Case Study: West Coast Financial Institution boosts check fraud protection with ARGO SAND Treasury Management

Detect, Protect, and Grow Revenue

ARGO worked with West Coast Financial Institution, one of the nation’s largest regional banks, to improve payee verification and help protect clients against growing check fraud. The bank wanted a treasury management solution that could improve read rate accuracy, reduce manual decisioning, and create a new revenue stream by offering stronger fraud protection to its commercial customers.

ARGO implemented its SAND Treasury Management solution to compare issued checks against client issue files and flag exceptions for review, adding payee name matching to strengthen fraud detection. The result was a read rate above 95 percent, false positives reduced to less than 5 percent, and deployment completed in less than six months, with the bank later returning to ARGO for additional custom functionality and controlled disbursement services.