BANKDetect LLC. - ONE SOURCE FRAUD, ABUSE AND BSA COMPLIANCE SOLUTIONS for FINANCIAL INSTITUTIONS

ONE SOURCE FRAUD, ABUSE AND BSA COMPLIANCE SOLUTIONS for BANKS, CREDIT UNIONS, MONEY SERVICES BUSINESSES AND OTHER FINANCIAL INSTITUTIONS

RiskFinder (OFAC, ID, New Account)~ An installed new account screening system that performs ID verification (name, address, phone, zip, SSN, etc), searches the OFAC and PLC lists, and provides composite risk assessment of new customers
	RiskTracker — A3™ (Fraud) ~ An installed Account Activity Analysis system that analyzes daily banking transactions to detect and highlight a wide variety of fraud and abuse threats (Including check kiting, counterfeiting, new account fraud, and embezzlement). This system includes case management functionality and extensive reporting options.
	RiskTracker — AML™ (AML) ~ An installed Anti-Money Laundering system that analyzes daily banking transactions to detect and highlight money laundering and terrorism financing threats consistent with compliance requirements. This system performs various analyses on various transaction types such as monetary instruments, ACH transactions, loan, and wire information, etc. This system also includes customer profiling, customer linking, and case management functionality.
RiskTracker — A3/AML™ (Fraud and AML combined) ~ An installed transaction analysis system that combines the functionality of the RiskTracker — A3™ (Fraud) system that analyzes daily banking transactions to detect a wide variety of fraud and abuse threats (Including check kiting, counterfeiting, new account fraud, and embezzlement); and the RiskTracker — AML™ system, which is an Anti-Money Laundering system that analyzes daily banking transactions to detect money laundering and terrorism financing threats consistent with compliance requirements. The RiskTracker — A3/AML™ is designed specifically for smaller banks, credit unions and financial institutions which do not require separated analysis functions or processing of large transaction volumes.
RiskTracker — OFAC™ (OFAC) ~ An online system that checks customer names against the latest OFAC and OSFI denied party databases, as well as the PLC list.
RiskTracker — OFAC™ Scrub (OFAC) ~ BANKDetect can perform OFAC scrubbing for an institution’s current customer base on a periodic basis, to meet regulatory requirements. Client will receive a pass/fail report from BANKDetect when the scrub is complete. (The Scrub can also be utilized for periodic ACH scrubbing as well.)
RiskTracker — ID/CIP™ (ID, CIP, New Account, or OFAC) ~ An online new account screening system that performs ID verification (name, address, phone, zip, SSN, etc), performs searches on banking history, OFAC, PLC, PEP, and global black lists. Also provides information pertaining to NAICS, MSBs, Section 311 entities, and high risk countries.
RiskTracker — CIP Manager™ (CIP) ~ Developed as a companion product to the RiskTracker — ID/CIP™ (but can be installed as a stand alone product), this is an installed PC-based system that performs comprehensive AML assessment of enterprise and account risks, drafts composite risk assessment reports, processes, assigns risk scores and maintains screening records produced by the RiskTracker — ID/CIP™ or other new account screening source.