lnConRadar® - Continuous Merchant Website and Risk Factor Monitoring

​​Your merchants are targets. The best way to keep your portfolio on the up-and-up and to avoid suspicion of impropriety

is intelligent, intense and constant monitoring.

Relentless Know Your Customer (KYC) Due Diligence is a Reality

Today, your business is under increasing pressure to keep a close eye on what the merchants in your portfolio are doing.Visa's Global Brand Protection Program (GBPP), MasterCard's Business Risk Assessment and Mitigation (BRAM) compliance program, Federal Anti-Money Laundering (AML) requirements and more require you to make SURE the merchants in your portfolio are safe, secure, compliant and legitimate during onboarding and constantly thereafter.

However, doing so represents a significant business burden that is difficult to manage from a time, resource and financial standpoint. Until now.

Leverage InConRadar for Nonstop, Automated KYC Merchant Website Monitoring

lnConRadar from Conformance Technologies is a continuous merchant website and risk factor monitoring service. Suspicious commercial activities, plus potential image damaging circumstances and businesses practices are identified that require further acquirer or payment processor investigation. InConRadar can be used before onboarding and regularly thereafter.

lnConRadar deep crawls merchant e-commerce websites to identify and capture any suspicious activity or findings of impropriety before merchant onboarding and constantly thereafter, automating the due diligence and data gathering process.

Payment processing risk managers receive immediate alerts of any findings requiring further investigation. When an InConRadar finding is confirmed, specific actions can be taken to remediate or terminate an offending merchant. When a finding is unsubstantiated, the suspect business activity or practice can be cleared from future InConRadar scans within seconds.

Functionality

• All merchant website pages, words, phrases, pictures, graphics and links are scanned with no limits
  
• Applicable merchant social media profiles and posts are scanned with no limits
  
• Merchant prohibited word list and threat profile continuously updated real-time
  
• Graphical images evaluated for potential deception
  
• Counterfeit goods and brands identified
  
• Merchandise return and privacy policy change monitoring
  
• Foreign website hosting exposed
  
• False-front merchants discovered
• Fake celebrity endorsement claims uncovered
• Transaction laundering activity detected.  
• Shopping card and alternative payment acceptance assessed to ensure utilization of secure tools, processes and vendors
  
• Merchant website down alerts for both merchants and portfolio operators
  
• Continuous scanning - as frequently as every five minutes
  
• On-demand merchant preboarding scanning module
  
• Automatic archive for each crawl session
  
• Permanent COMPLETE archive of all incidents
  
• Sleep function enables easy issue handling without shutting-off and reporting merchants for infrequent or minor issues
  
• Custom risk category scans can be initiated based on risk manager concerns
  
• Incident performance tracking identifies employees who effectively handle incidents and those needing help

New TransactionTrap™ Functionality!

TransactionTrap employs a sophisticated, proprietary algorithm to identify suspect goods and services, and/or merchants. Questionable items offered for sale from websites are identified, purchased and shipped to a secure, unidentified Conformance location for physical examination and photo documentation to ensure legitimacy and legality. A variable code is secretly injected into the process marking order transactions all the way from purchase through delivery to help investigators identify bad behaviors much more accurately. Refund policies and procedures are tested by returning merchandise to merchants. You receive a comprehensive investigative report for transaction matching and further action as required. 

Benefits

• ​Simplify ongoing compliance efforts
  
• Increase security, integrity and operational efficiency
  
• Save time and money
  
• Lower risk, protect reputation, reduce scrutiny
  
• Reduce fraud loss
• Potentially reduce fines