Coris - Data on Merchant Risk and Ongoing Monitoring

1. Unified Risk Management

   Coris offers a unified platform that empowers teams to manage risk across the entire merchant lifecycle, significantly reducing losses and improving efficiency.

2. MerchantProfiler

   This feature provides comprehensive merchant data intelligence, including auto-prediction of industry classification codes and automated business site inspections using Google Street View.

3. Fraud Prevention Models

   Coris introduces the first merchant fraud model that detects both third-party and first-party fraud at the sign-up stage, helping to block suspicious applications in real-time.

4. ACH Fraud Model

   The platform includes a specialized ACH fraud model that scores payments for their return likelihood, enabling teams to decrease fraud losses effectively.

5. Customizable Alerts and Checks

   Users can set up custom alerts and checks for key events, allowing risk teams to monitor suspicious activities continuously.

6. Automated Onboarding Processes

   Coris streamlines the onboarding process by combining data from multiple sources and automating actions based on custom rules, reducing friction for legitimate merchants.

1. Familiarize yourself with the Coris platform by exploring its various features and functionalities.
2. Utilize the MerchantProfiler to gather comprehensive data on potential merchants before onboarding.
3. Set up custom rules and alerts to monitor merchant activities effectively.
4. Regularly review and adjust your fraud prevention strategies based on the insights provided by the platform.

What is Coris?

Coris is an AI-powered risk management platform that assists software platforms and fintechs in managing merchant onboarding, fraud prevention, underwriting, and monitoring.

How does Coris improve risk management?

Coris enhances risk management by providing comprehensive merchant data, automating processes, and offering advanced fraud detection models that streamline decision-making.

Can Coris help reduce onboarding time?

Yes, Coris significantly reduces onboarding time by automating data analysis and decision-making processes, allowing teams to focus on higher leverage responsibilities.

What types of fraud does Coris detect?

Coris detects both third-party and first-party fraud through its innovative fraud models, which assess merchant applications for suspicious activity.

Is Coris suitable for all types of businesses?

Coris is designed for software platforms and fintechs that require robust risk management solutions for their merchant onboarding and monitoring processes.

• Free plan: $0/month
• Basic plan: $9.99/month
• Standard plan: $19.99/month
• Professional plan: $49.99/month

1. Coris effectively streamlines the risk management process, providing valuable tools for onboarding and fraud detection that can significantly reduce operational burdens.
2. The platform's AI-driven insights and automation capabilities enhance decision-making speed and accuracy, which is crucial for managing high volumes of merchant applications.
3. However, the complexity of integrating Coris with existing systems may pose challenges for some users, requiring additional resources for a seamless transition.
4. Continuous updates and enhancements to the platform will be necessary to keep pace with evolving fraud tactics and merchant needs, ensuring that Coris remains a competitive solution in the market.