Connect with us

Technology

Alogent Launches Alogent Shield: Advanced Check Fraud Mitigation Suite of Capabilities Utilizing AI and Machine Learning to Reduce Losses Across All Deposit Channels

Published

on

Alogent announced the launch of Alogent Shield, an advanced set of comprehensive features designed to tackle the rising threat of check fraud across all deposit channels. With two distinct offerings that seamlessly integrate into Alogent’s item processing suite of solutions, Alogent Shield and the enhanced Alogent Shield+, financial institutions can now leverage AI, machine learning, and computer vision technology to strengthen their risk mitigation strategies, while ensuring a seamless user experience across all in-branch and remote banking channels.

PEACHTREE CORNERS, Ga., Nov. 20, 2024 /PRNewswire-PRWeb/ — Alogent (@AlogentCorp), a leading global provider of software solutions for the banking and financial services market, announced the launch of Alogent Shield, an advanced set of comprehensive features designed to tackle the rising threat of check fraud across all deposit channels. With two distinct offerings that seamlessly integrate into Alogent’s item processing suite of solutions, Alogent Shield and the enhanced Alogent Shield+, financial institutions can now leverage AI, machine learning, and computer vision technology to strengthen their risk mitigation strategies, while ensuring a seamless user experience across all in-branch and remote banking channels.

“With Alogent Shield, we empower banks and credit unions to stay one step ahead of fraudsters, safeguarding their assets and preserving the trust of their account holders,” said Ashish Bhatia, Alogent VP Product Management.

“Today’s financial institutions require an agile approach to combat check fraud effectively,” said Ashish Bhatia, Alogent’s VP of Product Management. “With Alogent Shield, we empower banks and credit unions to stay one step ahead of fraudsters, safeguarding their assets and preserving the trust of their account holders.”

As fraudulent activities escalate, Alogent Shield and Alogent Shield+ offer comprehensive features that significantly reduce potential check fraud losses, while also enhancing overall transaction security.

Key features of Alogent Shield include:

Omni-Channel Fraud MitigationReal-Time MonitoringAccount Holder Scoring Model

For institutions seeking enhanced protection, Alogent Shield+ integrates advanced artificial intelligence and computer vision capabilities that deliver unparalleled defenses against check fraud. By analyzing 24 document attributes in real-time and comparing new checks against existing profiles, Alogent Shield+ significantly reduces false positives and streamlines manual reviews.

Alogent Shield+ includes the following additional features:

AI-Powered Fraud DetectionCloud-Hosted Consortium24/7 Comprehensive Security Framework

Click here to learn more about Alogent Shield and Alogent Shield+.

About Alogent
Alogent provides proven, end-to-end check payment processing, digital, online, and mobile banking, and enterprise content and information management platforms to financial institutions of all sizes, including credit unions, community banks, and some of the largest national and international institutions. Our unique approach spans the entire transaction ecosystem — capturing and digitizing transaction data, exception tracking, and automating entire transaction and loan management workflows so that information is available across the enterprise. Alogent’s solution suites leverage the latest in machine learning and predictive analytics, including enterprise-wide data intelligence and reporting solutions that enable financial institutions to deliver products and services that boost engagement through personalization and data-backed decisions. Learn more about Alogent at http://www.alogent.com.

Media Contact

Wendi Klein, VP Marketing & Communication, Alogent, 6789660844, pr@alogent.com, Alogent

Twitter

View original content:https://www.prweb.com/releases/alogent-launches-alogent-shield-advanced-check-fraud-mitigation-suite-of-capabilities-utilizing-ai-and-machine-learning-to-reduce-losses-across-all-deposit-channels-302306859.html

SOURCE Alogent

Continue Reading
Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Technology

Oberon Securities Advises Keens Steakhouse in Sale Transaction

Published

on

By

Oberon Securities acted as exclusive advisor to Keens Steakhouse in the sale transaction.

NEW YORK, Nov. 23, 2024 /PRNewswire-PRWeb/ — Oberon Securities, a New York-based middle market investment banking firm, acted as exclusive advisor to Keens Steakhouse in the sale transaction announced yesterday.

With more than 70 senior bankers serving businesses across the country and around the world, Oberon is one of the fastest growing New York City based middle-market investment banking firms. Its clients benefit from the market credibility associated with the firm’s longstanding relationships with many of the nation’s largest and most prestigious institutional investors. Oberon’s approach has generated numerous long-term, multi-transaction client engagements and attracted investment bankers who have spent their careers working with middle-market companies.

Media Contact

Steven Alschuler, Oberon Securities, 1 917-647-2151, steve@alschulerpr.com, https://oberonsecurities.com/

View original content to download multimedia:https://www.prweb.com/releases/oberon-securities-advises-keens-steakhouse-in-sale-transaction-302314708.html

SOURCE Oberon Securities; Oberon Securities

Continue Reading

Technology

Specified Technologies Inc. Unveils Firestop Clash Management and Locator Updates

Published

on

By

SOMERVILLE, N.J., Nov. 23, 2024 /PRNewswire/ — Specified Technologies Inc. has announced their latest Firestop Clash Management (FCM) and Firestop Locator (FSL) releases. FCM automates the process of locating and assigning firestop solutions to conditions within Autodesk® Revit®, enabling firestop novices to find firestop solutions like a firestop expert. In this latest release, STI has further expanded the capabilities of FCM by integrating it with their firestop documentation and compliance tool, Firestop Locator (FSL). FSL enables contractors and facilities’ teams to document the status, location, and products used for any and all fire life safety services across a building.

In the latest update for FSL, teams can now create custom items to track any service on their project beyond the base six (Penetration, Joint, Extinguisher, Door, Damper, and Barrier). Teams can also modify the base six items to include project specific inspection and maintenance requirements and any other details that they would like to be tracked.

With this new integration, decisions made during the design phase of a building using FCM are seamlessly passed into FSL during the construction phase, giving implementation teams a jump start on work to be done. This integration also improves data integrity and eliminates the guesswork in the field of determining what firestop systems and products are to be used where.

“We’re proud of the latest releases of FCM and FSL and look forward to continuing to support the fire life safety community,” says Justin Pine, Sr. Manager of Software & Services.

Specified Technologies Inc. promotes life and building safety by developing innovative fire protection systems and accompanying digital tools that help stop the spread of fire, smoke, and hot gases. Our SpecSeal® and EZ Path® product lines are engineered for easy installation and deliver powerful performance, often resulting in lower installed costs. Since firestopping is our only business, we concentrate all our resources on providing the highest quality, fully tested, innovative firestopping solutions.

Contact: Jess Bern; jbern@stifirestop.com

View original content to download multimedia:https://www.prnewswire.com/news-releases/specified-technologies-inc-unveils-firestop-clash-management-and-locator-updates-302314629.html

SOURCE Specified Technologies, Inc.

Continue Reading

Technology

ZICC: Internet Experts Pay Attention to the Development of Artificial Intelligence

Published

on

By

BEIJING, Nov. 23, 2024 /CNW/ — During the Wuzhen Summit of the World Internet Conference, ZICC interviewed Internet experts from all over the world.

Lampros Sterg, UNESCO Chair in AI & Data Science, said that AI can accelerate social progress, but it needs to be used properly to avoid its negative effects in order to benefit citizens and society. Latif Ladid, the president of the IPv6 Forum, called for the establishment of a global governance system to allow artificial intelligence technology to serve humanity for good. South Korean computer scientist Kilnam Chon shared insights on AI’s positive role in healthcare. He urged global efforts to ensure AI safety and prevent its misuse in weapons. Indian entrepreneur Bibin Babu said he believes that AI will not replace humans, but will create more new jobs.

View original content to download multimedia:https://www.prnewswire.com/news-releases/zicc-internet-experts-pay-attention-to-the-development-of-artificial-intelligence-302314745.html

SOURCE ZICC

Continue Reading

Trending