Developed in collaboration with six of the leading banks in the U.S., Kofax FraudOne® empowers its users to detect check fraud in real time and from “Day 1” and “Day 2” transactions. In an era when 82% of surveyed organizations say checks are the primary fraud target in their business1, Kofax FraudOne is an image-based, fraud detection solution whose time has come.
As financial institutions offer ever-evolving transaction options (e.g., remote deposit via a mobile device), criminals continue to devise more sophisticated and hard-to-detect fraud methods. Kofax FraudOne combats this and minimizes exposure with flexible fraud detection available at the point of capture and in-clearing. The speed and accuracy with which Kofax FraudOne flags potential fraud helps you enhance the customer experience without increasing your fraud exposure.