Active Fraud Buster

Active Fraud Buster

The barcode contains securely encoded, unique information, which can be validated at the teller, back office or centrally to validate inclearing items automatically.

Customer statements are generated electronically and can be delivered in a number of ways: printed using scaled images, or electronically on CD, via email, or through Internet Banking on the bank’s web site.

Advantages

• Prevents alteration of code line data.


• Uses strong encryption for protection


• Can be used in conjunction with other fraud prevention components to ensure excellent protection from fraud


• Unlike most paper and ink based security methods, the Fraud Buster barcode survives the imaging process of cheque truncation


• Authorized Cheque printers can receive barcodes from the bank over a secure interface providing the bank with complete control over security.


• Dynamic information, such as payee, amount, and so on can be added by the commercial customers so providing similar protection as positive pay using the barcode information on the cheque