FraudChex® NAF is a real-time new account fraud prevention solution that taps into the data behind more than 40 million new account applications. Using patented scoring and matching technology that examines hundreds of data attributes, you’re empowered to review alerts before a fraudulent account can be created and used. Its alert management system also centralizes your fraud mitigation activities, making investigations more efficient. With advanced new account fraud schemes emerging daily, FraudChex NAF continually adapts to variations as quickly as they’re conceived.
Chex Systems, Inc. (herein “ChexSystems”) is a consumer reporting agency and an indirect wholly owned subsidiary of FIS and the provider of FraudChex service, a non-FCRA service.
How ChexSystems empowers new account fraud prevention
Proactively defend your institution
Stop crime with real-time account inquiry data coupled with your business rules
Reduce fraud losses, investigative time and customer friction
Gain a competitive edge by protecting your customers without disrupting their experience
Centralize identity-related fraud mitigation activities
Streamline fraud tracking and analysis with a centralized alert system and searchable interface