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Solution Brief OASIS Alterations Detection

Using AI to Detect and Prevent Check Alteration Fraud

Recent alerts published by the Financial Crimes Enforcement Network (FinCEN) along with warnings from other leading industry groups state that check fraud remains among the top forms of payment fraud due to criminals becoming more sophisticated and organized as they commit check fraud.

The greatest increase in check fraud comes from "check alteration," which involves unauthorized changes or the addition of words or numbers.

Combating this growing issue requires image analysis depth using newer artificial intelligence (AI) tools and techniques. ARGO OASIS™ (Optimized Assessment of Suspicious Items) solution provides cross-channel, multi-fund analytics and adjudication workflow to detect fraudulent transactions and suspicious items.

Download the solution brief to start preventing fraud and protecting your institution today.