SquareOne Insights Information

BANKiQ™ Solutions - Comprehensive Risk coverage through Account Opening – Login – Payments and Fund Transfer A fully packaged, end-to-end Fraud risk solution that enables great Digital Payments experiences across Issuer Bank, Merchant Acquirers, Payment Service Providers (PSPs), Merchant Service Providers (MSPs), and Hybrid FinTechs. BANKiQ solution offers: >>Payments Transaction monitoring to detect frauds >>Protect integrity of Login process to prevent Account takeover (ATO) and Knowledge frauds >>Augmenting Identity proofing process to deter new account fraud BANKiQ Fraud Detection solutions maps across a typical Digital Customer journey of Account Opening – Login – Activities related to Account Actions and Payments or Funds Transfer. BANKiQ solution for Digital Payments transactions for Issuers and Merchant Acquirers can quickly assess risk for single and cross-channel transactions in real-time. With preconfigured curated fraud rules and scenarios, scored transactions can be handled automatically, with step-up auth. BANKiQ™ enables ‘true’ real-time analytics with real-time data. Real-time data plays a critical role in every data analytics strategy, allowing the businesses to run analytics, gain insights, and take real-time action on new data as events happen. The Banking and Financial Services industry require Risk Management solutions which are real-time and Preventive in nature. BANKiQ provides leading Risk Management solutions, powered by fast- data and machine learning, enabling best defence against new generation financial crimes. Our purpose is to help develop the science and technology that will enable fully autonomous cognitive applications to augment human and IT capabilities and improve business outcomes in their application areas. Our goal is to help our customers run efficiently. We do this by pursuing our unrelenting passion for the development of true AI technology that integrates problem-solving, learning and progressive improvements.