Average Ratings 0 Ratings
Average Ratings 0 Ratings
Description
The contemporary deposit landscape for financial institutions is evolving. ModernFi effectively links banks with surplus deposits to those in need of funding, thereby enhancing liquidity and creating revenue avenues. Established with the vision to enhance banks through innovative technology, ModernFi fosters a streamlined interbank marketplace that bolsters operational effectiveness. Our commitment lies in utilizing our expertise and technology to support banks, enabling them to thrive and deliver improved services to their local communities. The initiatives we undertake at ModernFi not only help banks better meet their clients' needs but also contribute to the financial well-being of their communities. We are dedicated to cultivating a more stable and inclusive economic future. With a profound respect for the banking system, ModernFi is dedicated to its advancement. Our team, equipped with extensive experience in the financial industry, is motivated by the desire to transform how banks engage with each other and their communities, ultimately striving for a more connected financial ecosystem.
Description
SQN Banking Systems provides a robust solution for banks to combat the increasing threat of check fraud through its SENTRY: FraudSuite™ platform. This all-in-one fraud prevention system employs machine learning and AI technology to thoroughly analyze check images, customer profiles, and transaction history. The platform excels at detecting altered checks by identifying changes in payee names, amounts, and dates, as well as counterfeit checks through security feature analysis. Signature verification compares new signatures with previously verified ones to catch forgeries, while handwriting variance detection spots suspicious alterations. SENTRY: FraudSuite™ also blocks duplicate check deposits and detects check kiting by analyzing account behavior and deposit patterns. Additionally, it flags fraudulent activity involving checks from closed or empty accounts. SQN Banking Systems equips financial institutions with educational materials and case studies to showcase how their platform can effectively reduce fraud losses. The solution streamlines fraud detection, helping banks protect assets and maintain trust.
API Access
Has API
No
API Access
Has API
No
Integrations
No details available.
Integrations
No details available.
Pricing Details
No price information available.
Free Trial
No
Free Version
No
Pricing Details
No price information available.
Free Trial
No
Free Version
No
Deployment
Web-Based
Yes
On-Premises
No
iPhone App
No
iPad App
No
Android App
No
Windows
No
Mac
No
Linux
No
Chromebook
No
Deployment
Web-Based
No
On-Premises
No
iPhone App
No
iPad App
No
Android App
No
Windows
No
Mac
No
Linux
No
Chromebook
No
Customer Support
Business Hours
No
Live Rep (24/7)
No
Online Support
Yes
Customer Support
Business Hours
Yes
Live Rep (24/7)
No
Online Support
Yes
Types of Training
Training Docs
Yes
Webinars
No
Live Training (Online)
No
In Person
No
Types of Training
Training Docs
No
Webinars
No
Live Training (Online)
No
In Person
No
Vendor Details
Company Name
ModernFi
Country
United States
Website
www.modernfi.com
Vendor Details
Company Name
SQN Banking Systems
Website
sqnbankingsystems.com/check-fraud-protection/
Product Features
Banking
ATM Management
No
Compliance Tracking
No
Corporate Banking
No
Credit Card Management
No
Credit Union
No
Investment Banking
No
Multi-Branch
No
Online Banking
No
Private Banking
No
Retail Banking
No
Risk Management
No
Securities Management
No
Transaction Monitoring
No
Product Features
Banking
ATM Management
No
Compliance Tracking
Yes
Corporate Banking
Yes
Credit Card Management
No
Credit Union
No
Investment Banking
No
Multi-Branch
No
Online Banking
No
Private Banking
No
Retail Banking
No
Risk Management
No
Securities Management
No
Transaction Monitoring
No