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Detective Suite
Cross-Bank Inquiry™ (CBI™)
Fraud and duplicate detection across financial institutions. Participating institutions inquire on each other's Dupe Detective™ and Fraud Detective™ systems in real time or prior to presentment.
Why it matters
Stop losses before the return
As the presenting bank, you can avoid associated losses by placing a hold on the depositor's account for the amount of the item, or by refusing the deposit, instead of waiting for the return from the owning bank. By cooperating on early identification of fraud and duplicates, financial institutions can avoid losses and reduce adjustment costs.
CBI™ enables banks to work together for real-time identification of fraud and duplicates, helping banks and payment processors prevent the withdrawal of funds associated with duplicate and fraudulent items.
Capabilities
Real-time payment validation
In addition to batch processing, CBI™ facilitates real-time payment validation across financial institutions.
Inter-bank communication via CBI Switch
The CBI Switch manages communication between all participating institutions, including participants whose duplicate and fraud solutions are not provided by CV Systems, through industry-standard (SOAP) requests.
Who can benefit
Any company that accepts financial payments and wants to validate them as soon as possible.
- Financial institutions
- Merchants
- Check cashers
- Payment processors
How it fits
Connected to the Detective Suite™
Fraud Detective™
Participating institutions inquire on each other's Fraud Detective™ systems.
Learn moreDupe Detective™
Participating institutions inquire on each other's Dupe Detective™ systems.
Learn moreDetective Suite™
The integrated set of risk management solutions for payments of all types.
Learn moreFAQ
Frequently asked questions
Do we need Fraud Detective™ or Dupe Detective™ to take part?
No. The CBI Switch also accommodates participants whose duplicate and fraud solutions are not provided by CV Systems. They can initiate cross-bank inquiries through industry-standard (SOAP) requests.
When can an inquiry be made?
In real time or prior to presentment. CBI™ supports batch processing as well as real-time payment validation across financial institutions.
What can the presenting bank do with the answer?
It can place a hold on the depositor's account for the amount of the item, or refuse the deposit, instead of waiting for the return from the owning bank.
Who can join the CBI network?
Any company that accepts financial payments and wants to validate them as soon as possible, including financial institutions, merchants, check cashers and payment processors.
Shared by every Detective Suite solution
Built to act, not just alert
Real-time ready
Full support for the industry's Faster Payments initiatives, with both batch and real-time payment processing.
Not just alerts
Integrates with your existing payment processes to remove bad items from the payment stream.
In-house or service provider
Built for SaaS and cloud environments, with optional usage-based pricing for service providers.
Let's talk about your environment.
Every CV Systems product is installed on a fixed-cost, turnkey basis and customized to your institution's IT requirements.