ChainIT and RS Software have launched a joint solution that continuously assesses identity and fraud risk on every instant, irrevocable account‑to‑account transaction. The framework works alongside existing fraud systems while keeping final decision‑making firmly in the hands of financial institutions.

Key Takeaways

  • Risk‑based authentication now available for A2A payments
  • Sub‑second risk scoring for FedNow® and RTP® networks
  • Financial institutions retain full control over fraud decisions

Alliance Overview

Based in Scottsdale, Arizona, ChainIT and RS Software announced a product alliance aimed at bringing risk‑based authentication to account‑to‑account (A2A) payments. While card transactions have relied on the 3‑D Secure framework for over twenty years, instant and irrevocable A2A payments have lacked a comparable industry‑wide fraud‑monitoring standard. This partnership fills that gap with continuous identity and risk assessment.

Regulatory Pressure and Market Risk

Javelin Strategy’s 2026 Identity Fraud Study estimates traditional identity fraud caused $27.3 billion in losses in 2025. As FedNow® and RTP® adoption expands, exposure to fraud grows. Effective June 19 2026, Nacha’s Phase 2 rules require all ACH participants to implement risk‑based processes for unauthorized and misrepresented payments.

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Technical Mechanics of the Solution

RS Software’s fraud platform, RS IntelliEdge™, adds a composable, explainable risk‑intelligence layer on top of a client’s existing tools. It evaluates behavioral, device, and contextual signals in sub‑seconds for each transaction. ChainIT contributes biometric verification through ChainIT ID and ChainIT Organization ID, plus Validated Data Tokens that cryptographically anchor payment authorizations.

Why This Matters

BozokMedia analysis shows that continuous, multi‑signal authentication dramatically reduces account‑takeover and authorized push‑payment scams, which are among the fastest‑growing fraud vectors in North America. By keeping the final decision with the financial institution, the alliance preserves regulatory compliance while enhancing customer experience.

"Continuous identity verification is the only viable defense against AI‑driven fraud in instant payments," says Dr. Anita Rao, Chief Security Officer at FinSecure Labs.
Did You Know?: Consumer fraud losses in the U.S. topped $12.5 billion in 2024, a 25 % increase year‑over‑year.

Historical Background

Over the past two decades, 3‑D Secure set the security benchmark for card‑based transactions, but the speed of A2A payments outpaced comparable safeguards. Multiple fintech firms have since experimented with biometric and behavior‑based models, yet few have delivered a unified, real‑time solution that integrates with existing fraud infrastructure.

Frequently Asked Questions

Question 1: Does the solution work with my current fraud detection systems?

Answer: Yes, RS IntelliEdge™ operates as an overlay, allowing institutions to retain their existing infrastructure while gaining continuous risk scoring.

Question 2: What actions can a bank take based on the risk score?

Answer: Banks can trigger biometric verification, place a hold on the payment, or allow it to settle automatically, all according to their internal policies.