RevealCheck provides automated bank validation, maker and presenter phone look-up, as well as industry-specific check cashing history for both the maker and the presenter. Plus, the CoreLogic® Teletrack™ solution leverages our vast source of demographic records to provide even more in-depth information to assess risk.
RevealCheck is accessible online or via XML interface. Simply key in the maker, presenter and check information provided at the point-of-sale and scan the check. An easy-to-read RevealCheck Report will appear on your screen within seconds. Feel confident cashing all types of checks by accessing the check cashing history of payroll, government, insurance and personal checks.
Maker And Presenter Check Cashing History
The RevealCheck report provides you with detailed information about the maker, including how long the maker has been in the RevealCheck database, the name on file, number of bank accounts, number of checks reported, as well as any non-sufficient funds (NSF) activity associated with the maker.
The RevealCheck report also provides industry-specific information regarding the presenter. Learn how frequently the presenter uses check cashing services, the name on file and date-of-birth. You can also validate the presenter’s Social Security number, and obtain related identity verification information.
Bank Validation Information
The RevealCheck report provides details regarding the maker's account and helps you detect checks that may possibly be fraudulent. The report will provide a response, which indicates the risk associated with the bank account. Teletrack will return one of five possible bank responses - very high, high, moderate, low or no hit. Each response translates to specific responses provided by the issuing bank. For example, a response of low indicates that the account is open and has a positive balance.
CoreLogic Teletrack also calculates the expected check digit and confirms that the digit is valid. A check digit consists of a single digit computed from the other digits in the Routing number contained in the MICR line. CoreLogic Teletrack analyzes the fractional representation of the MICR line, typically referred to as the fractional form, which is located in the top, right corner of a check. CoreLogic Teletrack reports back to you whether the fractional form is valid or invalid in relationship to the routing information submitted.
Phone Validation
You no longer have to spend time searching the Internet to find the maker and presenter phone numbers or making calls to determine whether or not the contact numbers you are given are accurate. Gathered from utility and cell phone companies as well as the phone directory, RevealCheck obtains the name associated with the maker, presenter or reference numbers.
