Enterprise Risk & Analytics

RiskNet®

Highly effective detection and prevention of fraud

Is real-time and near real-time self-service rules engine for the detection and prevention of any type of payment fraud and suspicious transactions and is used by car issuers, acquirers, PSP's and merchants around the world. It can be supplied as on premise licensed software or software as a service based in the Azure cloud.

Discover your solution

What is RiskNet®?

RiskNet® is a modular solution designed to protect the entire payment chain. There are three main configurations available which can be used independent or combined as an enterprise wide solution.

RiskNet® Acquirer is designed for merchant risk management and fraud detection for POS, ATM and payment type or channel.
RiskNet® Issuer is designed for fraud detection for card issuers and financial institutions, covering all card payment types e.g. credit, debit, pre-paid, private label, e-wallet etc. and other payment types such as Cheque, ACH and wire transfer.
RiskNet® Real-Time Rule Manager provides high performance front-end transaction validation as part of the authorisation process, enabling transactions to be declined real-time as part of the authorisation.

RiskNet® is available with ai self-service machine learning Smart Modules namely, SmartScore®, a self-service neural model builder, SmartRule™ an automatic rules generator, SmartAlerts™ a customer engagement tool and SmartIntelligence™ a BI data visualisation and analytics tool.

RiskNet® Acquirer

Designed for merchant risk management and fraud detection for POS, ATM and PSP Acquirers

RiskNet® Real-Time Rule Manager

Provides high performance front-end transaction validation as part of the authorisation process, enabling transactions to be declined real-time at source

RiskNet® Issuer

Designed for fraud detection for card issuers, covering all card payment types e.g. credit, debit, pre-paid, private label, e-wallet etc

Key Features & Benefits

Self-service and easy to use

Supports multiple artificial intelligence models 20+ with SmartScore®

Real-time and near real-time modules

Rules wizard with extensive statistical rules capability

Interface to auto rules generator - SmartRule®

Supports all card scheme recommended rule sets for issuers and acquirers

Supports single and multiple bank member deployment

Protects all payment channels and payment types including i&m-banking

Interface to real-time dashboard and BI reporting tool - SmartIntelligence™

Supports small or large merchant portfolios – 10,000 to 10,000,000+

Auto & interactive cardholder alerting by SMS, email or voice with SmartAlerts™

Want to find the solution for your sector?

ai have identified proven solutions using ai's unified, cloud payment solution, product range for a number industries. See how The ai Corporation could benefit your business.

Discover your solution

Real-Time Processing

Fraud Detection

Reduce False Positives

Processing Performance

Fraud Prevention

*Sample KPIs.

Solution Overview

RiskNet® Solution Overview

Our Customers

We continue to enhance our leadership across Australia and New Zealand in the payments market, offering world class payment solutions that are both simple and secure.

The AI platform is proven technology that will give our customers more choice and will further help MYOB to protect our customers from cyber-attacks.

Andrew Birch, Chief Operating Officer

MYOB

I first worked with Rob at aiGateway in 2010 and built a base of 30,000 customers in just over 3 years. So when it came to working on another project, I had no hesitation in picking up the phone and getting aiGateway involved again. We trust the folk at ai, that's really what it's all about in this industry. The product is so simple to use and it looks great. The aiGateway guys really do know what they are talking about and we are looking forward to expanding into the broader ai product set in the near future.

Rupert Lowery, Chief Commercial Officer

Payzone

We are a leading payments processor who use RiskNet as part of our service to our customers. The quality and reliability over the last two years has been excellent. Recently some prepaid cards issues in this region have heightened the awareness of fraud prevention with our clients, so having RiskNet available to protect all card types and channels makes us well equipped and to meet our client’s urgent needs in these regards.

Neil Pavis, Deputy Chief Executive Officer

Arab Financial Services

I recognise improvements in communication and engagement from ai over the last 12 months and we would like to leverage their expertise and experience for our next phase of development. As the payments world gets more complex we need to benchmark our performance and understand what ai can do for us in the future.

Paul Garside, Credit Risk Officer

Barclaycard

Looking for a solution from The ai Corporation? Get in touch with one of the team now

Get in touch with ai

Meet ai at upcoming events

View the next upcoming event below and get in touch with a member of the ai team.

19Feb

MPE 2019

Merchant Payments Ecosystem (MPE) is the Biggest European Payment Acceptance on Card Acquiring, Merchant Services, POS, Mobile, On-line Payments Acceptance and Interaction Beyond Payments. MPE Conferences & Community... View Upcoming Event