Average Ratings 0 Ratings

Total
ease
features
design
support

No User Reviews. Be the first to provide a review:

Write a Review

Average Ratings 0 Ratings

Total
ease
features
design
support

No User Reviews. Be the first to provide a review:

Write a Review

Description

Owning the payment channel equates to possessing the customer relationship, but as payment methods advance rapidly, this ownership is increasingly challenged. Companies such as Square and Venmo are actively working to undermine traditional financial institutions by offering quicker and more engaging payment solutions. In addition, fintech startups are developing fascinating innovations that promise to reshape the industry. Retail giants like Amazon and streaming services such as Netflix have raised consumer expectations regarding convenience and the speed at which services are delivered. Furthermore, the current trend towards mobile usage means that both consumers and businesses prefer to manage their transactions and interactions through mobile devices. As a result, maintaining control over the ever-evolving payments landscape is becoming increasingly complex due to fresh competitors, alternative payment methods, and heightened expectations from end-users. However, partnering with Jack Henry Payments allows you to access comprehensive, integrated solutions that effectively cater to nearly every payment channel and manage the entire lifecycle of various payment types. This strategic choice not only enhances your service offerings but also positions you to thrive in a competitive market.

Description

TrueChecks is an innovative solution for detecting check fraud in real-time, leveraging a consortium-driven approach that halts fraudulent deposits as they are presented by cross-referencing each item with the largest cooperative database in the industry, which includes over 15 years of account- and item-level records from numerous financial institutions. It offers effortless integration through a secure web portal or RESTful APIs that connect with existing image-capture systems, core processors like FIS, Jack Henry, and Fiserv, as well as mobile and ATM channels, ensuring comprehensive protection across all transaction methods. TrueChecks employs cutting-edge techniques in field detection, text classification, and interpretation to swiftly identify counterfeit, duplicate, non-sufficient-funds (NSF), closed-account, and altered checks, providing immediate notifications to tellers and back-office personnel. The platform's cloud-based architecture not only enhances scalability but also minimizes the need for extensive infrastructure, making it an efficient solution for financial institutions. With its ability to adapt to various operational environments, TrueChecks stands out as a vital tool in the fight against check fraud.

API Access

Has API

API Access

Has API

Screenshots View All

Screenshots View All

Integrations

Akoya
FIS Digital One
Fiserv
Jack Henry Financial Crimes Defender
Jack Henry Loan Origination
Plaid

Integrations

Akoya
FIS Digital One
Fiserv
Jack Henry Financial Crimes Defender
Jack Henry Loan Origination
Plaid

Pricing Details

No price information available.
Free Trial
Free Version

Pricing Details

No price information available.
Free Trial
Free Version

Deployment

Web-Based
On-Premises
iPhone App
iPad App
Android App
Windows
Mac
Linux
Chromebook

Deployment

Web-Based
On-Premises
iPhone App
iPad App
Android App
Windows
Mac
Linux
Chromebook

Customer Support

Business Hours
Live Rep (24/7)
Online Support

Customer Support

Business Hours
Live Rep (24/7)
Online Support

Types of Training

Training Docs
Webinars
Live Training (Online)
In Person

Types of Training

Training Docs
Webinars
Live Training (Online)
In Person

Vendor Details

Company Name

Jack Henry & Associates

Founded

1976

Country

United States

Website

www.jackhenry.com/what-we-offer/payments

Vendor Details

Company Name

Advanced Fraud Solutions

Founded

2007

Country

United States

Website

advancedfraudsolutions.com/solutions/truechecks/

Product Features

Payment Processing

ACH Check Transactions
Bitcoin Compatible
Debit Card Support
Gift Card Management
Mobile Payments
Online Payments
POS Transactions
Receipt Printing
Recurring Billing
Signature Capture

Product Features

Alternatives

Alternatives

SENTRY: FraudSuite Reviews

SENTRY: FraudSuite

SQN Banking Systems
OrboAnywhere Reviews

OrboAnywhere

OrboGraph