Risk Management for Consumer Mobile Deposits Powered by Remote Deposit Anywhere (RDA)
Fraud impacts almost every aspect of financial services, so
you need a multi-layered approach to risk mitigation and management. And
mitigating fraud in the mobile remote deposit channel is a top-of-mind concern
for financial institutions like yours.
With JHA SmartMonitor, you get a practical approach to risk
management for your mobile deposits powered by JHA SmartPay RDA. It evaluates
mobile deposits in real time and maintains risk profiles to control how
high-risk transactions are identified, evaluated, and managed. A dynamic
transaction queue supports the review of high-risk deposits and provides the
details needed to make informed process or decline decisions. It also maintains
Adding the optional JHA SmartPay Integrated Fraud CheckSM*
means access to a national database offering a real-time view into accounts to validate
if they are overdrawn, closed, or in another high-risk status.
Working with JHA SmartMonitor, you have the control you need
with an elegantly simple interface. It leverages easy-to-understand,
easy-to-implement rules and intuitive settings that effectively and efficiently
deter fraud without requiring significant time learning, configuring, and using
SmartPayIntegrated Fraud Check real-time (in-app) messaging is only available
if the financial institution’s mobile banking application is integrated to the
latest version of the RDA API. Financial institutions should consult their
mobile banking partner for additional information.