Archive Links

Consumer Archive
CU System Archive
Market Archive
Products Archive
Washington Archive
150x172_CUEffect.jpg
Contacts
LISA MCCUEVICE PRESIDENT OF COMMUNICATIONS
EDITOR-IN-CHIEF
MICHELLE WILLITSManaging Editor
RON JOOSSASSISTANT EDITOR
ALEX MCVEIGHSTAFF NEWSWRITER
TOM SAKASHSTAFF NEWSWRITER

News Now

Products
Bluepoint AFS join to stop counterfeit checks
HENDERSON, Nev. (8/22/12)--Bluepoint Solutions has partnered with Advanced Fraud Solutions (AFS) to automate the identification of counterfeit checks by integrating Bluepoint's ImagePoint Teller with the AFS TrueChecks solution.

Kernersville, N.C.-based AFS provides fraud detection and prevention software to the financial industry through a suite of card and check related products. Bluepoint Solutions, a payment processing and content management company, is based in Henderson, Nev.

When scanning deposits using ImagePoint Teller, tellers will be immediately notified if checks are flagged as potentially counterfeit. The database of counterfeit checks is built and maintained by AFS. Before the integration with ImagePoint Teller, tellers were required to manually enter a check's routing and account numbers into a web-based portal to run the counterfeit screening.

The combination of TrueChecks with ImagePoint Teller will save tellers time by combining multiple processes into a single workflow and guaranteeing that checks are not accidentally skipped for screening.

Losses from counterfeit checks account for roughly a third of check losses at financial institutions nationwide, according to the most recent American Banking Association Deposit Account Fraud Survey Report.


RSS





print
News Now LiveWire
What is the @NCUFoundation ? Watch this Foundation video: http://t.co/iC6XoInU7r
35 minutes ago
Follow @cumagazine for even more #CUNAGAC live-action reports March 8-12 #creditunion #creditunions #UniteForGood
3 hours ago
Make sure 2 follow us @NewsNowLiveWire ,and @cuna , during March 8-12 Governmental Affairs Conference #CUNAGAC #crashthegac15 #UniteForGood
3 hours ago
Memberships, loans continue positive trend: @CUNA's monthly survey #NewsNow http://t.co/QnAlJ4DB3O
3 hours ago
Grand opening of @McGrawHillFCU's branch puts high touch on member service #NewsNow http://t.co/RlnJNrcwM8 #Backat55
4 hours ago