Payments-risk officer must resolve whether a provider should be suspended

Situation

After a mule account receiving 14 unrelated payrolls in a week, bust-out credit-line utilization curve is what payments-risk officer can touch in a mortgage correspondent channel. Fraud Detection will live with Remove access or reverse the item versus Temporary compensating control on this Credit and Identity Fraud file.

Decision

Payments-risk officer in a mortgage correspondent channel must choose Remove access or reverse the item / Temporary compensating control / Approve a documented exception / Hold using bust-out credit-line utilization curve after a mule account receiving 14 unrelated payrolls in a week.

Hypotheses to test

• Bust-out credit-line utilization curve reads as Remove access or reverse the item once a mule account receiving 14 unrelated payrolls in a week is lined up to the same Fraud Detection population.
• Bust-out credit-line utilization curve is closer to Temporary compensating control after a mule account receiving 14 unrelated payrolls in a week; Remove access or reverse the item would over-claim this Credit and Identity Fraud extract.
• Approve a documented exception is still live in bust-out credit-line utilization curve for payments-risk officer in a mortgage correspondent channel.
• Bust-out credit-line utilization curve is missing the fact payments-risk officer needs after a mule account receiving 14 unrelated payrolls in a week; stop this Fraud Detection close.

Analysis required

• Quantify loss if the hold is released before bust-out credit-line utilization curve is complete.
• Test a one-off dispute against the first edge of a scheme around a provider should be.
• Check mule or round-trip markers in bust-out credit-line utilization curve.
• For this Fraud Detection Credit and Identity Fraud file, read bust-out credit-line utilization curve against a mule account receiving 14 unrelated payrolls in a week and write the one fact that would move a provider should be for payments-risk officer.

Recommendation

Choose Remove access or reverse the item / Temporary compensating control / Approve a documented exception / Hold on this Fraud Detection / Credit and Identity Fraud packet (bust-out credit-line utilization curve after a mule account receiving 14 unrelated payrolls in a week). The follow-on Credit and Identity Fraud action is what payments-risk officer does next: implement the option, assign an owner, and log the missing fact.