Merchant Monitoring • KYP

Protect Your Business.
Know your Partner.

Current risk thinking relies on assessing a Merchant on their current standing – essentially, a snapshot in time when they are onboarded and then again periodically. But companies (and their risk profiles) change dynamically, every day, every hour even. Regulators are demanding that Acquirers and PSPs move to real time monitoring of merchants.

KYP is different; we deliver continuous, real-time monitoring so Acquirers and Payment Service Providers (PSPs) can onboard and do business with confidence knowing that their merchants are continuously monitored.

Acquirers and Payment Service Providers (PSPs) want to build more profitable and secure relationships with their merchants. A merchant business is risk assessed on their current standing. As we know, companies and their risk profiles change over time. What happens if you have a French regulated PSP, a German based Merchant, a Swedish director of said merchant – and they suddenly have an AML court case in Spain? This is the new world we live in and it takes constant monitoring on a truly global scale.

How KYP helps Merchant Monitoring.

Always on - just like your business

Continuously monitor business and credit risk from third parties.

Data linking

Our proprietary AI and Machine Learning graph linking database connects the dots, linking suspicious historic accounts, fake businesses and other suspect activity – highlighting patterns that allow you to make informed decision on risk.

DarkWeb scanning

KYP scans the entire history of the DarkWeb for everything from company employee breaches to indicators of website hacks.

Adverse media alerts

Real-time monitoring for references to the businesses and directors you interact with. Including early warning alerts of risk via director solvency events.

Early warnings

Alerts to ‘point of compromise’ of cardholder data and activities, e.g. typo squatting and impersonation fraud.

Actionable intelligence

No need for multiple platforms or large teams to collate and distill data. One single risk engine to empower you with real-time risk updates and powerful digital insights

Personalised risk insights user interface

Strategy and intelligence

  • Link graphing connecting known phoenix from the flames businesses
  • Build personalised charts and other visualisations
  • Perform mandatory scenario modelling for business continuity planning

Alerts

  • Corporate and director adverse media checks
  • Insolvency warnings
  • Indicators of DarkWeb compromise and data breach
  • Indicators of Trusted Organisation as a ‘Point of Compromise’
  • Understand if Trusted Organisations are adhering to their Terms of Use

Always-on risk alerts

Merchant Monitoring • KYP

  • Asynchronous 24/7 alerting system

  • Connected to the User Investigation Interface and can be linked to multiple channels such as SMS, email and telephones.

  • Risk score on every API response to support logging and record an audit trail for regulation compliance.

  • Hourly Risk Digest to expose the underlying data over API.

Reporting and case analysis

Merchant Monitoring • KYP

  • Portfolio volume alerts
    Indicates significant changes in the portfolio since last login

  • Risk analysis reporting
    Overview and breakdown of high and medium risk alerts to enable focus on immediate risks to business

  • Case analysis and reporting
    Dashboard of case status for management reporting and operational workload

  • Operational dashboard
    Overview of team activity and cases completed

  • Alerts and notifications dashboard
    Overview of open cases for management interception and reassignment when required

See our solution in action.

Schedule a demo and find out how our solution can help your business.