What you need to know about unauthorised online merchant aggregation

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Unauthorised online merchant aggregation refers to an offending online merchant who allows third parties to use its payment acceptance facility for a fee. Merchant sales are still deposited to the approved merchant depositing account.

Most experienced payment gateways already have capabilities to prevent the most common techniques used to aggregate transactions.

One Sentry provides APIs for clients who do not have such a capability to prevent merchant aggregation.

merchant aggregation

What about Brick & Mortar?

Unauthorised aggregation of payments is certainly not something new. In the Face-2-face fraud world, this is known as terminal laundering (sometimes termed “walking terminals”). Existing techniques already exist to mitigate terminal laundering risks, some of which will also work very well in eCommerce acquiring.

Defending against the evolving fraud landscape

In recent times, we have uncovered clever merchant online aggregation tricks where fraudsters have gone back to basics in order to counter all forms of payment aggregation detection mechanisms. While they may appear to work at the onset, advanced analytics have enabled acquirers to identify offending merchants very quickly.


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15 Apr / 2015

SWIFT Announces Semi-Finalists for its Global FinTech Innovation Challenge 2015

We’re excited to announce that Jewel Paymentech has been selected as a semi-finalist in this year’s Innotribe Global FinTech Startup Challenge 2015!

This is certainly a recognition of the technology embedded within One Sentry™ – the industry’s first fully automated tool that enables banks and payment facilitators to effectively manage their merchant’s brand, fraud, credit and data security risk.

Click here to read the full press-release

About Innotribe
Launched in 2009, SWIFT Innotribe is about innovation and connecting people, networks and ideas. We bring together global innovators and investors, strategists, and influential decision-makers from leading financial institutions across the globe, providing them early insights into innovations that could disrupt current business models and create new opportunities for new ones. Through the Startup Challenge competition, we bridge the gap between the startup ecosystem and the financial service community.

SWIFT is a member-owned cooperative that provides the communications platform, products and services to connect more than 10,800 banking organisations, securities institutions and corporate customers in more than 200 countries and territories. SWIFT enables its users to exchange automated, standardised financial information securely and reliably, thereby lowering costs, reducing operational risk and eliminating operational inefficiencies. SWIFT also brings the financial community together to work collaboratively to shape market practice, define standards and debate issues of mutual interest.

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19 Mar / 2015

One Sentry’s Predictive Analytics

Our predictive modeling web heuristics research technology is currently used as part of our One Sentry Merchant Risk Monitor product to identify potentially bad merchant websites. This technology allows us to predict possible bad merchants without needing to rely on retroactive knowledge.

Our analytics is based on a propreitary algorithm that uses both Naive Bayes classifier and Random Forest models to derive results. A 5-step methodological approach is employed to analyse any given content in order to predict an outcome.

  • Collection
  • Content Analysis
  • DB Checks
  • Scoring
  • Re-learn

Site Scraping (Web Crawler) tech is completely developed in-house and is built using a dynamic parsing platform allowing distributed collection of information. We also use a self-developed processing engine to combat “anti-bot” mechanisms.

OS - Herustics Engine 1


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02 Mar / 2015