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Check Image Analysis

Check Stock Analysis

TECHNOLOGY TRUMPS MANUAL REVIEW

Counterfeit checks continue to be a source of concern for financial institutions across the nation, and manual review to detect forgeries or reproductions isn’t always effective. With SENTRY: Inspect™, the guesswork is removed from the process thanks to innovative technology. Additionally, it’s a far more efficient method compared to the manpower that might otherwise be needed.

SENTRY: Inspect™ is SQN Banking Systems’ sophisticated and highly efficient check verification program, making the check clearing process smoother and more secure for both you and the customer. It reviews on-us check images, compares various details with profiles, detects counterfeit and altered on-us checks, and prompts personnel for further vital check reviews.

Distinguishing minute alterations is difficult for the human eye, and fraudsters are very aware of this fact. By accessing customer profiles automatically, SQN Banking Systems’ SENTRY: Inspect™ can make evaluations of authenticity quickly and successfully. It recognizes all fixed points on checks, such as:

  • Payor name and address
  • Memo and signature line placement
  • Standard text
  • Font and layout
  • Serial number
  • Check size

SENTRY: Inspect™ makes check fraud protection easier and more effective, offering easier validation for every check transaction. It will find and stop more counterfeit checks. As a result, you can:

  • Decrease losses
  • Improve productivity
  • Reduce workload of back-office operators
  • Protect your customer base

Check Content Analysis

ONE SCAN CONFIRMS CHECKS ARE COMPLETE, SIGNED AND VALID.

Whether it’s the result of an unintentional mistake or an indicator of potential fraud, incomplete checks are a drain on any financial institution. Since tellers are not always present to review each check that enters a bank’s system, SENTRY Content™ automatically reads each check to ensure that fields are complete, the check is signed, and the dollar amounts match.

To protect the bank from accepting incomplete instruments, SENTRY Content™ examines check images and confirms that all the required alphanumeric information for the check is present, including dates, legal and courtesy dollar amounts, MICR codes, the payee line and the payor’s signature.

SENTRY Content™ reviews the content of on-us check images for greater check fraud detection and protection:

  • Confirms the presence of a signature
  • Detects post-dated or stale dated entries
  • Ensures that legal and courtesy amounts match
  • Verifies account number, check number, routing number and barcode information with MICR data

Official Check Verification

BARCODING CHECKS FOR PORTABLE FRAUD DETECTION

Today it is easier than ever for fraudsters to duplicate checks. Institutions increasingly rely on check images, making traditional anti-fraud technologies like watermarks, micro-printing or special inks obsolete. By implementing SENTRY: Seal™, you and your commercial banking customers will be better protected against check fraud thanks to its ability to print secure barcodes with check specific data.

Official Check Verification allows banks to immediately validate checks using encrypted, image-survivable barcodes printed directly on official and bank checks. It makes check fraud detection easier and more effective than Positive pay by eliminating the need for an issue file.

With SENTRY: Seal checks are printed with a unique bar code, or seal, that securely stores vital check information, including the check amount, payee name, and the date it was issued. At the branch, the teller using SENTRY: Seal:

  • Scans the check’s seal
  • Views the encoded information
  • Compares it to the printed text
  • Decides if the check should be cashed
  • Can alternatively scan the check and send it to the back office for immediate authentication and fraud detection

Ultraviolet Check Image Analysis

FIND MORE CHECK DISCREPANCIES

As criminals get better at reproducing and altering checks – due to advances in desktop publishing and chemical-modification techniques – financial institutions must constantly adjust their anti-fraud measures to stay a step ahead. With SENTRY: UltraCheck™, identifying potential fraud on checks coated with ultraviolet (UV) ink is now faster, easier and more effective.

SENTRY: UltraCheck™ automates the UV ink check review process saving countless hours over manual check fraud detection methods. Moreover, SENTRY: UltraCheck™ will automatically detect UV logos as required by global financial regulators.

The combination of complex software and algorithms paired with modern image processing techniques makes for a sophisticated and comprehensive check fraud protection system that can quickly find discrepancies on embedded UV marks for key areas of a check, such as:

  • Payee name
  • Legal amount
  • Signature block
  • Bank or company logos