Leading core processing software provider Share One integrates to Advanced Fraud Solution's TrueChecks® for real-time check deposit fraud detection.
Advanced Fraud Solutions (AFS), a market-leading payments fraud software provider, announced today their new partnership with Share One Inc., a leading CUSO core processing software developer for credit unions.
Share One's robust core processing platform, NewSolutions, now features direct integration with Advanced Fraud Solution's TrueChecks® to give joint clients a real-time, automated solution to prevent check fraud. The joint solution allows Share One's clients to seamlessly leverage the vast TrueChecks® database of counterfeit, NSF, closed account, and duplicate deposit information through integration with both teller-capture devices and the core processing platform itself.
"Our partnership with Share One delivers a powerful, automated way to stop check fraud, which continues to plague financial institutions as the leading avenue of payments fraud attempts. With TrueChecks® integration into NewSolutions, clients will receive unparalleled risk mitigation delivered directly in their core environment, requiring no manual intervention from credit union staff, and thus allowing them to focus on what they do best, which is serving members.”
— Ted Kirk, Director of Industry Partnerships for AFS
"At Share One, we are continuously evaluating "best of breed" interfaces for our clients," remarked Don Conrad, SVP Sales for Share One, Inc. "We are excited to partner with AFS and to provide this powerful real-time option for fraud mitigation to our clients," he said.
Advanced Fraud Solutions was founded in 2007 with the simple mission to help financial institutions and businesses prevent fraud by utilizing our comprehensive private cloud-based software solutions at the front line and in the back office. Every day, our innovative fraud prevention tools help banks, credit unions, and merchants of all sizes eliminate losses and safeguard their financial assets, providing the level of protection that today's customers demand. At Advanced Fraud Solutions, we know the best way to fight fraud is to prevent it. Learn more at www.advancedfraudsolutions.com.
About Share One
Share One, Inc., a CUSO, operating out of Memphis, TN, is a leading developer of credit union core processing software and serves an expanding client base of credit unions with assets ranging from $10 million to $1.8 billion. NewSolutions provides a full range of advanced features, including comprehensive support for consumer, mortgage, and commercial loans; a full suite of electronic services delivered via the internet; a fully integrated, member-centric imaging system; and exceptional operational efficiency. For more information visit www.shareone.com.