Ballerine

KYC

Ballerine is a holistic, AI-driven merchant acquiring platform designed to streamline risk management and decision-making processes. It offers an open-source infrastructure and data orchestration platform that provides comprehensive risk decisioning tailored for fintechs, marketplaces, and payment service providers. With Ballerine, businesses can stay ahead of regulations and fraudsters while maintaining operational efficiency and launching new services quickly. The platform is built on an open-core approach, ensuring flexibility, future-proofing, and adherence to security and privacy measures. Here are some key features of Ballerine:

• Merchant Monitoring: Continuous, real-time review of the merchant's activities throughout its lifecycle.
• Merchant Blocklist: Cross-check users with Visa and Mastercard's blacklists to prevent associations with flagged merchants.
• Case Management: Personalized platform for efficient manual review processes.
• Digital Onboarding: Dynamic data and documents collection flows for a smooth onboarding process.
• Risk Tools API: Unified API to connect to various data sources, government lists, ID and document verification providers.
• Open Banking: Access real-time financial data for deeper user insights, enhancing transparency and financial health assessment.
• Identity Verification: Validate user identities with precision, safeguarding against impersonation and fraud.
• Sanctions Screening: Scan global databases to flag potential partners or users linked to criminal or high-risk activities.
• Website Monitoring: Track online presence, ensuring your partners maintain compliant and reputable web activities.
• Company Structure Check: Dive deep into business hierarchies, revealing hidden stakeholders and potential conflict points.
• Business Verification: Authenticate the legitimacy and operational history of potential business customers.
• Document Signing: Secure and streamline documentation with digital signatures.
• Document Collection: Streamline the gathering of essential documents from users.
• AI-Powered Modules: Harness advanced technologies to enhance accuracy and automate risk assessments.
• eIDs: Authenticate user identities swiftly with recognized electronic ID solutions.
• Risk Score: Provide a tailored risk score for users or businesses based on various parameters.

Ballerine's modular risk building blocks can be used separately or together, providing a flexible and comprehensive solution for risk management. Its workflow engine and rule engine allow for the creation of customized workflows and rules based on compliance, fraud, and product requirements. Additionally, the platform's headless SDK enables real-time control of user flows based on their data and responses. With Ballerine, businesses can efficiently manage risk while maintaining a seamless customer experience.