A Risk Engine is a powerful tool that assesses and scores the risk in real-time
transactions. It achieves this by analysing transaction data using various tools like
cross-parameter checks, velocity assessments, device fingerprinting, negative
data checks, geo-location, and chained linkages.
This Risk Engine examines key risk factors such as country card checks, invalid
email card checks, disposable emails, compliance with sanctions and FATF
regulations, banned products, multiple identities, data mismatches, high-
value transactions, transaction frequencies, and potential chargeback fraud.
To provide an overall risk assessment, it uses rule-based algorithms to assign
numerical values to these risk factors, resulting in a comprehensive
transaction risk score.
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