Juris Scerbickis, CEO D8 Corporation is a leader in developing, implementing and maintaining finance IT solutions. Its areas of expertise include payment cards, e-commerce, fraud prevention and AML solutions.
Juris Scerbickis set the foundation of D8 Corporation as an IT services company and integrator, partnering with larger entities and international vendors to deploy their solutions in various regions. The model ran successfully for about ten years, and then D8 Corporation decided to transition from a system integrator to a product-based company.
“Today, D8 Corporation has an extensive product base in the banking field, primarily focused on payments, including payment functionalities, risk management, eCommerce, 3DS/ACS and tokenization,” says Scerbickis, CEO.
One of the company’s key products is an enterprise risk management platform. The product development started in 2004 when real-time risk prevention in the payment card industry was not common. Most risk management solutions at that time were offline and only identified fraud after it occurred. To tackle this situation, D8 Corporation developed a real-time risk management solution for an exchange, which became one of its key products, now used by over 30 customers. This product has evolved to meet modern requirements, combining rule-based approaches with machine learning.
Besides risk management, D8 Corporation also has solutions in the field of payment card tokenization. Its product portfolio includes e-commerce components like merchant portals and 3D secure components, such as the access server and the cardholder data security (CDS) server.
In 2024, D8 Corporation began offering its risk management platform as a SaaS, allowing banks that don't want to operate the solution themselves to use it. Additionally, the company provides risk management officer services, where its risk analytics team handles the system's configuration for banks, particularly small banks or electronic money issuers or in regions where banks may lack the necessary risk management expertise. This service is crucial for territories that require robust risk and anti-money laundering solutions.
Moving forward, the company will be focusing more on the software and services aspect, specifically the SaaS model. This shift is strategic for the company. The consolidation of banks has shrunk the market for licensed vendors, making it complicated and expensive for smaller players. Transitioning to SaaS allows D8 Corporation to deploy and provide solutions more quickly and across a wider geography.
Over the years, D8 Corporation has completed significant projects in more than 30 countries across Europe, Central Asia, Middle East, Africa and the Americas—thanks to its partnerships with international players. This experience has made it adept at handling cultural differences and varying levels of banking industry development.
Today, D8 Corporation has an extensive product base in the banking field, primarily focused on payments, including payment functionalities, risk management, eCommerce, 3DS/ACS and tokenization
D8 Corporation has executed numerous key projects, showcasing its proficiency in regulatory compliance and fraud prevention. A significant achievement from 2020, when the National Bank of Georgia (NBG) introduced new Anti-Money Laundering (AML) regulations. To meet the compliance deadlines, D8 simultaneously deployed its Stronghold platform across multiple Georgian banks. This effort allowed the banks to quickly adapt to regulatory changes, minimize operational disruptions, and enhance compliance capabilities. The Stronghold platform provided robust solutions for monitoring, reporting, and adhering to the new AML/CFT regulations, ensuring the banks met regulatory requirements and reinforced their commitment to financial integrity and security.
Similarly, Thredd, a leading London-based card processor, modernized its fraud prevention with D8's StrongHold Fraud Prevention Platform. This real-time screening engine handles up to 1,200 transactions per second with sub-20 millisecond processing times, ensuring effective fraud detection and prevention. Today, Thredd processes billions of transactions annually, supporting over 100 fintechs, digital banks, and finance providers in 44 countries. D8’s ongoing support underscores the platform’s scalability and reliability, aiding clients in the evolving digital transaction landscape. While the banking industry continues to evolve, D8 Corporation stays dedicated to developing innovative solutions that enable financial institutions to flourish in a more digital environment. The organization’s focus on novelty, collaboration and client-centricity makes it well-positioned to shape the future of global banking.
