Banks Continue Challenge With Check Fraud Detection and Remote Deposit Capture.RANCOCAS, N.J. -- SQN SQN Squadron SQN Sine Qua Non SQN Sequoyah Nuclear Plant (Tennessee) SQN School Quota Number (military) SQN Sequence Number Banking Systems:
Who: Brian Dunne, vice president of SQN Banking Systems, a
leading provider of check fraud detection software,
signature and check image analysis systems for the banking
industry is available to provide expert commentary on check
fraud detection in the remote deposit capture environment
enabled by Check 21.
What: With the growing adoption of remote deposit capture,
financial institutions are becoming increasingly exposed to
the possibility of duplicate presentments - the same check
deposited at multiple points - and are quickly realizing the
need to deploy advanced technological tools that will
identify parties attempting to defraud the institutions.
Brian Dunne will discuss:
-- How remote deposit capture accelerates the check
clearing process, giving the financial institution
added security against fraud
-- How anti-fraud tools can catch fraudulent
transactions prior to posting
-- How fraud detection can be accelerated from day-two
to day-one or day-zero
-- How image analysis tools come into play in spotting
fraud
-- Other fraud factors involved in a RDC environment
Contact: To speak with Brian Dunne or for more information, contact
Mike Klim at 678-781-7237 or email at mklim@williammills.com
About SQN Banking Systems For more than 20 years, SQN Banking Systems has provided integrated fraud detection and process improvement products for the financial industry, meeting the needs of financial institutions of all sizes. The SENTRY suite of products includes software to streamline streamline, path of a fluid flowing steadily and without appreciable turbulence. A body is said to be streamlined if its shape offers the least possible resistance to a current of air, water, or other fluid. exception item processing, check and deposit fraud detection, check image analysis, image-survivable security features, automatic signature comparison and display, and safe deposit automation. More than 500 SQN customers have improved their earnings and reduced check fraud losses by as much as 84 percent with SENTRY. For more information, visit SQN's Web site at www.sqnbankingsystems.com. |
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