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Company Database - Risk42

The answer to Risk
Risk42's core product is INFINITY, a platform capable of multi-tenancy, combining rule-based decisioning and machine learning models for risk assessment and fraud prevention within payment transactions.

Business model
Risk42's core product is INFINITY, a plattform capable of multi-tenancy, combining rule-based decisioning and machine learning models for risk assessment and fraud prevention within payment transactions.

Target market
• Payment services providers
• Retail banks
• Financial institutions
• Online price comparison portals

Contact
contact@risk42.com

Geographical presence
Europe (German HQ)

Active since
2018

Service provider type
Technology vendor; Web fraud detection company

Member of industry association and or initiatives
Merchant Risk Council; BFACH Germany


SERVICES
Unique selling points 
Risk42's software platform INFINITY enables payment solution vendors to provide their customers with a sophisticated fraud prevention solution based on the newest technologies. Hybrid models combine the advantages of distinctive business rules with the power of adaptive machine learning models. It leads to higher accuracy, less manual effort to adapt rule sets, and it reduces manual review rates. The platform is multi-client capable.

Core services 
Decision engine, machine learning model management (creation, deployment, monitoring, editing), reporting, business rules engine, dedicated models to explain individual score values

Pricing Model
Fixed license fee (including unlimited transaction volume)

Fraud prevention partners
External data providers

Other services
Implementation and management of the software platform, either on-premise or as a full SaaS model. Full customer-labeling of the platforms front-end. Second-level support to our customers clients.

Third party connection
External email intelligence data, phone verification


TECHNOLOGY: anti-fraud detection tools available
Address verifications services 
Yes

CNP transactions
Yes

Card Verification Value (CVV)
N/A

Bin lookup
No

Geo-location Checks
Yes

Device Fingerprint
Yes

Chargeback Reduction
N/A

Payer Authentication
No

Velocity Rules – Purchase Limit Rules
Yes

White list/black list database:
Yes

KYC – Know Your Customer
N/A

Behavioural analysis
Yes

Credit Rating
Yes

3D Secure 2.0 - authentication
N/A

Machine learning
Yes

Data analytics
Yes

Follow up action
Yes


AUTHENTICATION TECHNOLOGY USED
Password/phrase
N/A

One-time password
N/A

Token
N/A

Digital certificates
N/A

Multi-factor authentication
N/A

Biometrics
N/A

Card 
N/A

PIN
N/A

AUTHENTICATION CONTEXT
Online
Yes

Mobile
Yes

ATM
No

POS
No

Call centre
Yes


REFERENCE DATA CONNECTIVITY
Connectivity to governmental data
No

Other databases
Credit Agency Data Sources


FRAUD MANAGEMENT SYSTEM TYPE
Single-channel fraud prevention system
Yes

Multi-channel fraud prevention system
Yes

CERTIFICATION
Several (Germany/EU). Information available upon request.


CLIENTS
Main clients / references
Payment services providers, card issuers, retail banks and alternative credit lenders, online-price-comparison sites for credit lending

Future developments
Target markets: Germany, United Kingdom, France, Italy, Spain, Benelux

Contact Risk42

Mönkedamm 11 20457 Hamburg +49 40 20933 2220
Hamburg https://risk42.com/en/
contact@risk42.com
Germany