COR.IQ
Analytics & Intelligence
Harness the power of Symcor's networked data ecosystem and fraud alliance.
Join our powerful fraud-fighting network
New! Image Verify from Symcor
Powered by the COR.IQ alliance, Image Verify uses advanced technology to rapidly verify documents, allowing clients to mitigate fraud losses.

Alliance of Financial Institutions Fighting Fraud
The COR.IQ Alliance is a group of Canadian financial institutions that leverages networked data to flag suspicious transactions, helping to proactively alert members to suspected fraud.

Fraud Detection Powered by Machine Learning & Advanced Analytics
COR.IQ applies data analytics and machine learning to networked data to detect potential anomalies and generate alerts. This helps financial institutions 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 financial institutions maintain customer trust while providing a convenient and frictionless service experience.

Harness the power of a network-based approach to fight fraud. Protect your customers and reduce your fraud losses through the COR.IQ Alliance.
Holistically address cheque fraud
Symcor’s Verify takes a holistic approach to fighting cheque fraud. It uses advanced analytics to identify high-risk cheque deposits that could lead to potential losses.
Verify generates a variety of proprietary fraud signals that inform financial institutions about fraudulent activity. It is designed to help alliance members stay ahead of rapidly evolving fraud tactics.
Explore our Verify capabilities
Detect fraud in real-time
Explore our Instant Verify capabilities
Detect cheque fraud with document image verification
Symcor’s Image Verify utilizes COR.IQ network intelligence to detect fraud before funds are released. It utilizes advanced Optical Character Recognition technology which scans hundreds of thousands of cheques daily. Image Verify leverages networked data to maximize fraud detection.
Explore our Image Verify capabilities
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Verify
Holistically address cheque fraud
Get in TouchSymcor’s Verify takes a holistic approach to fighting cheque fraud. It uses advanced analytics to identify high-risk cheque deposits that could lead to potential losses.
Verify generates a variety of proprietary fraud signals that inform financial institutions about fraudulent activity. It is designed to help alliance members stay ahead of rapidly evolving fraud tactics.
Explore our Verify 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. -
Instant Verify
Detect fraud in real-time
Symcor's Instant Verify utilizes COR.IQ network intelligence to generate fraud signals in real-time. Financial institutions are able to prevent suspected cheque fraud and avoid losses by making quick and accurate decisions to hold or release funds.Get In TouchExplore our Instant Verify capabilities
Real-Time APIReceive fraud indicators in real-time by querying Verify.Account Status LookupQuery account validity and status across participants.Balance SignalValidate cheque details at source, confirming availability of funds in the cheque issuing account at the time of deposit. -
Image Verify
Detect cheque fraud with document image verification
Get In TouchSymcor’s Image Verify utilizes COR.IQ network intelligence to detect fraud before funds are released. It utilizes advanced Optical Character Recognition technology which scans hundreds of thousands of cheques daily. Image Verify leverages networked data to maximize fraud detection.
Explore our Image Verify capabilities
Payee Name MatchDetects cheques that do not belong to the deposit owner.Cheque Stock VerificationDetects cheques that contain characteristics not consistent with historical cheques drawn on the same account.Counterfeit Cheque TemplateThe system flags any cheques taken on deposit that are highly suspicious of being counterfeit cheques based on known fraudulent cheque templates.
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
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