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BETTER MANAGE YOUR RISK
Competing in the emerging electronic banking environment means opening your financial institution up to new fraud threats. Check fraud costs U.S. financial institutions up to $20 billion a year. But the threat does not stop there. Annual costs of fraudulent ACH and PIN-less debit card transactions are rising steadily. So even if you review every check, your financial institution still remains vulnerable.

UNLOCK COST SAVINGS AND IMPROVED PRODUCTIVITY
Founded by seasoned experts in transaction processing, CSPI can help you address your fraud protection challenges with complete solutions tailored to your needs. Our focus is not on protecting you against fraud from some of your transactions. It's on reviewing and challenging all of your transactions - paper and electronic - for validity and authorization. That's why we developed FraudXpert, a patent-pending, parameter-driven solution. And because our FraudXpert safeguards aren't random - or a one-time event - they become more effective as they learn more about the specific payment patterns of your individual accounts. The ultimate goal is simply stated: secure transaction-processing safeguards. And we firmly believe that Computer Service Professionals, Inc. is well qualified to help you attain it.

BOOST EFFICIENCY THROUGH FEATURE-RICH SOFTWARE
FraudXpert combines intelligent evaluation and authentication capabilities to protect users not only from traditional check fraud and loss, but also from new and dynamic forms of fraud that are emerging with the arrival of next-generation electronic transactions such as ACH and debit cards. With highly sophisticated fraud detection and response mechanisms, FraudXpert gives financial institutions the ability to review all incoming transactions for:


Low-speed stripped items.		New customer accounts.

Check number exceptions.		Unsigned draft authorizations.

Authorization verification.		Automated ACH pre-note review.

Volume and value anomalies.		Recurring large value items.

Derogatory paper stock vendor.		Derogatory ACH originator.

Image system compatibility.		And much, much more!

With these criteria, FraudXpert flags unusual payment activity, counterfeit checks, forgeries, and unauthorized drafts — on the day the item is received.

LEGACY SYSTEM INDEPENDENCE
By using the standard ACH and MICR presentment and image files for the source data, the FraudXpert solution requires no extra core system interface and can operate in any item or image-processing environment. Depending on the needs of your financial institution, FraudXpert can be installed as an
outsourced or in-house solution.

PROACTIVE ALL-ITEMS FRAUD REVIEW
The payment review and approval methods used by most institutions pose critical security risks. Their selective comparison of check signatures against the samples on file is too subjective, too random, and largely ineffective. Staff constraints and bulk filing have inherent security limitations. And the vast majority of transactions at most banks are authorized by default and are never physically reviewed. This is why we test every transaction.

FASTER RETURN OF FRAUDULENT ITEMS
Unlike traditional check fraud detection solutions, FraudXpert uses a pre-processing authentication model, rather than an exceptions-based workflow. This means that identified fraudulent items can be returned more quickly, enabling the financial institution to avoid taking a loss on the item.

NO MORE TIME TO LOSE
Don’t let fraud and loss sink the business case for your Check 21 and electronic banking initiatives. Contact Computer Service Professionals today for a no-risk evaluation of your transaction safeguards.

EXCEPTION TESTS		ACH COMPLIANCE TESTS
Large item exceptions. (MICR & ACH)		Prenote Transaction Reviews.
New account exceptions. (MICR & ACH)		Death Notification Alerts & Reviews.
Check size exceptions. (MICR only)		Invalid transactions to consumer accounts.
Duplicate check exceptions. (MICR & ACH)		Commercial transactions to consumers.
Out-of-range check number exceptions.		ARC transactions compliance tests.
ACH trusted originators. (ACH only)		TEL transactions compliance tests.
ACH watched originators. (ACH only)		WEB transactions compliance tests.
ACH blacklisted originators. (ACH only)		XCK (Destroyed Checks) review or denial.
Positive pay exceptions. (MICR & ACH)		Customized parameter settings by test.
MICR approved recurring amounts.		Automatic originator datatabase creation.
Missing check number, draft / keyed suspects.		POP transactions compliance tests.
Low-speed exceptions. (MICR only)		RCK transactions compliance tests.
Restrictive pay exceptions. (MICR & ACH)		Documented reviews / proof for audits.
SecurePin exceptions. (MICR only)		FraudXpert Risk Management Ratings.
Volume anomaly. (MICR & ACH)		Blacklists and Blocks by Originator.
Account specific large-item limits.		KiteTailer kite detection exceptions.
Value anomaly. (MICR & ACH)		Consumer vs. commercial parameters.

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“We are looking for a vendor that could provide the service and support necessary to integrate an imaging system with our banking business. CSPI offered a turnkey solution, advising us as to the products and equipment we needed to accompany the CSPI Check Imaging software. ”

— Fred H. Mills, Jr.
President - CEO
Breaux Bridge, Louisiana

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