AVON, Conn. – COCC has added Primary Payment Systems'check-fraud alert tools to the core processor's risk-managementsuite for credit unions and community banks, and one early usersays it's already paid off. COCC, a client-owned provider of coreprocessing and other technologies to more than 125 financialinstitutions, is using the Early Warning Deposit Risk Service fromPPS. Tellers simply swipe a check through a reader, which thentransmits information to be checked against PPS's EarlyWarningdatabases and provides alerts that help improve decision-making oncheck cashing and hold placement, COCC says. HarborOne Credit Unionin Brockton, Mass., has been alerted to about $2.2 million inpotentially fraudulent checks in the system's first year of use andhas deployed it at each of the $1.2 billion CU's 11 branches, saysCarrie O'Halloran, vice president and regional manager atHarborOne. “By adding the Early Warning Deposit Risk Service to ourlineup of Sentry Services, we are providing access to a provenfraud risk tool that is already providing dramatic results,” saysWendy DeMore, first vice president of product management forCOCC.