Fraud Prevention Solution
by TurnKey Lender

Stop fraud in its tracks with an advanced Fraud Prevention Solution that detects and isolates potentially fraudulent applications

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Fraudsters are adapting. Financial companies have to be agile and embrace the latest fraud prevention technologies to fight back. TurnKey Lender is leading the innovation by example in this regard.

We know what keeps you up at night

Mass filing of fake applications within a short period of time

Fake documents

False personal information

Relatives on creditor’s staff

Fraud Prevention
by TurnKey Lender

Internal and External Lists

Examine internal and external lists for fraudulent users

Soft Credit Bureaus Pulls

Automate soft credit bureau pulls

Editable Black-List

Keep an automatic yet editable black-list

Fraud Prevention by TurnKey Lender combines: best practices, alternative techniques, and unique AI developed specifically for risk management and fraud prevention.

> 200^*

Number of TurnKey Lender’s Anti Fraud Rules

* And it’s constantly growing

17-35^{% **}

TurnKey Lender reduces risks on average by

** Study of TurnKey Lender’s customers

Anti-Fraud
Rules

SSN (Social Security Number)

Checks if a borrower’s SSN is unique in Database

Blacklisted

Checks if a borrower’s phone number, email, full name, SSN are listed in an internal blacklist

Bankruptcy Сheck

Number of Active Loans

Checks the number of loans the potential borrower has logged in available databases

The Presence of Relatives on Creditor’s Staff

A thorough check will find out and notify you if the borrower has connections to people on your staff

You’ll get

Fast Fraud Checks

TurnKey Lender’s AI-driven system takes seconds to run all the checks and provide the results

Fraud Alerts

The system will notify your team as soon as it there’s a suspicion of a fraudulent activity

AI-based Fraud Prevention Models

Self-learning algorithms constantly improving and learning to protect your particular business against fraud better

Enhanced Monitoring

The system will monitor every operation, application, and status change to make sure nothing gets by you

KYC Automation

TurnKey Lender helps you streamline and partly automate regulatory compliance by collecting all the necessary data and compiling reports

Real-Time Reports

Reports can be generated in real-time to make sure you don’t miss anything important

Fraud Prevention Scripts

You can use the system’s built-in fraud-prevention scripts or custom create them for your business

All Data On The One Place

All the data can be accessed quickly and safely by your employees from anywhere. The system can be deployed on the cloud or on-premises

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Capterra

Software Advice

G2 Crowd

GetApp

The key factor for choosing to work with TurnKey Lender is their expertise and dedication to our needs and requirements. Having the peace of mind our partner will deliver quality is important to us. TurnKey Lender has not disappointed us since they began working with us.

What I like about the system is that almost everything we need to operate efficiently are available. The system’s access restrictions and the initial credit scoring helped us implement internal control policies. The reports are also very helpful in determining the status of our loan portfolio and it’s real time.

Love the true cloud-based approach. Simple setup for loan products and key integrations out-of-the-box make it easy to deploy and get running. Out-of-the-box fraud checks and some limited loan application customization out of the box is nice.