4Stop, a provider KYC, compliance and fraud prevention solutions, has partnered with Web Shield and launched its global merchant underwriting solution.
4Stop’s platform now enables businesses to perform investigations on their merchants to mitigate any risks hidden within business relationships and to obtain a confident, compliant and secure merchant onboarding process. Web Shield equips the payments industry with tools that protect businesses from merchants involved in illegal or non-compliant activities.
The company will leverage Web Shield’s InvestiGate product, which provides risk analysis and recommendations with results delivered in near real time.
Along with its business investigation services, 4Stop said it will provide businesses with further risk analysis techniques including utilising their KYC suite to perform enhanced due diligence on businesses directors in real time.
Paired with the ability to easily activate additional risk rules through 4Stop’s real-time risk engine, businesses can also expand their investigation processes and ensure they facilitate merchant underwriting and onboarding to their specific risk threshold authorization allowance.
“We are thrilled to have partnered with Web Shield, who are truly the leaders in servicing digital investigations for underwriting and onboarding merchants. Together, we look forward to facilitating our combined services and helping businesses globally to effortlessly manage their risk models and onboard their merchants with confidence and trust,” said 4Stop CEO and co-founder Ingo Ernst.
4Stop’s merchant underwriting solution is now live and operational, meaning businesses can implement its KYC, compliance, anti-fraud and merchant underwriting all via a single API integration.
Copyright © 2018 RegTech Analyst
Copyright © 2018 RegTech Analyst
