Yellow Hammer Fraud Detective™ - Fraud detection/prevention solution

It works like this …

Yellow Hammer Fraud Detective is Jack Henry Banking’s sophisticated system that automatically monitors account activity from multiple touch points to identify potentially fraudulent transactions and accounts with the highest probability of fraudulent activities. This state-of-the-art solution replaces the historically manual, report-based procedures with a sophisticated, automated process.

Yellow Hammer Fraud Detective deploys sophisticated data storage technology to generate extremely accurate representations of “normal” and “abnormal” account activity and spending behavior. The solution then uses that information to detect potential fraud occurrences and flag them for your bank.

Integration is key …

This real-time solution effectively and efficiently reduces fraud related to checking, deposit, and ACH transactions. This comprehensive solution detects kiting, duplicate or out-of-sequence checks, checks with out-of-range dollar amounts, suspicious check writing activities or signatures, and multiple daily transactions.
This innovative system enables suspicious transactions to be immediately researched online using full integration with Jack Henry Banking’s core processing solutions – SilverLake System®, CIF 20/20®, and Core Director®.

It empowers your staff to protect your bank …

Yellow Hammer Fraud Detective enables branch managers, customer service representatives, and tellers to identify and prevent fraud before it occurs. Daily online lists alert front-office associates of potentially fraudulent activities and enable them to take preventative action – such as placing account holds – directly through the system. Immediate access to customer history, check images, and other electronic document images including signature cards is also available.

It’s money well spent …

Yellow Hammer Fraud Detective’s flexible design and aggressive release schedule ensure that banks are empowered to proactively respond to emerging fraud challenges. And the detection and prevention of fraud typically enables banks to realize ROI within the first six months of implementation.

Yellow Hammer Fraud Detective protects bank and customer assets, prevents the financial and reputational losses associated with fraud, protects customers’ credit ratings, expedites the resolution of fraud-related issues, and ensures full compliance with related regulatory requirements including the anti-money laundering provision of the USA Patriot Act.