Abstract: Transfers of money into a recipient account are analyzed for risk of fraud by using a fraud monitoring system to analyze characteristics of the recipient account. The recipient account characteristics are stored in a central database, which has account data (for recipient accounts) contributed from a plurality of financial institutions that maintain such accounts. When a transfer is made or attempted, the stored characteristics of the recipient account are analyzed and a risk score is assigned to the transfer based on the recipient account. If the risk score indicates a suspicious or fraudulent transaction, an alert is provided. In an alternative embodiment, the risk analysis may be supplemented by analysis of transaction data association with the transfer.

Abstract: Account data (e.g., account balance, account identifiers, account holder information and transaction data) for accounts at a plurality of financial institutions are stored at one or more databases within an account database system. The account data may be accessed in response to various requests (asset search request, as a verification request and income verification request). Transaction data for an account (such as ACH transaction messages) may be used to identify or verify income to an account holder, based on deposit/credits to the account.

Abstract: Systems and methods of the present invention detect and/or deter individuals who may be collecting or intending to collect unemployment insurance (UI) benefits and simultaneously receive pay from an employer. Embodiments identify, during either initial screening of a UI applicant or on an ongoing basis for current recipients, those individuals who would seek to defraud UI programs by receiving improper payments. Methods include locating account information in databases from one or more (preferably, a plurality) of financial service organizations pertaining to deposit (or other) accounts for an individual applying for benefits, analyzing deposit transactions into those accounts, determining whether the individual is likely to be receiving deposits from employment or wages, and providing information to an entity such as a government agency regarding likely employment deposits for the individual.

Abstract: Systems and methods of the present invention detect and/or deter individuals who may be collecting or intending to collect unemployment insurance (UI) benefits and simultaneously receive pay from an employer. Embodiments identify, during either initial screening of a UI applicant or on an ongoing basis for current recipients, those individuals who would seek to defraud UI programs by receiving improper payments. Methods include locating account information in databases from one or more (preferably, a plurality) of financial service organizations pertaining to deposit (or other) accounts for an individual applying for benefits, analyzing deposit transactions into those accounts, determining whether the individual is likely to be receiving deposits from employment or wages, and providing information to an entity such as a government agency regarding likely employment deposits for the individual.

Abstract: Account data (e.g., balance information) for accounts at a plurality of financial institutions (or government agencies) is stored (and updated) in a central database system and accessed using a personal identifier, such as a social security number. Risk data may be generated for accounts based on the account data. The account data and risk data are accessed in response to either an account search request (e.g., from a government entity and relating to a benefits program or a subpoena) or an account verification request (e.g. from a mortgage company and relating to a mortgage application).

Abstract: Transfers of money into a recipient account are analyzed for risk of fraud by using a fraud monitoring system to analyze characteristics of the recipient account. The recipient account characteristics are stored in a central database, which has account data (for recipient accounts) contributed from a plurality of financial institutions that maintain such accounts. When a transfer is made or attempted, the stored characteristics of the recipient account are analyzed and a risk score is assigned to the transfer based on the recipient account. If the risk score indicates a suspicious or fraudulent transaction, an alert is provided. In an alternative embodiment, the risk analysis may be supplemented by analysis of transaction data association with the transfer.