Online Fraud Detection on Combating Credit Union Check Fraud with Technology
FLEX, a credit union core processor, integrates with Advanced Fraud Solution for check fraud prevention. (Newswire.net -- October 27, 2016) Sandy, Utah -- FLEX CREDIT UNION TECHNOLOGY SELECTS ADVANCED FRAUD SOLUTIONS TO INTEGRATE INDUSTRY-LEADING CHECK FRAUD DETECTION SOLUTION WITHIN ITS TELLER CAPTURE PLATFORM. Industry-leading solution providers for the financial services sector join forces to combat check deposit fraud FLEX announces a partnership to integrate its credit union core processing platform with Advanced Fraud Solutions’ (AFS) fraud detection tools. The partnership unites two industry leaders in the perennial fight against check fraud that continues to generate significant losses at credit unions across the nation. A recent report produced by AFS found that while check volumes continue to decline, the exponential growth in online and mobile banking coupled with the adoption of EMV technology to combat plastic card fraud has helped breathe new life i