ChexSystems Products (consumer/business)
ChexSystems® is the best-in-class analytics and business rules engine designed to address risk, fraud, identity and compliance matters.
ChexSystems’ core agnostic abilities allow integration with traditional Core, FinTech’s, and banking platforms for all banking modules and platforms.
ChexSystems® is a registered trademark of Chex Systems, Inc.
ID Verification/OFAC Watch
Verifies consumer identity inconsistencies and government list screening (OFAC lists and other government lists); supports US Patriot Act, OFAC and CIP regulations. IDV rule configurations allow per client customization.
ID Authentication
Generates an interactive, multiple-choice knowledge-based questionnaire (KBA) to authenticate identity; supports FFIEC compliance. IDA rule configurations allow per client customization.
QualiFile
Good|Better|Best: Behavioral risk underwriting and fraud prevention for CONSUMER demand deposit account (DDA) origination; an FCRA behavioral risk screening tool. A real-time decision and score is returned on the Consumer.
Risk strategy is defined by each client.
BizChex
Behavioral risk underwriting and fraud prevention for small BUSINESS demand deposit account (DDA) origination and signers. A real-time decision and score is returned on the Business. Standard and custom risk strategies are available.