Lenders traditionally perform manual review of documents to inspect for file tampering, document manipulation, inconsistencies, and other suspicious activity. This time consuming, tedious, and error-prone process can result in significant losses. Ocrolus Detect automates fraud workflows, providing detailed signals and clear visualizations of fraudulent activity undetectable to the human eye.
"As the lending industry shifts to digital loan application processes, fraud is rapidly increasing and becoming more difficult for humans to catch," said John Forrester, SVP of Product at Ocrolus. "Detect enables lenders to quickly and confidently process more loans by proactively providing them with clear and reliable fraud signals."