across all full- and self-service deposit channels, banks and credit unions must strengthen their risk mitigation strategy, but still be mindful of the user experience. Advanced technology can help decrease fraud, but requires a holistic, multi-faceted approach that combines best practices and cutting-edge capabilities. Embedded within Alogent's item processing suite of solutions, Alogent Shield's comprehensive check fraud mitigation features allow banks and credit unions the ability to detect risky transactions before they reach the back office, including: altered checks, check washing, money order fraud, counterfeit cashiers/official checks, account takeover, paycheck scams, lottery check scams, check kiting, and paperhanging. For those institutions looking to take their risk mitigation strategy even further, Alogent Shield+ offers the added protection of artificial intelligence and computer vision-based capabilities.
download an infographic: check fraud mitigation
Mitigate Check Fraud
Across All Deposit Channels
and Back Counter
Workflows
and Businesses
Learn More about Alogent Shield:
Omni-Channel Fraud Mitigation
Strengthen Your Risk Mitigation Strategy:
Account Holder Scoring Model
Leverage real-time image and data validations to strengthen your risk mitigation strategy with capabilities unique to Unify and build a complete account holder profile or related User Scoring Model. Based on banking history, unique deposit habits, industry lists like OFAC, and other business rules, use this score to streamline user experiences across all capture points. Implement auto-decisioning and treat transactions the same across full- and self-service deposit channels, mitigating fraud by detecting anomalies in transactions and behavior. The results: less friction for the user, and lower overhead and manual processing, as well as added levels of check fraud prevention for your institution.
Fight Check Fraud with Alogent
Alogent Shield encompasses the various transactions received and their corresponding processing rules that are configured by your financial institution. Identify risk faster and reduce fraud losses across all points of capture, from in-branch workflows to remote banking channels.
Alogent Shield+: AI-Based Capabilities
Alogent Shield+ enhances your financial institution's ability to identify potentially fraudulent checks and other transactions by combining Alogent’s built-in fraud mitigation capabilities with industry-leading third-party fraud detection solutions.
Learn more about Alogent Shield+