Board more merchants without adding headcount.
Prova's agents take the application, gather what is missing, and bring each file to your underwriter with the evidence attached. Your sponsor bank sees the same record, so you stop building reports for it.
From application to approval, with the evidence on the file.
What works today, what is in testing, and what comes next. Prova is pre-launch, so each line says which.
- Online merchant applicationWorking
- The merchant fills one web application built from your own templates. Missing fields are caught before the file reaches underwriting.
- Repeat applicants flaggedWorking
- A business or owner who has applied before through your ISO is flagged on the file, matched on tax ID and owner SSN. A match with another ISO goes to your sponsor bank, never to that ISO.
- Business verificationIn testing
- Business registration, owners, and address checked once, with the result attached to the file.
- Boarding to the processorIn testing
- Approved merchants board to TSYS from the same file, with no re-keying. Built to TSYS's published boarding interface, not yet certified.
- OFAC and MATCH screeningPlanned
- Sanctions screening and the Mastercard MATCH inquiry run before any approval, with the result kept on the file.
- Daily processor reconciliationPlanned
- Processor files read and balanced every day, with only the breaks sent to a person.
Agents do the work. People make the calls.
- Agents work inside limits each bank and ISO sets.
- People approve, decline, and sign. An agent never makes the final call on a merchant.
- Every action an agent takes is written to the same record as the decision.
Boarding agents
Take the application, gather what is missing, run identity and business checks once, and bring the file to a person with the evidence attached.
Monitoring agents
Check every merchant against the record and the network thresholds every day. Hold what looks wrong and say why.
Compliance agents
Keep each decision filed under the policy it was made on, with its evidence and its sign-off.
It starts with your next merchant.
Your next merchants board through Prova
On the processor you already use. Your current book stays where it is.
Your sponsor bank gets its view
The bank sees each approval with its evidence, the day it happens, without a report from you.
Move the rest when it suits you
Bring the rest of your book over at your own pace.
Between the bank and its ISOs, never in their place.
- Never a competitor
- Prova never becomes an ISO or an acquirer and never signs a merchant. Visa's rules make that a condition of holding a bank's data. We hold ourselves to it.
- Your data stays in your program
- Merchant files, owners, bank accounts, and KYB results stay with the bank that owns them. No merchant fact crosses from one bank's program to another's.
- Exam-ready as you go
- Each decision keeps its evidence, its sign-off, and the policy it was made under. The file an examiner asks for already exists.
Talk to us.
Tell us about your book and your processor. The first call is 30 minutes and there is nothing to install.