Ascertain

Ascertain Positive Pay System (APPS) will help any Bank to quickly identify potentially fraudulent cheque (Payee name, date, cheque number, account number and amount tampered) and other exception items and allow the operation to promptly instruct the user to return any such item(s) to the negotiating person/financial institution.

APPS Key Features:

Integrate-able with

• Core banking system,
• Inward cheque clearing system
• Active Directory

Integrated Security Module to handle:

• Audit Trial
• Logging
• Authorization
• Authentication
• Password Policy
• Error Exception Handling

Others:

• Report Query Engine
• Import Central Bank Data, Customer Data
• Process cheque images.
• Compare cheque information with customer data
• Auto Matching and highlight mismatch information and generate alert reports
• Eyeball cheque for unmatched records.
• Multicurrency, Multilingual capability
• Capability to generate Customer Reconciliation Report, Exception Reports, Eyeball check reports and various customized reports
• Ability to handle multi file formats
• Maker-Checker Workflow
• Fraud database checking
• MICR Repair
• Threshold Management

Key benefits & highlights of APPS:

• Detect fraud and generate alerts and reports 
• Reduce payment processing turn-around time
• Highly scalable, easily deployable
• Proven OCR accuracy of 85% and more
• Currently deployed and running in 16 countries worldwide
• More than 1 Million cheque gets processed in a month.

Disclaimer:

APPS available in three editions such as standard, professional and Enterprise editions. The first two are standalone client server based where as the enterprise edition is web based. All the editions are vary in their feature and modules and costing. The system readiness also subject to the editions selected by the customer.  Please contact This e-mail address is being protected from spambots. You need JavaScript enabled to view it if you need further details.