Abstract: A risk assessment system that performs a risk assessment of a financial transaction. The risk assessment system incorporates a profitability assessment scoring model that evaluates whether to approve or decline a financial transaction based on the potential profit or loss that can be generated by the transaction for the guarantor or merchant. The profitability scoring model uses an algorithm that is formulated to calculate a profitability score based on variables that have a direct correlation to the overall profit or loss of the transaction. The scoring model takes into consideration variables such as the per check fee charged, probability of collection, and collection fee. The risk assessment system determines whether to approve or decline a transaction based on the potential profit or loss that can be generated by the transaction.

Abstract: A risk assessment system that performs a risk assessment of a financial transaction. The risk assessment system incorporates a profitability assessment scoring model that evaluates whether to approve or decline a financial transaction based on the potential profit or loss that can be generated by the transaction for the guarantor or merchant. The profitability scoring model uses an algorithm that is formulated to calculate a profitability score based on variables that have a direct correlation to the overall profit or loss of the transaction. The scoring model takes into consideration variables such as the per check fee charged, probability of collection, and collection fee. The risk assessment system determines whether to approve or decline a transaction based on the potential profit or loss that can be generated by the transaction.

Abstract: A risk assessment system that performs a risk assessment of a financial transaction. The risk assessment system incorporates a profitability assessment scoring model that evaluates whether to approve or decline a financial transaction based on the potential profit or loss that can be generated by the transaction for the guarantor or merchant. The profitability scoring model uses an algorithm that is formulated to calculate a profitability score based on variables that have a direct correlation to the overall profit or loss of the transaction. The scoring model takes into consideration variables such as the per check fee charged, probability of collection, and collection fee. The risk assessment system determines whether to approve or decline a transaction based on the potential profit or loss that can be generated by the transaction.

Abstract: A risk system that performs a risk assessment of a financial transaction to obtain a risk score. Based on the risk score, the risk system may request additional transaction information from a customer and/or a merchant. The request is based at least in part on financial transactions that are of moderate risk to thereby provide a non-cash payment acceptance service with more information to further evaluate the financial transaction risks. Thus, moderately risky financial transactions, that are likely to benefit the non-cash payment acceptance service and the merchant that subscribes to the non-cash payment acceptance service, are authorized for increased profitability and customer satisfaction. Furthermore, the risk system may approve or authorize financial transactions that generally fail standard risk assessments that use a cut-off risk score to divide the financial transactions into either approved or declined groups.

Abstract: A risk system that performs a risk assessment of a financial transaction to obtain a risk score. Based on the risk score, the risk system may request additional transaction information from a customer and/or a merchant. The request is based at least in part on financial transactions that are of moderate risk to thereby provide a non-cash payment acceptance service with more information to further evaluate the financial transaction risks. Thus, moderately risky financial transactions, that are likely to benefit the non-cash payment acceptance service and the merchant that subscribes to the non-cash payment acceptance service, are authorized for increased profitability and customer satisfaction. Furthermore, the risk system may approve or authorize financial transactions that generally fail standard risk assessments that use a cut-off risk score to divide the financial transactions into either approved or declined groups.

Abstract: A risk assessment system that performs a risk assessment of a financial transaction. The risk assessment system incorporates a profitability assessment scoring model that evaluates whether to approve or decline a financial transaction based on the potential profit or loss that can be generated by the transaction for the guarantor or merchant. The profitability scoring model uses an algorithm that is formulated to calculate a profitability score based on variables that have a direct correlation to the overall profit or loss of the transaction. The scoring model takes into consideration variables such as the per check fee charged, probability of collection, and collection fee. The risk assessment system determines whether to approve or decline a transaction based on the potential profit or loss that can be generated by the transaction.