What We Do
CheckCheck’s patented IP for multi-channel check deposit verification using a printed, digitally enabled indicia provides a secure, efficient, and streamlined solution for financial institutions and their customers, and fills a valuable gap in current digital banking technology.
With enhanced security measures and API-based compatibility with existing systems, CheckCheck’s software offers a seamless and scalable solution for digital check verification that can help financial institutions and businesses reduce costs, improve efficiency and increase customer satisfaction.
Digitally Enabled Watermark
- Unique machine-readable code printed on each check utilizing advanced cryptography to enable secure access to original check data
- Allows instant access at the initial point of deposit to verify critical check data including the intended payee and payment amount
- Checks are marked as deposited in real time, preventing duplicate presentment
Unique ID
- CheckCheck’s unique IDs preclude counterfeiting
- The unique IDs are generated internally on the CheckCheck platform
- Each check contains its own unique ID which cannot be altered once it is associated with the check
- When the digitally enabled watermark is scanned, it detects the embedded unique ID and is cross-referenced against the unique record for that check to verify its authenticity
The CheckCheck Platform
- Instant confirmation that the check was issued by a verified check printer
- Prevents fraudulent actors from successfully “whitewashing” checks by altering the intended payee or payment amount
- Real-time recognition of mobile check deposits to prevent duplicate presentment
- Ability to validate checks without the use of individual account information to minimize security risk
- Reduces reliance on labor-intensive human based fraud detection mechanisms to increase efficiency
