12 Best Check Fraud Detection Software in 2025

Check fraud detection requires advanced solutions that automate identifying fraudulent checks, monitoring transactions, and assessing risks.

Below are the 12 best check fraud software options, highlighting their key features that make it easier for businesses to protect themselves from fraud.

Let’s explore!

12 Best check fraud software to safeguard your business

1. VALID Systems

VALID Systems is a leader in AI-driven risk decisioning and fraud prevention, with over 20 years of expertise in check risk decisioning.

Known for its cutting-edge innovations and patented technologies, VALID Systems is the only check fraud solution that offers its financial institution clients guaranteed coverage against check returns and check fraud losses.

Trusted by some of the nation's largest financial institutions, including PNC Bank, TD Bank, and Truist, VALID processes over $4T annually in check volume delivering.

With the emphasis on security, compliance, and operational effectiveness, VALID ensures companies remain competitive in an increasingly competitive market while protecting customer information and assets.

Key features

• InstantFUNDS©: Enables sub-second decision-making for check deposits, offering instant, guaranteed funds with a nominal fee, ensuring faster access and protection against returns.
• Real-time loss alerts (RTLA)©: Provides real-time, high-accuracy alerts for potential check fraud, helping institutions take quick action and minimize losses.
• InteliFUNDS©: Expedites 99% of check deposits for instant availability while flagging high-risk checks for further review, covering deposit charge-offs if fraud occurs.
• Check cashing: Provides guaranteed check cashing services for both On Us and Transit checks, ensuring quick and reliable access to funds.
• INclearing loss alerts: Detects fraud that others miss by using behavioral analytics and machine learning, ensuring that legitimate transactions remain unaffected.
• Deposit risk guarantees: Offers peace of mind by mitigating risk associated with check deposits, ensuring protection for businesses and customers.
• ReadyCash©: Transforms small dollar lending by using automated analytics to offer fast, affordable loans with lower risk, making lending more profitable and accessible.
• Credit+: Enhances credit underwriting by analyzing transaction data with machine learning, improving accuracy in assessing creditworthiness and reducing risk.
• Measure predict impact (MPI) score: Provides insights into account portfolio growth, helping institutions predict future account value and optimize growth strategies.
• Client business intelligence: Leverages data visualization and analytics to uncover actionable insights, driving better decision-making across various financial services.
• Financial health score: Accurately assesses customers’ financial health by analyzing behavior, enabling better targeting of products and services.
• Bank account verification & Funding: Ensures secure account funding and minimizes fraud by verifying the accuracy and legitimacy of transactions during account onboarding.
• Portfolio insights & Analytics: Provides actionable insights from business intelligence to optimize portfolio management and inform strategic decisions.

2. OrboGraph

OrboGraph offers AI-driven solutions for check processing, fraud detection, and payment automation.

Their advanced fraud detection tools, such as OrbNet Forensic AI, help businesses detect counterfeit, forged, and altered checks, significantly reducing fraud losses and mitigating risks in check clearing processes.

Key features

• Image forensics: Utilizes image forensics to prevent on-us and deposit fraud.
• Transaction analysis: Employs transaction analysis to identify and prevent fraudulent check activities.
• AI-based fraud scoring: AI-based innovations in field detection, classification, and fraud scoring enhance check fraud detection capabilities.
• OrbNet forensic AI technology: Delivers high detection rates on targeted use cases with OrbNet Forensic AI technology.

3. Unit21

​Unit21 is an AI-powered fraud prevention platform that offers solutions for detecting and investigating check fraud.

It provides real-time monitoring, customizable rule templates, and automated investigation tools to help financial institutions proactively identify and mitigate fraudulent check activities.

Key features

• Real-time payment fraud prevention: Instantly identifies and blocks suspicious check transactions, preventing fraudulent checks from being processed.
• Customizable detection logic and rules: Allows users to create tailored detection rules to address specific check fraud risks, adapting to emerging threats.
• Automated case management and investigation: Automates case generation and tracking, streamlining the investigation process and reducing manual effort.
• Risk data enrichment and consortium intelligence: Enriches transaction data with information from various sources and shares fraud trends across the industry for improved detection.

4. Argo

​ARGO Data provides fraud prevention solutions, including Teller Payments Fraud and Fraud & AML systems, to help financial institutions combat check fraud.

Their OASIS platform offers real-time detection, automated case management, and cross-channel analytics to identify and mitigate fraudulent activities effectively.

Key features

• Advanced image and transaction analysis: Uses machine learning to detect counterfeits, forgeries, and alterations.
• Real-time check fraud detection: Detects and blocks fraudulent checks at the point of presentment, integrating seamlessly with teller systems.
• Automated case management: Centralized interface streamlines case management, reducing manual work and ensuring a thorough review of suspicious checks.
• AI-powered alteration and cignature verification: Deep learning models verify check authenticity by detecting alterations and verifying signatures.

5. Actimize

​NICE Actimize provides AI-driven fraud prevention solutions, offering comprehensive tools to detect and mitigate check fraud across various channels.

Their Xceed Check Fraud solution utilizes advanced machine learning, behavioral analytics, and image analysis to identify counterfeit, altered, and forged checks in real time, enhancing detection accuracy and operational efficiency for financial institutions. ​

Key features

• Cross-channel fraud detection and risk scoring: Monitors check transactions across all channels, enabling early detection of counterfeiting, alteration, and kiting.
• Advanced machine learning and predictive analytics: Uses machine learning to identify transaction anomalies, optimized with consortium intelligence to adapt to new fraud patterns.
• Check image analysis and biometric data integration: Analyzes check images for forgeries, signature mismatches, and other inconsistencies, incorporating biometric data for additional validation.
• Automated alert and case management: Streamlines fraud operations with automated alerts and case management, improving efficiency and enabling quick resolution of suspicious checks.

6. Verafin

​Nasdaq Verafin offers a check fraud detection solution that combines behavioral evidence with consortium insights to enhance detection for complex fraud typologies.

By leveraging machine learning, check imaging, and cross-institutional data, Verafin enables financial institutions to identify and prevent fraudulent checks more effectively.

Key features

• Check fraud detection: Combines customer behaviors with deposit-side and counterparty risk analysis to reduce false positives and improve fraud detection.
• Powered by consortium insights: Leverages data from thousands of customer partners, including check images and transactions, for a complete view of check fraud without sharing PII.
• Machine learning analysis: Uses machine learning for image, transaction, and counterparty analysis, trained on a large data set to identify fraudulent check patterns.
• Cross-channel intelligence: Detects fraud across multiple payment channels (wire, ACH, instant payments) to quickly assess payee-payer relationships and improve detection.

7. Mitek Systems

​Mitek Systems provides AI-powered fraud prevention solutions, specializing in check fraud detection through its Check Fraud Defender platform.

This cloud-hosted consortium leverages computer vision and machine learning to analyze 24 check attributes, enabling real-time identification of fraudulent checks and reducing manual review efforts for financial institutions.​

Key features

• AI-driven check fraud detection: Analyzes 24 check attributes using AI and computer vision to identify suspicious transactions in real-time.
• Consortium-based fraud intelligence: Uses a secure, cloud-hosted consortium to share check profiles and fraud data, improving fraud scoring accuracy and enabling real-time decisions.
• Proprietary image analysis: Extracts data from stolen checks, account screens, and ID documents to provide alerts on potentially compromised accounts.
• MiControl fraud management console: Offers a dashboard for detecting, analyzing, and stopping check fraud, helping fraud teams triage flagged deposits efficiently.

8. DataVisor

DataVisor offers an AI-powered fraud detection platform designed to protect large enterprises from various financial crimes.

Their advanced machine learning models analyze vast datasets to detect and prevent fraud in real-time, providing proactive solutions that adapt to new fraud tactics and ensure secure transactions.

Key features

• Early detection: Their platform empowers you with early detection and adaptive response capabilities against emerging fraud attacks, which is crucial for identifying fraudulent check activities promptly.
• AI-powered fraud detection: They utilize patented machine learning algorithms to provide faster and more accurate fraud detection, enhancing the ability to detect check fraud.
• Customizable strategies: DataVisor enables the rapid deployment of strategies, allowing for quick adaptation to evolving fraud landscapes and integration of essential risk controls for various payment channels and methods.
• Real-time risk scoring: DataVisor provides real-time risk scoring, which helps in assessing the risk associated with transactions and identifying potential check fraud in real-time.

9. AFS (Advanced Fraud Solutions)

​Advanced Fraud Solutions (AFS) offers TrueChecks, a consortium-powered check fraud detection platform that provides real-time responses to counterfeit, non-sufficient funds (NSF), closed accounts, duplicates, and other fraudulent items.

The system is designed to intercept fraudulent deposits before they result in financial losses.

Additionally, it uses a database containing account and item-level information from multiple financial institutions.

Key features

• Consortium-powered database: Draws from the largest check fraud database, including data from thousands of financial institutions and third-party sources, improving detection accuracy.
• Real-time deposit fraud detection: Provides immediate responses on counterfeit, NSF, closed accounts, and duplicates, enabling financial institutions to prevent losses before they occur.
• Seamless integration with existing systems: Easily integrates with current systems via APIs or a web portal, ensuring minimal disruption and compatibility with core providers like FIS and Fiserv.
• Frontline guidance: Delivers Reg CC-recommended actions and risk assessments to frontline staff, helping tellers make informed decisions and prevent fraud at the point of presentment.

10. Alogent

​Alogent is a financial technology provider specializing in check fraud mitigation solutions for banks and credit unions.

Their Unify platform offers fraud detection across all deposit channels, including branch, remote, and self-service.

It uses advanced image analytics and machine learning to identify fraudulent activities such as altered checks, check washing, and counterfeit instruments.

Key features

• Real-time fraud detection: Analyzes check transactions instantly, enabling financial institutions to prevent fraudulent activities before funds are lost.
• Advanced analytics and machine learning: Utilizes analytics and machine learning to detect suspicious patterns, improving detection accuracy and reducing false positives.
• Image analysis: Examines check images for signs of alteration, forgery, and counterfeiting, helping to verify authenticity and prevent image-based fraud.
• Integration with payment systems: Seamlessly integrates with various payment systems, providing a unified view of check transactions and enhancing fraud detection across multiple channels.

11. Abrigo

​Abrigo offers an AI-powered fraud detection platform designed to help financial institutions combat check fraud effectively.

By integrating Mitek's advanced check image analysis with a nationwide consortium of check fraud data, Abrigo's solution enables the detection of altered items, forgeries, and fraudulent check images, providing comprehensive protection against check fraud.

Key features

• Check image analysis: Uses AI/ML-driven analysis of 24 check elements, such as handwriting and signatures, to detect altered items, forgeries, and fraudulent check images.
• Consortium data: Leverages a nationwide check data consortium to improve fraud detection accuracy and identify fraudulent checks more effectively.
• Check kiting fraud detection: Detects check kiting by monitoring account behavior for drastic changes and out-of-pattern movements related to kiting activities.
• Configurable decision engine: Combines check image analysis and consortium data with a configurable engine, allowing financial institutions to tailor the system to their specific risk profile.

Why is VALID Systems the ideal solution for detecting check fraud?

VALID Systems offers a powerful AI-driven platform that helps financial institutions prevent and detect check fraud efficiently and effectively.

Here's how VALID Systems can enhance your fraud detection capabilities:

• Automated fraud detection: Use AI-driven tools to analyze check details and transaction patterns, quickly identifying discrepancies and potential fraud without manual intervention, reducing the risk of counterfeit or altered checks being processed.
• Behavioral analytics: Leverage machine learning to detect unusual transaction patterns, flagging high-risk checks and providing actionable insights to mitigate fraud risks before they escalate.
• Seamless integration: Easily integrate VALID Systems with your existing systems to enhance fraud detection without disrupting your current operations.
• End-to-end protection: Continuously monitor checks from deposit to settlement, ensuring that fraud is detected and prevented at every stage of the process.

Ready to enhance your check fraud detection?

Book a demo today and discover how VALID Systems can automate your fraud detection and protect your business from costly check fraud risks.