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Fintech

ExactBins

Solution to identify scams and online fraud through accurate BIN data.
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About Client

The client wanted to create a solution useful for identifying scams and online fraud on time to prevent them. With a rich and detailed BIN (Bank Identification Number) database that contains over 340,000 records, the client wished to give precise data to small online businesses or large financial service providers.

Objectives

The primary objective behind developing this solution was to make software that can provide users with accurate and up-to-date information for every BIN. The client wanted to build a simple online lookup solution for a comprehensive BIN database.

Problem Statement

Businesses and financial institutions struggled with outdated BIN data that lead to failed transactions and security risks. However, it was difficult to build a reliable and regularly updated BIN database with user-friendly features.

About Project

Challenges

Maintaining a database of over 340,000 BIN records with constant updates was a challenge. Other challenges include offering an intuitive search function to retrieve BIN information quickly and ensuring seamless performance as the database expands.

Project Challenges

Our Solutions

Our in-house team of experienced web developers brings solutions to all the challenges in the form of the following features-

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Enhanced Scalability

We ensure that the solution works seamlessly and securely when users access BIN records.

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Search BIN Database

BIN database software can give daily updates and all BIN numbers have complete and accurate information.

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Card Details

Users can see the card details and report incorrect information to prevent damage due to fraudulent transactions.

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Buy License

The platform enables users to purchase Commercial License and Full Extended License based on their business requirements.

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Technology Stack

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Outcome

The client achieved higher data reliability with a 99.9 percent accuracy rate in BIN database. The web solution could improve customer trust and satisfaction with accurate software. The solution become a trusted leader in BIN database solutions.

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Our Clients Define Us

I looked for help and Silicon IT Hub answered the call. I was a little bit hesitant to go outside the US, not sure of what I would be getting, what I would be paying for. But immediately those doubts were put to rest. The professionalism of the staff of the team there. They've been good to me. I have no doubt that the team there would be just as efficient for the job that you need to be completed. Thank you. Silicon It Hub. It's been a pleasure working with you and I hope to do more in the future.

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