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Your members can rest easy

Sharetec provides real-time fraud monitoring, issuing an alert if a fraudulent situation is revealed during a member search, transaction, new member enrollment, new share or loan opening, or batch posting. The security alerts are based on a set of fraud conditions established in the Fraud Alert control and are completely credit union-defined so that they can be adjusted to your level of need.

Thorough credit bureau integration provides an additional layer of security for members on active duty and members that have been tagged as fraud suspects. In the event of a change of address, suspicious activity will not only be reported to your credit union staff, it will also alert your members. Sharetec will automatically generate a change of address notice to be sent to the original mailing address to verify changes. Sharetec Fraud Alerts is also linked to FinCen, OFAC, and EFunds files so that qualifying member records can be flagged as needed.

Duplicate Data Alerts:

  • # of member matches w\ same birth date
  • # of member matches w\ same cell phone
  • # of member matches w\ same email address
  • # of member matches w\ same home phone
  • # of member matches w\ same personal ID
  • # of member matches w\ same social security number
  • # of member matches w\ same work phone

Activity Alerts:

  • Address changed in last # days
  • Audio Response pin changed in last # days
  • Cell Phone changed in last # days
  • Email changed in last # days
  • HB Login changed in last # days
  • HB Password changed in last # days
  • # of withdrawals against deposits in last 24 hours
  • # of withdrawals in last # of days
  • # of withdrawals against insufficient funds
  • # of withdrawals at different locations in the same day
  • Previous denied loan application
  • Previous denied member application
  • Percent withdrawn from share of available balance
  • Percent withdrawn from an inactive account
  • Percent advanced on loan of available limit

Invalid Data Alerts:

  • Expired drivers license
  • Invalid address flag
  • Invalid identity