System and method for risk evaluation in EFT transactions

摘要

Embodiments of the invention are directed to a computer-implemented method for facilitating risk assessment for an EFT transaction. The transaction occurs between at least an originating participant and a destination participant. The method includes maintaining an alias table stored in a computer memory, the alias table containing country information for facilitating identification of a corresponding country associated with at least one EFT participant. The method additionally includes making a country identification implementing a computer processor through consultation with the alias table and execution of a matching process, the matching process incorporating the EFT data and alias table country information to identify the corresponding country. The method further includes passing the country identification to risk analysis components for evaluating risk associated with the transaction.

主权项

1. A computer-implemented method for facilitating risk assessment for an EFT transaction, the transaction associated with EFT data and occurring between at least an originating participant and a destination participant, the method comprising:
maintaining an alias table stored in a computer memory, the alias table containing country information for facilitating identification of a corresponding country associated with at least one EFT participant when the EFT data does not identify the corresponding country; receiving the EFT data for the transaction, the EFT data failing to identify the corresponding country for at least one of the originating participant and the destination participant; making a country identification implementing a computer processor through consultation with the alias table and execution of a matching process, the matching process incorporating the EFT data and alias table country information to identify the corresponding country; and passing the country identification to risk analysis components for evaluating risk associated with the transaction based at least in part on the corresponding country.