Question: How can I get real-time data on merchant card transactions to inform my risk assessment decisions?

If you need real-time data on merchant card transactions to make risk assessment decisions, Enigma is a great option. This platform offers a broad set of business identity and financial health data that covers more than 95% of US SMBs. It incorporates real-time merchant card transactions into its data, which can help improve signals for small business financial health and support features like real-time risk decisioning, instant KYB verification and customer and transaction screening. That makes it a good fit for financial services, merchant services and vertical SaaS companies that can benefit from better risk assessment and stronger customer relationships.

For a fraud prevention focus, Vesta offers risk scoring and real-time transaction monitoring through machine learning and artificial intelligence. Its Payment Protect service is designed to make sure risk assessments are accurate and fraud is minimized, and its Payment Guarantee service offers a frictionless customer experience. Vesta's service is geared for eCommerce retailers, financial services companies and other businesses that need to maximize approval rates while ensuring transactions are secure.

Another option is Feedzai, which offers machine learning-based advanced financial fraud detection software. It includes tools for account opening risk assessments, transaction fraud monitoring and AML/KYC compliance, and offers end-to-end fraud protection for banks, merchants and processors. Feedzai helps businesses offer frictionless account opening and digital trust while protecting customers across multiple channels and payment types.

Last, Gemini Advisory offers real-time fraud intelligence and insights to help prevent fraud and reduce risk. Its service offers visibility into the cybercriminal economy and monitors payment cards that have been compromised, corporate and customer credentials, and major criminal trends. That makes it a good option for fraud, cybersecurity and law enforcement teams that want to get ahead of fraudsters with intelligence that can be acted on.