UC-409
Merchant Onboarding Risk Underwriting
Reads each merchant application and its ownership data, scores transaction-laundering and chargeback exposure, and sets the reserve.
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The Challenge
The acquirer owns the chargeback loss when a merchant fails, yet underwriters judge on a form and a website in under an hour. Application data, registry filings and past losses never meet in one place.
How It Works
- Reads merchant applications, registry filings, website content and processing history.
- Scores transaction-laundering, prohibited-goods and forward chargeback exposure.
- Returns a reserve and cap recommendation to the analyst before the boarding decision.
What It Removes
- Manual company registry and director lookups
- Eyeballing merchant websites for prohibited goods
- Flat reserve rates applied to every new merchant
Input Data RequirementsMerchant application forms, company registry and beneficial-ownership data, website and MCC declarations, processing history, prior loss cases
Output FormatPer-application risk score with recommended rolling reserve, volume cap and the evidence behind every flag
“The loss always turns up ninety days later, and by then the merchant has gone and we own the chargebacks.”