Compliance Genie is an AI-powered tool developed by Basis Theory and KapaAI that provides instant access to payments expertise. It acts as a personal guide through the complexities of payments regulations. The tool is optimized for answering questions about payments regulations, allowing users to spend less time searching the web or referencing rulebooks. Compliance Genie is trained to prioritize accuracy and provides updated, accurate responses based on the latest rules and regulations. However, users are encouraged to verify information from the original source as rules may change frequently. If the tool doesn’t have the answer, it will transparently communicate this to the user, avoiding misleading information. The tool evolves and becomes smarter with each question asked, learning from user feedback and incorporating additional sources. Some of the supported regulations include those for Visa and Mastercard, with more regulations expected to be added in the future. It ensures secure data storage in the PCI-compliant Basis Theory Vault, giving users control over the card collection flow using their preferred payment stack. Overall, Compliance Genie is a valuable tool for individuals and businesses seeking expert insights and guidance on payments regulations, leveraging AI technology to provide real-time and accurate information.
