Third-Party Risk Assessment Playbook
A step-by-step third-party risk assessment framework for scoring suppliers, vendors and counterparties.
Card issuers face a growing challenge: roughly $500 billion of the estimated $2 trillion laundered globally each year moves through card-based transactions. Traditional AML monitoring was built for account and payment flows, not for the velocity, scale and pattern complexity of card transactions. This brief explains how Mastercard AML Account Risk augments issuer AML programmes by monitoring approved authorisation transactions across the Mastercard Network, profiling them with machine learning across 14 high-risk parameters, and returning aggregated PAN-level risk scores. It covers the five-step workflow — monitor, profile, score, flag and retrieve — and shows how issuers can use date-range analysis, enriched notifications, API feedback and feedback history to improve detection accuracy and build an audit-ready compliance process. Delivered and supported by Infocredit Group as a strategic Mastercard partner.
More resources
Each resource is designed to help you make a specific risk or compliance decision faster.
A step-by-step third-party risk assessment framework for scoring suppliers, vendors and counterparties.
The KYB checklist for verifying a business customer before you open the account.
How to integrate credit information and company reports into your workflows.