Transactional Risk & Fraud Prevention

 


 

The Transactional Risk & Fraud Prevention (TR&FP) department’s main role is to protect the client and the Bank from financial loss. More specifically, they prevent and mitigate fraud, or if it has already occurred, identify and mitigate further losses due to fraud for all clients of Capital City Bank. They are experts who assist our associates with preventing fraud and help clients with scams. TR&FP’s fraud-prevention efforts are Bank-wide and involve cooperating with several different departments. 

 

E-mail TR&FP or contact a specific TR&FP associate.

 

Learn more about the ways Transactional Risk & Fraud assists our clients:

 

Error Resolution Disputes – Unauthorized Electronic Transaction

  • Dispute letters: provisional credit, final credit, delay of final credit, and denial 
  • Dispute on behalf of the client: defective or dissatisfied with merchandise, and similar
  • Posting credits/debits to accounts
  • Refund fees due to dispute
 

Service Level: Reg E mandated

 

Debit Card Transaction Monitoring


 

Service Level: Same day

 

REDi Debit Card Rules – Block Transactions

  • Establish rules to block transactions based on current debit card fraud trends.
  • Establish rules based on velocity within a given time period by merchant and/or location.


 

Service Level: On demand

 

See RediVerify Fraud Protection Services

 

Synapsys Events – Maintenance Input

  • Debit Card (DC) Forced Authorization: client contacted by phone. 
  • DC Transaction Exception
  • DC PIN Reset
  • DC Travel
  • Forgeries: credit account and complete investigation with client.


 

Service Level: Within 30 minutes

 

Zelle® Transaction Fraud Monitoring

  • Contact client by phone.
  • Suspend service until suspected transaction(s) can be confirmed.
  • Credit client if confirmed fraud. 


 

Service Level: Immediate  

 

Yellow Hammer/Fraud Detective – Unusual Activity Review

  • Freeze and message account if analyst suspects fraud.
  • Contact client by phone or have office associate contact client.
  • If fraud is confirmed, account closure procedures are followed.
  • Place hold on deposit and mail hold notice to client, if determined necessary.


 

Service Level: Same day

 

Mobile Deposits


 

Service Level: Completed by 9:00PM

 

SATM Deposits

  • Place hold on deposit and mail hold notice to client, if determined necessary.


 

Service Level: Completed by 10:00PM

 

Red Flags


 

Service Level: Immediate

 

Online Bill Pay

  • Contact client to confirm out-of-the-norm Bill Pay transactions.
  • If unable to contact client, Bill Pay is canceled.


 

Service Level: Same day

 

Chargeback Monitoring

  • Place alert message to place extended hold on account if it is determined that client has excessive chargebacks, same deposited items are being returned, or return was due to fraud.


 

Service Level: Same day

 

See Chargeback Notifications

 

Q2 – Bank Online Suspect Transactions

  • Review and approve transactions placed on hold due to out-of-norm transaction.
  • If unable to approve, an e-mail is sent to eBanking to contact client for approval.


 

Service Level: Same day

 

Deposit Fraud

  • Client contacted if account activity indicates possibility of financial elder abuse, romance, or any other type of money scam.
  • Freeze account until investigation can be completed.
  • Law enforcement contacted for wellness and/or to gather evidence of scam, when necessary.


 

Service Level: Same-day client contact

 

Suspected Wire Transactions

  • Contact client to confirm unusual incoming and outgoing wire transfers.
  • If fraud is confirmed, wire is either sent back or recall request is submitted.
  • Place hold if necessary; if fraud is confirmed, account closure procedures are followed.


 

Service Level: Same day

 

Monitor Incoming Employment and Small Business Administration (SBA) Deposits

  • Review deposits for mismatch name, multiple deposits, state sending benefit does not match client’s address, and/or large-dollar deposits.
  • Place hold if fraud is suspected until the deposit(s) is validated. 
  • Return deposits if fraud is determined. 
  • If applicable account closed, client sent same-day or 10-day closing letter.


 

Service Level: Same day

 

Fraud Alerts


 

Service Level: As needed

 

Incoming and Outgoing Collections – Counterfeit or Unauthorized Items

  • Credit or debit client
  • Mail client copies of check(s) to account


 

Service Level: Within 5 days 

 

 

 

Important, Related Links:

 

 

View Transactional Risk & Fraud Prevention's public documents on netinterest.

 

Job Positions

  • Financial Crimes Analyst I 
  • Financial Crimes Analyst II
  • Financial Crimes Analyst Team Lead
  • Assistant Manager
  • Transactional Risk & Fraud Prevention Manager
 

 

 

 

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