Finovifi, a provider of AI-driven fraud prevention, compliance technology, and core processing solutions for community financial institutions, announced it has acquired Turner Software Technologies, the developer of the Teller21 teller automation platform.
The deal adds more than 50 community bank clients to Finovifi’s ecosystem and supports the company’s strategy of embedding real-time fraud detection directly into teller operations.
As part of the acquisition, Turner Software founder and president Jerry Turner will join Finovifi as senior vice president of engineering. In his new role, Turner will partner with chief technology officer Terry Ray to lead product development and drive platform innovation.
Teller21 has long been integrated with Finovifi’s MBS core platform, supporting teller workflows and transaction processing. With the acquisition complete, Finovifi plans to deepen that integration by embedding its flagship check fraud detection engine, FraudSentry, directly into the teller workflow. The move is designed to turn the teller line into an active fraud prevention checkpoint rather than a passive processing function.
The company also introduced FrontLine Sentry, a real-time teller fraud prevention platform built specifically for community banks. Unlike traditional teller systems that rely on post-transaction monitoring, FrontLine Sentry delivers fraud risk analysis before a transaction is completed, enabling banks to identify and stop suspicious checks before funds leave the institution.
FrontLine Sentry allows tellers to scan checks and receive instant fraud risk analysis, identify suspicious items prior to posting, reduce back-office fraud investigations, and strengthen compliance visibility at the point of transaction.
The new platform integrates with Finovifi’s broader fraud and compliance suite. FraudXchange monitors dark web marketplaces and illicit data sources to detect stolen checks and compromised payment information before criminals can exploit them. BSA Guardian provides real-time AML monitoring, streamlines case management, and automates Suspicious Activity Report preparation to reduce manual compliance workloads. Together, these technologies aim to deliver layered fraud protection across teller transactions, digital channels, and external criminal networks.
Turner Software Technologies, founded in 2004, has served community banks nationwide with its Teller21 platform, which is designed to reduce transaction errors, eliminate paper tickets, and strengthen compliance controls.
Finovifi focuses on empowering community financial institutions with AI-driven fraud prevention, compliance automation, core processing solutions, and digital banking technology tailored for community banking.
KEY QUOTES:
“Integrating Teller21 with Finovifi’s fraud and compliance technologies creates something truly powerful. FrontLine Sentry will give community banks real-time protection at the exact moment it matters most — at the teller line.”
Jerry Turner, Founder And President, Turner Software Technologies; Incoming Senior Vice President Of Engineering, Finovifi
“By uniting Teller21 with real-time fraud intelligence, we’re giving banks a defense system that operates where fraud happens — at the front line.”
Russell Taylor, President, Finovifi
