Payments firms face immense competitive pressure and must offer attractive rates in order to attract and maintain merchants. However, extensive compliance requirements demand a smart balance between speed and risk management.
Often, disparate origination, risk decisioning, transaction monitoring and payment processors make quick, efficient, and compliant service. With Provenir, you gain a unified, agile platform that streamlines merchant onboarding, KYC, risk analytics and decisioning, AML and fraud processes.
With Provenir you can:
- Accelerate merchant onboarding and decrease acquisition costs with visually configurable integration adapters that simplify aggregation from structured and unstructured data sources.
- Simplify compliance with KYC built into the merchant onboarding process.
- Automate decisioning with easily operationalized, industry-standard risk models built in R, SAS, Excel, and PMML.
- Automate AML processes that monitor transactions, identifying and flagging behaviors associated with money laundering or fraud.
- Rapidly accommodate business and regulatory change with visual configuration tools to quickly configure, test and optimize user interfaces, rules, processes and integrations without any programming or dependence on Provenir.