TIERED PROCESSING METHOD AND SYSTEM FOR IDENTIFYING AND MITIGATING MERCHANT RISK

摘要

A method for identifying merchant risk includes collecting data elements for a plurality of merchants (100); automatically performing a first level process using the data elements so as to identify a first subset of merchants for review (102); automatically performing a second level process so as to collect additional information for the first subset of merchants (104); and automatically performing a third level process (106) using the first subset of merchants and the additional information so as to identify a second subset of merchants requiring further review (108). A system for practicing the method is also disclosed.