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CHEK Risk Management Suite The CHEK Risk Management Suite is designed to dramatically reduce the risk of accepting a payment which will result in a returned item and/or a financial loss due to fraud, the buyer’s intention not to consummate payment, the insufficiency of funds to accommodate the payment or an error in entering the checking account number provided. The operational inefficiency, administrative time and financial losses associated with returned electronic check payments and failed transactions can be significant. The CHEK Risk Management Suite provides three unique tools; IdCHEK, ReliaCHEK, AssureCHEK and TotalCHEK which can be deployed by the Teledraft Client. The selection of the tool set and the individual configuration of each tool can be determined by the Client with the assistance of a Teledraft risk prevention specialist in order to meet the unique needs of that Client’s business, and the risk environment in which they operate. Regardless of the type or nature of your business, Teledraft can assist you in developing an optimal transactional risk prevention solution. We provide extensive consultative and technical support to our Clients thereby enabling them efficiently devise and implement economical and practical business applications in support of electronic payment processing, banking, risk containment, reporting and system integration. | ||
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