ReconIQ — Product Tour – Settlement reconciliation and risk monitoring for payments

Summary: ReconIQ is a settlement intelligence tool for high-risk merchants, PSPs, and payment institutions that reconciles acquirer statements with bank deposits, monitors chargeback ratios against Visa and Mastercard thresholds, and tracks rolling reserve release dates. It provides real-time visibility into payment risks without requiring an account and is currently free in beta.

What it does

ReconIQ matches acquirer settlement statements to bank deposits, tracks chargeback ratios to prevent threshold breaches, and monitors rolling reserve release dates to avoid delayed fund releases. It consolidates data from multiple sources to present actionable insights.

Who it's for

The tool targets high-risk merchants, payment service providers, compliance officers, and risk managers needing comprehensive portfolio-wide risk visibility.

Why it matters

ReconIQ addresses the lack of real-time, consolidated risk data, helping users prevent unexpected chargeback penalties and manage reserve funds efficiently.