01:26 AM
Connect Directly

Deluxe Selects ID Analytics for Compliance

Deluxe Corporation has added ID Analytics for Compliance to its existing suite of fraud protection services.

Shoreview, Minn.-based Deluxe Corporation has selected ID Analytics for Compliance to help the company and its financial services customers comply with the Red Flags Rules issued by federal financial institution regulators, according to a press release. Deluxe will add the solution to its existing suite of fraud protection services and expects it to help clients improve fraud detection rates, automate compliance and reduce operational costs.

The ID Analytics (San Diego) solution detects and automatically resolves identity fraud-related red flags during check ordering for direct deposit accounts, according to the release. ID Analytics for Compliance will be a key component of Deluxe OrderScreen the company says, providing compliance benefits to Deluxe customers including an extra layer of protection for account holders against fraudulent requests for printed checks.

OrderScreen streamlines orders for Magnetic Ink Character Recognition (MICR) products by analyzing order, address, channel and identity attributes that help detect, prevent and mitigate identity theft. The ID Analytics solution will be used to evaluate high-risk transactions.

Comment  | 
Print  | 
More Insights
Newest First  |  Oldest First  |  Threaded View
Register for Bank Systems & Technology Newsletters
White Papers
Current Issue
Bank Systems & Technology
BS&T's 2014 Elite 8 executives are leading their banks to success, whether it involves leveraging the cloud, modernizing core systems, or transforming into digital enterprises.
Bank Systems & Technology Radio
Archived Audio Interviews
Join Bank Systems & Technology Associate Editor Bryan Yurcan, and guests Karen Massey and Jerry Silva from IDC Financial Insights, for a conversation about the firm's 11th annual FinTech rankings.