SQN Banking Systems

SQN Banking Systems, established in 1983, is a leader in fraud protection solutions, having pioneered the first PC-based signature check verification system. The company offers a comprehensive suite of software products designed to combat various types of fraud, including check, credit card, and mobile fraud. Their services cater to financial institutions of all sizes, and they provide both on-premise and hosted solutions to enhance operational efficiency and competitiveness.

Key Offerings:

• Managed Fraud Services: Partnering with Quatrro, SQN delivers 24/7 transaction monitoring utilizing advanced technology combined with human intelligence. Their services include fraud process reviews and cyber threat intelligence, ensuring compliance with international data security standards.

• Cyber Threat Intelligence: In collaboration with Q6 Cyber, SQN focuses on proactive cyber threat detection and rapid breach response. This service aims to identify potential threats before they lead to attacks and enables organizations to respond swiftly to minimize damage.

• Real-Time Fraud Analysis: The SENTRY: Fraud Alert™ system provides immediate feedback on potentially fraudulent activities at the point of transaction, significantly reducing losses by detecting fraud earlier in the process. This service supports checks, debit cards, and ACH transfers.

SQN Banking Systems emphasizes the importance of safeguarding financial assets and ensuring customer safety through innovative fraud prevention strategies. Their commitment to ongoing adaptation in the face of evolving fraud tactics is key to their role in the financial landscape.