FraudScreener

Screen loan applicants for potential fraud and undisclosed information

With FraudScreener financial institutions can avoid costly loan write-offs when a thorough background investigation is conducted at the start of the loan review process. Bankruptcies, defaulted loans, and aliases are all flags that require further investigation.

FraudScreener performs comprehensive background checks by automating the search of multiple databases, including commercial and consumer credit reports, criminal databases, public records, and a variety of other investigative services. Based upon the bank’s pre-defined screening parameters, FraudScreener analyzes the retrieved data and highlights suspicious application details. A score card aids risk managers by highlighting areas that require further review.

Benefits of FraudScreener:

Accelerate the loan approval process
Rapidly retrieve credit bureau and public record information while improving work flow and productivity through automation.

Eliminates re-keying of information
Import and export files and credit information from our servers to yours, or into multiple platforms and databases to Interface with your existing loan origination system.

Customize FraudScreener:
Allows you to customize screening parameters or use our preset model. Integrates directly into the bank’s core processing system, with white labeling available.

Highest level of Security
Security provided through a multi-level framework, password and firewall protection and intrusion detection, user access to sensitive information can be controlled to prevent off-hours access and abuse. EI3PA audited annually.