COR.IQ
Analytics & Data Services
Harness the power of Symcor's networked data ecosystem and fraud alliance: COR.IQ
Join our powerful fraud-fighting network
Alliance of Financial Institutions Fighting Fraud
COR.IQ is an alliance of
Canadian financial institutions (FIs) that leverages networked data to flag
suspicious transactional activity, helping to proactively alert members to suspected
fraud.
Fraud Detection powered by Artificial Intelligence & Advanced Analytics
COR.IQ applies data analytics and artificial intelligence to networked data to detect potential anomalies and generate alerts. This helps FIs examine the risk profile of transactions and establish their trust in them with speed, accuracy, and ease.
COR.IQ: Security & Trust
COR.IQ is designed with privacy at the forefront of every layer, creating a secure framework for the alliance to leverage fraud insights with confidence. Backed by a strong foundation of security and industry-leading data governance controls, COR.IQ helps FIs maintain customer trust while providing a convenient and frictionless service experience.
Harness the power of an alliance-based approach to fight fraud. Protect your customers and reduce your fraud losses through the COR.IQ Alliance
Holistically address cheque fraud
Symcor’s Cheque Fraud Solution (CFS) takes a holistic approach to fighting cheque fraud. CFS uses advanced analytics to identify high-risk cheque deposits that could lead to potential losses.
CFS generates a variety of proprietary fraud signals that inform FIs about fraudulent activity. CFS is designed to help alliance members stay ahead of rapidly evolving fraud tactics.
Explore our Cheque Fraud Solution Capabilities
Detect Fraud in Real-Time
Explore our Cheque Fraud Solution API Capabilities
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Cheque Fraud Solution Foundational
Holistically address cheque fraud
Get in TouchSymcor’s Cheque Fraud Solution (CFS) takes a holistic approach to fighting cheque fraud. CFS uses advanced analytics to identify high-risk cheque deposits that could lead to potential losses.
CFS generates a variety of proprietary fraud signals that inform FIs about fraudulent activity. CFS is designed to help alliance members stay ahead of rapidly evolving fraud tactics.
Explore our Cheque Fraud Solution Capabilities
Duplicate ChequeIdentifies duplicate deposits, both intra-bank and across participant member banks.Behavioural AnalyticsAnalyzes new cheques against known chequing transactions to detect anomalies.Government Cheque FraudAnalyzes government-issued cheques for alteration or counterfeits. -
Cheque Fraud Solution API
Detect Fraud in Real-Time
Symcor's CFS API Solution utilizes COR.IQ network intelligence to generate fraud signals at the point of deposit, in real-time. Financial institutions (FI’s) are able to prevent suspected fraud and avoid losses by making quick and accurate decisions to hold or release funds.Get In TouchExplore our Cheque Fraud Solution API Capabilities
Real-Time APIReceive fraud indicators in real-time by querying CFS.Account Status LookupQuery account validity and status across participants.Balance SignalVerify cheque details at source, confirming availability of funds in the cheque issuing account at the time of deposit.
COR.IQ – Innovate, Collaborate, and Accelerate Change
"The dialogue between our organization and Symcor had been very open and transparent. They know our business and provide their expertise in a timely and targeted manner."
COR.IQ Alliance Member, one of the top 5 Financial Institutions in Canada
Fueled by new technologies, see how we are helping move the industry forward.
