It is an in-flight risk assessment solution for all payments channel and fund sources – covering cards, accounts and alternate payment methods (APM).
Key features include:Multi-tenant, SaaS based solutionAPI based access for transaction scoringSupport for multiple data formats ISO 8583 and XLMChannels and message specification covered spans ATM, POS, ECOM, biometric payments, ACH, immediate payments, faster payments, check payments, etc.Rule Management system with user-friendly rule-editor, rule-verification against sandbox, rule maker-checker and rule promotion to productionSupports federated business architecture: rules can be provisioned at global level which can have bank level overrides plus banks can develop custom rulesProvides Case Management with access to central users as well as bank usersSupports AI/ML models for efficienciesEnables tracing of fund movement across accounts to support AMLEnables tracing of reported frauds to point of purchase to detect common point of purchase (CPP) to issue possible compromise reports to consumersProvides a Sandbox for Models through an innovative Model Studio
First SaaS implementation of RS IntelliEdge - Central™ is the Enterprise Fraud and Risk Management (EFRM) solution for NPCI serving the national payments pan-India, addressing all 18 channels which is operating with response time <200 milliseconds running @3500 TPS. It supports major channels: POS, ATM, E-Comm, UPI, IMPS, AEPS, CTS, NACH, Toll Collection [NETC] and bill payments. It covers key payments instruments such as Cards, Accounts, VPA, Checks, and Biometric payments.EFRM scores 150 Million transactions per day, evaluating 34K Rules with average FDR > 70% and FPR < 30%.