Stay Compliant
Stop Fraud
Keep Growing

Watchtower keeps you compliant, protects against fraud, and detects risky payments – automatically. 

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Integrated Fraud & AML Transaction Monitoring

Watchtower is built into Straddle - protecting you from day one.
No code required.

  • Automatic

    Get Paid on Time

    Live balance checks verify a user’s ability to pay with real-time open banking data. No more overdrafts for customers or NSF fees for you.

  • Compliance Made Easy

    Built-in AML rules analyze transactions, customer profiles, historical activity, and behavior patterns to prevent money laundering and financial crime. 

  • Capture More Revenue

    Our fraud model analyzes thousands of signals to block fraudulent transactions. We help you minimize fraud and maximize revenue.

  • Velocity Checks

    Prevents high-velocity attacks with dynamic limits for the volume, number, and individual value of transactions.

  • ML that Works

    Assesses risk based on recent transactions, chargeback history, and previous non-settled payments.

The Impact of Fraud in 2023

  • $38bn
    estimated business losses
  • 80%
    of organizations targeted
  • $8.8bn
    estimated consumer lossess

  • “If you change how your payments stack works, you can improve revenues by basis points. Changing your fraud performance can improve your revenues by percentage points. It is a much more efficient use of time.”

    Jim Wang, Head of Payment Product, Blockchain.com

Replace Risk with Revenue

Straddle transforms fraud prevention into a competitive advantage for you, your team, and your consumers.

  • Rules
  • ML

Replace Risk with Revenue

Straddle transforms fraud prevention into a competitive advantage for you, your team, and your consumers.

Through its integrated identity verification and real-time open balance checking, Straddle reduces fraud and chargebacks, ensuring safer transactions.

By leveraging Straddle's cost-effective alternatives to card networks and ACH, you can turn what was once a cost center into a revenue opportunity.

Ready to start building with Straddle?

Contact us to learn more about what we can help you build – or create an account to get started right away.
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Stay connected with Straddle

Be one of the first to build on the next-generation of payments infrastructure.

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What is a Paykey?

Paykeys are Straddle's reimagining of payment tokenization, creating a secure link between a user's verified identity and their chosen payment method. Built on the foundation of Bridge's account connectivity, Paykeys offer an identity-linked payment solution that enhances security and simplifies payment processing.

Key features of Paykeys include:

  • Fraud elimination through secure identity-payment method linking
  • Protection of sensitive banking data
  • Reusability for recurring payments
  • Automatic balance confirmation for every transaction

Paykeys leverage the account and owner information retrieved by Bridge, matching it to customer profiles to create a robust, secure token for payment operations. This approach streamlines payment processes while maintaining high security standards.

Third Party Tokens

In addition to using Straddle Bridge to connect to open banking, we also accept third party tokens from other sources like Plaid, MX, Flinks, and Mastercard (Finicity).

Already working with an open Banking Provider?

No need to worry, Straddle supports creating pay keys using tokens from all the major open banking providers like MX, Plaid, Flinks, and Mastercard.

Simply send us your existing token and we can use that to perform all the interactions with your provider directly