Bank Fraud Detection

Fraud detection in banking is a critical activity that can span a series of fraud schemes and fraudulent activity from bank employees and customers alike. Our experts use analytics to encounter the following problems:

Cash Transaction Monitoring
- Identify cash transactions just below regulatory reporting thresholds
- Identify a series of cash disbursements by customer number that together exceed regulatory reporting threshold
- Identify statistically unusual numbers of cash transfers by customer and bank account
Billing
- Identify unusually large number of waived fee by branch or by employee

Check Tampering
- Identify missing, duplicate, void, or out of sequence check numbers
- Identify checks paid that do not match the check issued, by bank, by check
- Locate check forgery or falsification of loan applications

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