Anomaly detection in Remote Deposit harnesses the true power of artificial intelligence by using proprietary algorithms and connectors that help in automating several steps such as pre-processing, cleansing and harmonizing originator & beneficiary names, addresses & enabling fraud identification process more agile & cost effective ACH/ABA codes, and enabling fraud identification process to be more nimble and economical manner. This software app identifies patterns related to customer behavior, authenticity of mobile checks, accounts in which they are deposited, & their geo-spatial mobile deposit locations.
Pre-built graphical user interface (GUI) & APIs for quick deployment & integration with clients’ existing workflow.
Pre-built financial ontologies & business rules that are dynamically updated to improve the product accuracy over time.
30+ probabilistic spatial and temporal graph algorithms to determine links and connected entities.