Mumbai, Maharashtra (India), September 25, 2024: At Moon Ventures, a prominent Technology Service Provider (TSP) in the fintech industry, is setting new standards in secure digital payments. It has integrated an AI-powered transaction monitoring, geographic tracking, and a 7-layer security system to its digital payments section. With a strong emphasis on compliance, fraud prevention, and the latest Reserve Bank of India (RBI) regulatory standards, the company offers a robust and secure platform for merchants and businesses to carry out financial transactions with complete peace of mind.
Pioneering AI-driven Fraud Detection
In an era where financial crimes and cyber threats are becoming increasingly sophisticated, At Moon Ventures has developed a cutting-edge solution that blends Artificial Intelligence (AI) with real-time transaction monitoring. The company’s AI system analyzes behavioral patterns in each transaction, identifying suspicious activities or anomalies that could indicate fraud.
“AI has enabled us to stay ahead of potential risks by identifying unusual patterns before they escalate,” says Rakeshwar Sharma, Founder of At Moon Ventures. “By leveraging machine learning, we can ensure that every transaction passes through multiple layers of scrutiny, drastically reducing the chances of fraud.”
Geographic Tracking to Enhance Transparency
In a further effort to combat fraud, At Moon Ventures uses Latitude and Gratitude technology to trace the geographic location of payers. This technology enables businesses to verify that the payer’s location matches the expected geographical area for the transaction. “It’s another way of verifying the legitimacy of a transaction,” Sharma explains, “Ensuring that payments are consistent with the payer’s known activity.”
A cornerstone of AT MOON VENTURES’ security infrastructure is its proprietary c7-layer security system. This multi-layered approach ensures comprehensive protection at every stage of the transaction process. The system includes:
- Data Encryption: Safeguarding sensitive information during transmission.
- Behavioral Analytics: AI-powered monitoring to analyze transactional behavior.
- Two-Factor Authentication (2FA): Enhancing access security for merchants and users.
- Real-Time Fraud Detection: Instant identification of suspicious activities.
- Geolocation Verification: Ensuring geographic consistency for all transactions.
- Biometric Verification: Adding extra security for high-value transactions.
- Regulatory Compliance Monitoring: Constant updates to reflect new RBI guidelines.
As a company deeply committed to maintaining regulatory compliance, At Moon Ventures continually updates its systems to adhere to the latest RBI regulations. Supreme Court legal counsel has been instrumental in advising the company on matters of compliance, ensuring that At Moon Ventures operates well within the bounds of the law.
In accordance with RBI requirements, the company has set a daily transaction limit, allowing each beneficiary merchant to carry out a maximum of three transactions per day. This measure further safeguards against potential money laundering and excessive transactions, ensuring both compliance and security for all parties involved.
Proactive Cybersecurity Measures
As digital transactions become more common, so do cyber threats. At Moon Ventures employs a dedicated cybersecurity team, along with AI-driven fraud detection, real-time threat monitoring, and collaboration with leading industry experts, to guard against evolving cybercrime tactics.
“At Moon Ventures is built on a foundation of trust, security, and compliance,” says Sharma. “Our goal is to create a payment ecosystem that not only complies with regulatory requirements but also proactively addresses the growing threat of cybercrime.”
About At Moon Ventures
Founded by Rakeshwar Sharma, At Moon Ventures is a leading fintech company specializing in digital payment solutions Its various divisions, including AtmoonDPS, have been instrumental in creating secure, compliant, and innovative financial technology solutions for businesses across India and globally. The company’s emphasis on AI technology, geographic monitoring, and a 7-layer security system makes it a pioneer in preventing fraud and ensuring the integrity of every transaction.
For more information, visit www.atmoonventures.com
Tags: AtMoonVentures RakeshwarSharma Fintech DigitalPayments SecureDigitalPayments Cybersecurity CyberThreats ReserveBankOfIndia
