TrueWire
Protect wire transactions from fraud by triangulating payment details with account status and ownership against an industry-leading database.
Protect Wire Transfers
Give account holders initiating wire transfers a needed layer of defense with TrueWire. Before the money moves, ensure it’s a safe transaction.
Rising Wire Threats
As an FI leader, you’re battling the rising threat of fraud while trying to maintain efficient operations.
Sophisticated Scams
Wire fraud techniques are evolving in new ways daily from email compromise to social media spoofing. Keeping up is an uphill grind.
Operational Strain & Competition
FIs are under a microscope competing with other FIs and fintechs, all while providing top-tier account holder service.
The Time is Now: Protect Wire Transactions
Real-time verification for secure wire transactions, unprecedented fraud data
TrueWire secures wire transactions by verifying account ownership and status in real-time. With instant verification, you reduce the risk of fraud and unauthorized transfers. This feature ensures each transaction’s legitimacy, enhancing accuracy and safeguarding financial operations.
Dynamic review for security and compliance
TrueWire dynamically reviews both senders and receivers to ensure security and regulatory compliance. By thoroughly assessing parties, you mitigate risks like fraud and money laundering, protecting your institution’s reputation and avoiding legal issues.
Efficient processing with customizable file uploading
TrueWire simplifies wire transactions with customizable file uploads, streamlining data entry and validation. This feature saves time, eliminates manual efforts, and tailors the process to your needs, boosting productivity for your institution and customers.
Integration with existing tech infrastructure via API
TrueWire’s API enables smooth integration with your current systems, ensuring the verification process aligns with your operations. It facilitates seamless data flow, optimizing efficiency within your financial institution.
Protect Wire Transactions from Fraud
Verify in Real-Time
Ensure secure and accurate wire transactions by verifying account ownership and status in real-time, before fraud happens.
Review Sender & Receiver
Dynamic review of both the sender and receiver of wire transactions ensures optimal security and compliance with regulations.
Save Time and Stay Safe
Easily upload wire transactions using a customizable file, allowing for a streamlined and efficient process.
Integrate or Access via API
Build TrueWire protection into your financial institution’s current tech infrastructure, ensuring that your verification process is streamlined.
Real-World Wire Fraud Protection
From frontline defense to executive oversight, TrueWire strengthens your institution at every level.
Frontline Verification
Instant alerts flag suspicious wire transfer details before funds are sent.
Business Banking Controls
Add dual authorization and validation for high-risk outbound wires.
Wire Room review
Automatically screen outgoing wires for red flags and suspicious identifiers.
Call-Based Support
Equip phone reps with risk insights to intercept fraudulent wire transfers.
High-Dollar Flags
Escalate large or unusual wires for additional fraud screening.
Recurring Payment Protection
Spot new beneficiaries or changes to trusted transfer patterns.
Compliance Oversight
Log, monitor, and report attempted wire fraud for internal review and audits.
Customer Alerts
Warn account holders of risky wire behaviors or spoofed recipient requests.
Learn more about TrueWire
Explore common questions about our wire fraud prevention tool.
What is TrueWire?
TrueWire is an advanced, real-time wire transaction verification tool designed to prevent fraud by confirming account ownership and status instantly. It minimizes unauthorized transactions, offering a critical layer of security for your institution.
Is TrueWire easy to integrate with our current systems?
Yes, TrueWire integrates seamlessly with your existing systems through API access, allowing you to verify wire transactions without overhauling your current infrastructure. Our streamlined setup ensures minimal disruption and fast implementation.
Will TrueWire complicate our operations or slow down transactions?
Not at all. TrueWire operates in real-time, ensuring fast, accurate transaction verification without adding friction. Your operations will remain efficient while benefiting from enhanced security and fraud prevention.
How will TrueWire benefit our fraud and operations teams?
TrueWire offers your fraud team proactive, real-time verification, drastically reducing the time and resources spent on investigating wire fraud. It also enhances operational efficiency by reducing manual intervention, helping your teams focus on core activities.
