Enterprise Wide Payment Processing Foundation

1 . A system comprising:

at least one processor; and

a memory coupled to the at least one processor,

wherein the memory stores:

a database including previous transaction information and a set of business rules; and

instructions that, upon execution, cause the at least one processor to:

receive, from a transaction device, transaction information of a transaction;

analyze the transaction information; and

transmit the transaction information to a payment processing device to process the transaction information, wherein the processing includes:

analyzing the transaction information based on the set of business rules;

in response to the analyzing indicating the transaction is fraudulent, generating and adding a flag to the transaction information; and

storing the transaction information in the database as previous transaction information.

2 . The system of claim 1 wherein the transaction information includes at least one of: (i) an amount, (ii) a payor, (iii) a payee, and (iv) a magnetic ink character recognition line.

3 . The system of claim 1 wherein the set of business rules include:

(i) fraud recognition rules and (ii) duplicate detection rules.

4 . The system of claim 1 wherein analyzing the transaction information based on the set of business rules includes:

receiving an indication of fraudulent activity from the payment processing device.

5 . The system of claim 4 wherein the received indication indicates that transaction parameters of the transaction exceed a known fraud threshold.

6 . The system of claim 4 wherein, based on the received indication, the instructions, upon execution, cause the at least one processor to cancel the transaction associated with transaction parameters of the transaction and generate and transmit a cancellation alert.

7 . The system of claim 1 wherein the instructions, upon execution, cause the at least one processor to, in response to the transaction being flagged, store transaction parameters of the transaction in a review database.

8 . The system of claim 7 wherein the review database is incorporated into the database.

9 . The system of claim 7 wherein a device associated with an entity can access the review database to manually review transaction parameters of flagged transactions.

10 . The system of claim 1 wherein the instructions, upon execution, cause the processor to, in response to the analyzing indicating the transaction is not fraudulent, marking the transaction as safe.

11 . A method comprising:

receiving, from a transaction device, transaction information of a transaction;

analyzing the transaction information; and

transmitting the transaction information to a payment processing device to process the transaction information, wherein the processing includes:

analyzing the transaction information based on a set of business rules, wherein a database stores previous transaction information and the set of business rules;

in response to the analyzing indicating the transaction is fraudulent, generating and adding a flag to the transaction information; and

storing the transaction information in the database as previous transaction information.

12 . The method of claim 11 wherein the transaction information includes at least one of: (i) an amount, (ii) a payor, (iii) a payee, and (iv) a magnetic ink character recognition line.

13 . The method of claim 11 wherein the set of business rules include:

(i) fraud recognition rules and (ii) duplicate detection rules.

14 . The method of claim 11 wherein analyzing the transaction information based on the set of business rules includes:

receiving an indication of fraudulent activity from the payment processing device.

15 . The method of claim 14 wherein the received indication indicates that transaction parameters of the transaction exceed a known fraud threshold.

16 . The method of claim 14 further comprising, based on the received indication, cancelling the transaction associated with transaction parameters of the transaction and generating and transmitting a cancellation alert.

17 . The method of claim 11 further comprising, in response to the transaction being flagged, storing transaction parameters of the transaction in a review database.

18 . The method of claim 17 wherein the review database is incorporated into the database.

19 . The method of claim 11 further comprising, in response to the analyzing indicating the transaction is not fraudulent, marking the transaction as safe.

20 . A non-transitory computer-readable medium storing processor-executable instructions, the instructions comprising:

receiving, from a transaction device, transaction information of a transaction, wherein the transaction information includes at least one of: (i) an amount, (ii) a payor; and (iii) a payee;

analyzing, using an interactive capture module, the transaction information;

transmitting the transaction information to a payment processing module; and

processing the transaction information, wherein the processing includes:

applying a set of business rules to the transaction information;

in response to identifying the transaction information indicates the transaction is fraudulent, generating and adding a flag to the transaction information, wherein the transaction information indicates the transaction is fraudulent based on an analysis by at least one of: (i) a fraud recognition module and (ii) a duplicate detection module; and

storing the transaction information in a database.