Linker Finance Partners with Advanced Fraud Solutions for Enhanced Fraud Prevention
Linker Finance has announced a strategic partnership with Advanced Fraud Solutions (AFS) to bolster fraud prevention for community banks. In a press release, the collaboration was detailed to integrate AFS's consortium-powered fraud intelligence into Linker's business banking solution.
This partnership will incorporate AFS's real-time scoring into various banking workflows, such as commercial onboarding, funding, and payments. The integration aims to enhance the detection and automated blocking of suspicious activities, thereby reducing fraud losses and minimizing false positives. This will allow bankers to focus more on customer relationships while ensuring depositor protection.
Advanced Fraud Solutions' database aggregates fraud signals from numerous financial institutions, providing comprehensive threat visibility. This integration will enable community banks to perform real-time fraud checks during deposit account openings and funding flows, streamlining risk decision-making and improving operational efficiency.
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