Payment Processor
RiskNet is aiCorp's flagship fraud management solution and has a fully multi-banking, multi-portfolio capability, which makes it ideal for implementation within a processing environment.
Extremely powerful, simple to use and with easily adaptable functionality, RiskNet can:
- dramatically reduce card fraud losses
- improve efficiency and
- increase profitability
Depending on where your operations sit within the transaction authorisation-payment cycle, payment processors may need one or both of the RiskNet Issuer and RiskNet Acquirer solutions.
Typically, customers consistently achieve more than 70% fraud detection with RiskNet, which is an extremely cost-effective system that provides a rapid return on investment.
This highly intuitive, predictably scaleable solution can meet any practical performance requirements - from those of the smallest processors right up to the largest.
The following features are likely to be of particular interest to processors:
- All rules, parameters and data feeds can be set up separately for each portfolio
- Screens can be customised by organisation and by portfolio
- All security can be organised on a portfolio basis
- Operators and administrators can be set up to look at all banks, groups of banks or an individual bank
- Reports can be created on a portfolio basis
- Fully multi-currency at both transaction and settlement levels
- System can be multi-lingual
- RiskNet can be interfaced into multiple bank systems and into multiple authorisation hosts
