TrueChecks
Batch Fraud Detection for CheckLogic
Add a powerful layer of fraud protection to your check processing workflow.
TrueChecks, powered by Advanced Fraud Solutions (AFS), helps identify potentially fraudulent checks through a daily batch review process, enabling your team to take proactive action before funds are released.
How It Works
- Daily transmission of forward collection files
- Overnight fraud analysis using AFS consortium data
- Next-day access to flagged items
- Review and act based on your internal policies
What You Get
- Daily fraud detection reporting
- Identification of high-risk or suspicious checks
- Seamless integration with CheckLogic
- No disruption to existing processing timelines
Pricing
- One-Time Setup Fee: $800
- Monthly File Transmission & Support: $100
- Per Check Fees:
- TrueChecks: $0.030 (Minimum $250/month)
- TrueChecks + Early Warning Services: $0.065
Ideal For
- Credit unions looking to reduce check fraud losses
- Teams wanting better visibility without real-time process changes
- Institutions seeking a simple, low-lift fraud mitigation solution
Get Started Today
Click Add to Cart to begin onboarding. Our team will contact you to complete setup.
