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 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.