MINNEAPOLIS, MN, November 27, 2017 - Argos Risk, a leading specialist in providing Third-Party Risk Intelligence services for managing and monitoring B2B health and credit risk is pleased to announce that it recently entered into an Affiliate Relationship with Affirmative Technologies. Affirmative Technologies provides the banking and financial industry with a robust ACH processing and risk management platform for their ACH payment files.
“We are enthusiastic about our Affiliate Relationship with Affirmative Technologies. It provides the opportunity to work with industry domain experts who are seasoned professionals in the ACH/RDC marketplace.” said Lori Frank, Argos Risk President and CEO.
George Bassous, CTO at Affirmative Technologies, stated
“We are very pleased that our complimentary products with Argos Risk have given us a unique partnership approach. They provide the upfront customer due diligence and on-going monitoring tools, coupled with Affirmative’s ACH Risk Manager™, used for monitoring anomalies and suspicious patterns identified in the ACH file.”Bassous added,
“Our goal is to offer our customers with the necessary regulatory and compliance tools. We plan to dynamically manage risk, based on the Argos Risk score, while we monitor the originator patterns. In addition, same day ACH requires a holistic approach for mitigating risk not only at the ACH file, but also by the business who is originating this file to their bank or third-party payment processor.”
About Argos Risk
Argos Risk's web-based technology services assess the credit risk and B2B health of clients, vendors, partners, and competitors. Powered by their proprietary algorithms, known as Argonomics™, their services deliver data via a real-time dashboard and daily alerts. Argos Risk monitors thousands of companies for clients in a broad array of industries including financial institutions, manufacturers, distributors, wholesalers and businesses of all types which enable companies of all sizes to proactively manage and monitor credit risk.
About Affirmative Technologies
Affirmative Technologies, founded in 1998, is one of the nation’s leading technology providers in ACH Processing and Risk Management software. Their SaaS payment engines, including APIs, offer a one-stop payment gateway that is both bank and processor neutral. www.affirmativeusa.com
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