Are Fragmented Oversight and Manual Processes Putting Your PSP at Risk?
Streamline oversight and automate processes to enhance compliance, reduce risk, and protect your PSP from regulatory penalties.
Fragmented Merchant Oversight
PSPs manage thousands of global merchants spread across multiple payment rails and acquirers. Siloed data makes it hard to see combined chargeback rates, refund abuse, or brand-damaging activity, exposing providers to unexpected regulatory violations and fines.
Manual KYB Risk Assessments
Onboarding small and mid-size merchants still depends on spreadsheets and piecemeal checks. Slow, error-prone reviews create backlogs, let high-risk entities slip through, and leave PSPs vulnerable to AML or sanctions penalties.
Insufficient Real-Time Risk Visibility
Many PSPs rely on daily reports instead of live dashboards. Without transaction-level alerts, policy breaches or suspicious spikes are caught late, limiting the provider’s ability to intervene before regulators or card networks impose fines.
Regulatory Compliance Complexity
PSD2, AMLD, PCI-DSS, and regional consumer-protection rules evolve rapidly. Tracking divergent thresholds, evidence formats, and audit timelines strains compliance teams and increases the likelihood of costly non-conformity findings.
Optimize Risk Management with FraudNet's Advanced Solutions
Streamline risk management and compliance, protecting your business from fines and enhancing merchant trust.
Unified Policy Monitoring
Auto-flags chargeback, refund, and volume breaches in real time.
Millisecond Transaction Screening
Scores each CNP/CP payment for fraud and AML risk pre-authorization.
Automated KYB Orchestration
Verifies identity, ownership, sanctions, and PEPs during onboarding.
Dynamic Risk Tiering Dashboard
Ranks merchants by live performance for focused compliance action.
AI-Native Real-Time Detection
FraudNet instantly scrutinizes every transaction, dynamically adjusting to emerging fraud threats and regulatory updates. This proactive approach empowers Payment Service Providers to intercept violations before they impact the ledger, safeguarding your reputation and ensuring compliance with ease and precision.
Unified Compliance Workspace
Streamline your compliance operations with our unified console, seamlessly integrating onboarding data, transaction alerts, and audit evidence. Gain comprehensive visibility across processes, empowering your team to efficiently handle regulator inquiries and ensure robust compliance with ease.
Scalable, Configurable Rule Engine
Customize thresholds, workflows, and document retention effortlessly to align with local regulations. Our solution empowers Payment Service Providers to swiftly expand into new markets without the hassle of rewriting code, ensuring compliance and operational efficiency right from the start.
Impact & Results
Delivering Results that Matter
We don’t just promise better fraud control—we deliver tangible improvements that protect your business.
97%
Fewer False Positives
Approve more valid transactions confidently.
88%
Fraud Reduction
Experience double-digit reductions in fraud-related chargebacks
60%
Cost Savings
Save time and resources while securing your revenue.
Why FraudNet
Future-Proof Your Fraud & Risk Program
With an integrated platform designed for precision, agility, and impactful results, enabling your team to make smarter decisions, improve operational efficiency, and fuel your business growth.
Customizable & Scalable
No-code rules engine, flexible dashboards, and tailor-made machine learning models that are designed to adapt seamlessly and scale alongside your business.
End-to-End Platform
Unify fraud detection, compliance, and risk management into one powerful solution, saving valuable time and streamlining your operations.
AI Precision You Can Rely On
Reduce false positives, detect and prevent more fraud, and mitigate risk with highly accurate, real-time risk scoring and anomaly detection you can trust.
Real-Time Fraud Intelligence
Leverage advanced analytics, comprehensive reporting, and our Global Anti-Fraud Network to make faster, smarter decisions on the spot.
Testimonials
Real Success From Real Teams
Fraud.net’s flexibility has helped our AfterPay business grow by allowing us to meet our increasingly complex customer and country requirements. Their platform has enabled Arvato to increase our agility and significantly reduce fraud attacks.
Director Risk & Fraud, Arvato
FraudNet's combination of customized machine learning and flexible rules management has been transformative. We've achieved dramatic efficiency gains while maintaining robust fraud protection - a game-changer as we navigate evolving regulatory requirements.
Head of Financial Crime, Countingup
The great usability of Fraud.net is night and day when comparing it to our prior risk prevention platform. Reporting is also faster, more straightforward, and more impactful. With Fraud.net, we can easily visualize and share findings, providing our leadership with a clear understanding of the return-on-investment for our activities in real-time.
Fraud Manager, Global Financial Institution
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FAQs
What is PSP regulatory compliance?
PSP regulatory compliance refers to the adherence to laws and regulations governing payment service providers. This includes ensuring proper authorization, customer due diligence, transaction monitoring, and reporting of suspicious activities. Compliance is crucial to avoid legal penalties and to maintain the trust of customers and financial institutions.
What are the common regulatory fines faced by PSPs?
PSPs can face fines for various regulatory breaches, such as failing to implement adequate anti-money laundering (AML) measures, insufficient customer due diligence, inadequate transaction monitoring, and non-compliance with data protection regulations. These fines can be substantial and can result in reputational damage and operational disruptions.
How can PSPs avoid regulatory fines?
To avoid regulatory fines, PSPs should implement robust compliance programs that include regular risk assessments, staff training, and the use of advanced technology for transaction monitoring. It's also important to keep abreast of regulatory updates and ensure all operations align with the latest legal requirements. Engaging with legal experts for periodic reviews can also be beneficial.
Why is transaction monitoring important for PSPs?
Transaction monitoring is vital for PSPs to detect and prevent fraudulent activities and money laundering. Effective monitoring helps identify suspicious transactions that may need further investigation. It ensures that PSPs comply with regulatory requirements and maintain the integrity of the payment ecosystem, thereby avoiding potential fines and reputational harm.
What role does customer due diligence play in regulatory compliance?
Customer due diligence (CDD) is a critical aspect of regulatory compliance for PSPs. It involves verifying the identity of customers, assessing their risk level, and monitoring their transactions. Proper CDD helps prevent financial crimes such as money laundering and fraud, ensuring that PSPs meet regulatory standards and avoid fines related to inadequate customer identification processes.
How often should PSPs update their compliance programs?
PSPs should update their compliance programs regularly to keep pace with evolving regulations and emerging threats. Ideally, compliance programs should be reviewed at least annually, or whenever there are significant regulatory changes or shifts in business operations. Continuous improvement through regular training and technology upgrades is essential to ensure ongoing compliance and fine avoidance.