METHOD FOR DETECTING AND TRACKING CORRESPONDENT ITEMS FROM U.S. SUBSIDIARIES OF INTERNATIONAL BANKS

摘要

Check transaction data is analyzed to identify checks drawn on U.S. subsidiaries of international financial institutions. The accounts into which the identified checks are determined, and the owners of the accounts identified. The number, amounts, and frequency of such deposits may be indicative of certain types of fraud. Deposits of checks drawn on U.S. subsidiaries of international financial institutions may be detected across a plurality of accounts owned by the same owner at different depository institutions.