"Banker’s Toolbox provided a level of personal interest in addressing our needs that I had never experienced before with a vendor. The consulting team answered our questions in a fast and accurate manner, and I felt comfortable approaching them with anything. Although we finished our original implementation several years ago, Banker’s Toolbox still checks in with us frequently to ensure the system is functioning and see if they can help in any other ways.”
-Ging Siromaskul Vice President BSA/Risk Management Officer
Devon Bank
Check kiters think they are clever enough to beat the system. Now you can use the system against them with Kite Manager™ from Banker’s Toolbox.™ This affordable solution simplifies the identification of suspects and provides quick online review tools without cumbersome paper reports.
Identification of Check Kiting suspect activity, quickly and accurately.
Graphical display of the usage of uncollected funds over a select period, simplifying the identification of kiting suspects
Reviews suspects online and can eliminate paper reports; maintains transaction history for each account
Customizable parameter settings for customer specific concerns
Kite Manager™ is designed to be utilized over any desired review period
Kite Manager™ uses an advanced rules based filtering engine, with user-defined parameters
Complete Audit Log of exceptions in Data Collection Process to insure accurate importation of data
Ability to log research comments for future reference or for printing
Ability to exempt certain accounts from appearing on the report
Check kiting activity costs the financial industry millions each year. Check kiting involves individuals floating worthless checks between accounts established at two or more institutions. The underlying premise of check kiting is the customer’s ability to gain access to deposited funds before they are collected.
To minimize the risk of check kiting, there are several internal controls that institutions can use to identify suspicious activity. One of these is to implement an online analysis system that can identify potential check kiting suspects and suspect transactions.
Contact Us Today
Having a check kiting solution in place frees you to focus on serving legitimate customers. When you partner with Banker’s Toolbox,™ you can be assured of proven performance and top customer support. Contact us today to see how easily Kite Manager™ can be integrated into your existing core processing system.
Community Business Bank's Success Story
