19 October 2017
visit www.avoka.com

Fleet Bank fights fraud with Carreker

25 July 2002  |  4717 views  |  0 Fleet Bank fights fraud with Carreker

Fleet Bank has implemented Carreker's Online Risk Expert (Core) Workflow Manager product for fraud detection.

Developed in conjunction with Fleet Bank, Core Workflow Manager aggregates suspect information from multiple sources - teller stations, back office or deposited funds - flags high-risk items, and allows bank fraud detection staff to record related decisions and actions online. The tool also enables staff to review images of cheques online.

The vendor claims Core Workflow Manager will enable the bank to improve the productivity of its fraud detection resources by at least 15 per cent.

Lou Marotta, loss prevention manager of Fleet's risk management group, says: "Now we automatically see the high-risk items first and assign them to the appropriate fraud analyst. It's a much better allocation of our resources against the highest potential value."

Core Workflow Manager is the first product from Carreker's next-generation fraud suite, which will use Web-based, image-enabled, relational databases, and other advanced technologies to combat fraud.

Comments: (0)

Comment on this story (membership required)

Finextra news in your inbox

For Finextra's free daily newsletter, breaking news flashes and weekly jobs board: sign up now

Related stories

Citibank signs cheque fraud contract with Primary Payment Systems

Citibank signs cheque fraud contract with Primary Payment Systems

22 July 2002  |  6004 views  |  0 comments
Australian police probe Internet bank fraud

Australian police probe Internet bank fraud

22 July 2002  |  5259 views  |  0 comments
FleetBoston rolls out InvestmentLink STP service

FleetBoston rolls out InvestmentLink STP service

17 July 2002  |  2927 views  |  0 comments
Huntington tackles money laundering with ACI fraud detection software

Huntington tackles money laundering with ACI fraud detection software

09 July 2002  |  5814 views  |  0 comments
Citibank fights fraud with virtual credit card numbers

Citibank fights fraud with virtual credit card numbers

25 June 2002  |  11520 views  |  0 comments
US regulators forge closer ties to combat fraud

US regulators forge closer ties to combat fraud

31 May 2002  |  3480 views  |  0 comments
Nationwide automates cash supply chain with Carreker

Nationwide automates cash supply chain with Carreker

29 May 2002  |  2878 views  |  0 comments

Related company news

 

Related blogs

Create a blog about this story (membership required)
visit www.vasco.comvisit www.niceactimize.comvisit www.capgemini.com

Top topics

Most viewed Most shared
Ripple looks to drive bank adoption with $300m XRP rebate programmeRipple looks to drive bank adoption with $...
15758 views comments | 12 tweets | 4 linkedin
Swift positive on blockchain, but big challenges remainSwift positive on blockchain, but big chal...
8923 views comments | 16 tweets | 22 linkedin
satelliteGates Foundation backs Ripple collaboratio...
8009 views comments | 13 tweets | 10 linkedin
IBM uses blockchain to improve cross-border payments processingIBM uses blockchain to improve cross-borde...
7116 views comments | 9 tweets | 17 linkedin
Santander InnoVentures leads $6m funding round for Mexico's ePesosSantander InnoVentures leads $6m funding r...
6266 views comments | 6 tweets | 3 linkedin

Featured job

to £70K base, £105K ote, benefits
London, UK

Find your next job