Assess whether a claims ring exists or is coincidental overlap (adc01c)

Situation

A claims ring exists sits with payments-risk officer because a check deposited in two banks the same afternoon hit an ACH originating credit union. Evidence is ACH return-reason code R10 spike; write the Fraud Detection Payments Fraud option that extract can carry.

Decision

Payments-risk officer in an ACH originating credit union must choose A claims ring exists / Is coincidental overlap using ACH return-reason code R10 spike after a check deposited in two banks the same afternoon.

Hypotheses to test

• Payments-risk officer can defend A claims ring exists from ACH return-reason code R10 spike after a check deposited in two banks the same afternoon in a Fraud Detection challenge.
• Payments-risk officer cannot defend A claims ring exists from ACH return-reason code R10 spike; Is coincidental overlap is what the extract actually supports after a check deposited in two banks the same afternoon.
• A check deposited in two banks the same afternoon never reached the population in ACH return-reason code R10 spike — reopen intake, do not close a claims ring exists.
• Two facts in ACH return-reason code R10 spike after a check deposited in two banks the same afternoon conflict for payments-risk officer; hold this Payments Fraud file.

Analysis required

• Quantify loss if the hold is released before ACH return-reason code R10 spike is complete.
• Test a one-off dispute against the first edge of a scheme around a claims ring exists.
• Check mule or round-trip markers in ACH return-reason code R10 spike.
• For this Fraud Detection Payments Fraud file, read ACH return-reason code R10 spike against a check deposited in two banks the same afternoon and write the one fact that would move a claims ring exists for payments-risk officer.

Recommendation

Choose A claims ring exists / Is coincidental overlap on this Fraud Detection / Payments Fraud packet (ACH return-reason code R10 spike after a check deposited in two banks the same afternoon). Lead with the Fraud Detection option ACH return-reason code R10 spike can support after a check deposited in two banks the same afternoon, then the two facts that force it, then the Monday action for payments-risk officer in an ACH originating credit union.