Merchant Onboarding Risk Scoring requires strong control on merchant onboarding process. However despite the best of controls and validations, Merchant Acquirers come across problems that require preventive and investigative abilities to overcome process, time and data limitations.

BANKiQ FRC solution provides ability to :

  • Screen the merchants during onboarding and post-onboarding against published Sanctions Lists, PEP & Adverse media and also available grey/black list (also creating such list under a threat intelligence program). Further it provides Merchant Onboarding Risk Scoring.
  • Ability to do attribute linking so that related businesses can be discovered inspite of disguise or layering
  • Ability to monitor transactions and activities to determine if merchants business aligns or deviates from the merchant category they are admitted
  • Ability to put merchants under vigilance