Archive · 28 Jul 2025
CARD91 Launches AI-Powered Merchant Suite for Onboarding
CARD91, a company that helps with payments, has created a new system using artificial intelligence (AI) to make it easier for businesses to start accepting payments.
This new system checks if a business is safe and follows the rules.
It uses AI to quickly assess risks, verify information, and categorize businesses.
This helps banks and payment companies onboard new businesses faster and avoid problems.
The system helps prevent fraud and ensures that everything follows the law.
It also helps companies understand how risky each business is and set limits accordingly.
CARD91 launches an AI-powered suite for merchant onboarding.
The suite aims to simplify and secure onboarding for banks and payment aggregators.
It uses AI/ML algorithms for real-time risk assessment and automated classification.
Key features include risk assessment, data verification, and smart MCC mapping.
The solution helps acquiring institutions mitigate risk and ensure compliance.
- Who
- CARD91, a payments infrastructure provider.
- What
- CARD91 launched an AI-powered Merchant Onboarding, Verification, and Classification Suite.
- When
- July 28
- Where
- Bangalore (Karnataka), India
- Why
- To simplify merchant onboarding, reduce fraud, and ensure regulatory compliance.
Benefits of CARD91's Suite
N/A
Efficiency
Benefits of CARD91's Suite
Improved Efficiency and Automation
N/A
No opposing view presented in the article.
Risk Management
Benefits of CARD91's Suite
Mitigation of Risk and Fraud Reduction
N/A
No opposing view presented in the article.
Compliance
Benefits of CARD91's Suite
Ensured Compliance
N/A
No opposing view presented in the article.
- Company
- CARD91
- Product
- AI-powered Merchant Onboarding Suite
- Focus
- Merchant Onboarding, Verification, and Classification
- Target Audience
- Banks and Payment Aggregators
- Key Feature
- AI/ML Risk Assessment
- CEO
- Ajay Pandey