TRUEwire Wire fraud software
Safeguard wire transactions with real-time verification and streamlined payment processing.
Payment fraudsters are waiting to take advantage of your FI. Don’t let them win.
Concerned about wire Fraud? TrueWire protects financial institutions.
As a leader in a financial institution, you’re constantly battling the rising threat of fraud while trying to maintain efficient operations. There is ongoing pressure to safeguard your institution while keeping processes streamlined.
Wire fraud instances are becoming more sophisticated, using email compromise and other digital tactics to infiltrate payment systems. Is it impossible to fight back? Not with TrueWire.
TrueWire delivers consortium-powered, real-time protection to stop fraudulent wire transactions before they impact your bottom line. Join us in the fight against fraud — we won’t let the scammers win.
the time is now
Don’t wait on TrueWire. Deposit fraud criminals are always finding new ways in.
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 process 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.
The power of Consortium Intelligence™️
TrueWire offers access to multiple authoritative nationwide account holder and fraud databases. By leveraging these databases, you gain access to comprehensive and up-to-date data, empowering informed decisions. The real-time verification of wire transactions prior to payment ensures to your FI and account holders that transactions are legitimate. With TrueWire, you can optimize your wire transaction processes while maintaining security, compliance, and efficiency.
Need more information? Here are some common TrueWire FAQs:
Q: What is TrueWire?
A: 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.
Q: Is TrueWire easy to integrate with our current systems?
A: 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.
Q: Will TrueWire complicate our operations or slow down transactions?
A: 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.
Q: How will TrueWire benefit our fraud and operations teams?
A: 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.
Q: What kind of support can we expect with TrueWire?
A: We provide full support from day one. Our team assists with integration, offers training for your staff, and provides ongoing support for any questions or concerns. Clients consistently praise our personalized and responsive service.
Q: Will TrueWire disrupt the account holder experience?
A: No, TrueWire operates seamlessly in the background, ensuring your account holders experience smooth, uninterrupted transactions while benefiting from increased security.
Q: Isn’t wire fraud declining?
A: Actually, wire fraud is on the rise, with fraudsters becoming more sophisticated. Financial institutions continue to face significant risks, and TrueWire is a crucial tool for staying ahead of these evolving threats.
Q: How can we schedule a demo of TrueWire?
A: Contact us today to schedule a personalized demo. Our experts will show you how TrueWire can meet your institution’s needs, providing you with a powerful fraud prevention solution that integrates smoothly with your systems.
