Protect Payment Operations With Powerful Merchant Risk Management Solutions

Merchant Risk Management Solutions
Merchant Onboarding Process

Securely onboard merchants and proactively assess their risk, all while ensuring compliance, minimizing fraud, and enhancing overall transaction security. Effectively identify potential threats and risks before the merchant is approved and onboarded. Partner with BANKiQ and integrate our Fraud Risk Compliance platform to streamline your merchant risk management.

Mitigate Merchant Risks with Merchant Onboarding Risk Scoring Solutions

As we navigate the complexities of the evolving payments landscape, managing merchant risk becomes a critical priority for Banks, PSPs, and Fintech companies. Following suit with this necessity, BANKiQ presents its advanced intelligent merchant risk management solutions that equip financial entities with comprehensive tools to protect against sophisticated payment risks. This facilitates:

Merchant Onboarding solution

BANKiQ’s solution for Merchant Onboarding Risk Management

Risk Assessment During Onboarding

Risk Assessment During Onboarding

Evaluate merchant risk exposure seamlessly with BANKiQ FRC. Our merchant onboarding risk-scoring solution delivers comprehensive risk alerts while onboarding merchant acquirers, providing financial entities with strong control over the validation process.

Real-Time Merchant Monitoring

Real-Time Merchant Monitoring

Monitor merchant transactions and behavior to determine if their business aligns with or deviates from the merchant category they are admitted to. Equip your operations with our true real-time merchant monitoring solution that provides real-time alerts for proactive risk management.

Laundering/ Fraud Detection

Laundering/ Fraud Detection

Stay ahead of payment frauds and money laundering threats by inculcating our advanced merchant onboarding risk management solutions. With intelligent fraud detection and prevention capability, BANKiQ FRC enables Banks, PSPs, and FinTechs to effectively secure their operations.

Fundamental Features of BANKiQ’s Merchant Onboarding Risk Management Solution

True Real-Time Alerts

Robust Merchant Screening

Dynamic Attribute Linking

Advanced Vigilance Capability

Intuitive Dashboard

True Real-Time Alerts

Ensure merchants you engage with are operating within safe parameters and flag those who are non-compliant by leveraging the BANKiQ FRC solution.  With our merchant risk scoring feature, effectively identify and prevent potential fraud and financial crimes, ensuring the security and integrity of your financial operations.

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Robust Merchant Screening

Screen merchants you engage with during onboarding and post-onboarding against published sanctions lists, PEP, Adverse media, and grey/black lists. Customize your own threat list in our intelligence program to enhance the due diligence process and ensure a complete risk assessment, which is imperative for regulatory compliance.

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Dynamic Attribute Linking

Reveal disguised connections to transaction laundering and fraudulent activities by utilizing the real-time attribute linking feature from BANKiQ FRC. Discover layered associations between entities, empowering a deeper understanding of potential risks. Our advanced merchant risk evaluation solution aids in indicating fraudulent behaviours, providing a holistic overview of your merchant networks.

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Advanced Vigilance Capability

Put suspicious merchants under vigilance by leveraging  the BANKiQ FRC. Empower ongoing merchant monitoring endeavors and analysis of merchant activities with our solutions, ensuring timely detection of anomalous deviations. With BANKiQ, enhance your fraud prevention strategy that facilitates constant oversight and proactively secures all financial operations.

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Intuitive Dashboard

Gain comprehensive insights with our intuitive dashboard. With a user-centric approach, our dashboard supports all analysis and visualization needs, providing financial entities with comprehensive decision-making capabilities. Reflecting real-time reliable data, it assists in identifying trends, detecting anomalies, and managing risks.

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Key Benefits of BANKiQ’s Merchant Risk Management Solution

Merchant Onboarding Risk Management Solutions

Ready to experience the power of true real-time monitoring
for your digital payment transactions?

Markets We Cater To

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Issuer Banks

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Acquirer Banks

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FinTechs

Payment Service Providers (PSP)

Payment Aggregators (PAs)

Stay Up-To-Date With Merchant Onboarding Risk Management With BANKiQ

BANKiQ’s offerings are honed through innovation and are designed to provide robust security for financial operations. With seasoned expertise in delivering comprehensive detection, response, and prevention capabilities, BANKiQ solutions are supporting banks, PAs, PSPs, and FinTechs in navigating the murky security and compliance landscape.

With an effective merchant onboarding solution, BANKiQ FRC lets you validate the risk exposure of merchant portfolios by leveraging cognitive intelligence and advanced analytics. By assessing various risk factors in real time, our platform ensures proper background checks before onboarding merchants. Stay secure, stay compliant, and stay ahead with BANKiQ’s merchant onboarding risk management solutions.

Merchant Risk Management Solutions

Our Customers

leading payments

Leading Payments And Merchant Acquisition PSP

Leveraged BANKiQ’s FRC for onboarding monitoring, real-time transaction monitoring, and merchant settlement validations.

leading payments

Leading Card Payment Processor With PA Approval From The Regulator

Payment Services Provider (PSP) with an ATV of INR 800+ billion, powered its operations with BANKiQ’s FRC for merchant on-boarding risk-scoring, sanction screening, real-time transaction monitoring, fraud management, and STR reporting.

leading payments

Top Payment Services Provider (PSP) With PA Authorization

A PSP trusted by 100,000+ merchants utilized BANKiQ FRC for onboard risk scoring, real-time transaction monitoring, fraud management, and STR reporting.

Get Started Today

Schedule a demo and discuss your fraud prevention strategy with our solutions team.








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    FAQ's

    BANKiQ FRC features its merchant onboarding solutions, which comprise risk exposure validation to assess merchant portfolios, screening capabilities against sanction lists, a threat intelligence program to customize grey/black lists, attribute linking to reveal potential fraud risks, and real-time transaction monitoring for regular oversight. With these, financial institutions can effectively manage risk, ensure compliance, and optimize the onboarding process.

    By employing advanced attribute linking, BANKiQ’s merchant risk management solutions identify disguised or layered account relationships. This feature cross-references and connects data points to uncover hidden risk associations. By integrating this solution, financial entities can proactively tackle the risk factors before onboarding merchants.

    BANKiQ’s merchant onboarding risk management solutions screen merchants against several critical lists for risk mitigation and compliance. This includes:

    • Sanctions lists
    • PEP (politically exposed persons) lists
    • Adverse media lists