Common questions.

A bank DDQ is a due diligence questionnaire used by banks and regulated partners to assess a fintech’s business, compliance, security, risk, financial, operational, and technology controls before approving a relationship.

The evidence is usually scattered across SOC 2 reports, PCI files, policies, AML/KYC documents, prior answers, product teams, security teams, and legal reviewers. The work is repetitive but still requires accuracy and approval.

RAVIQ helps fintech teams turn existing compliance and security evidence into cited, human-reviewed response packs for DDQs, RFPs, RFIs, and security questionnaires.

No. RAVIQ drafts and organizes evidence-backed answers, but human reviewers approve responses before export.

SOC 2 reports, PCI documentation, security policies, AML/KYC materials, prior DDQs, RFP answers, BCP/DR documents, incident response policies, access control policies, and other approved evidence.

Generic AI can draft text. RAVIQ is designed around evidence retrieval, source citations, stale-evidence checks, reviewer approval, and bank-ready response packs.

No customer evidence is used to train shared models. Human approval is required before export.

Fintechs automate sponsor bank DDQs by uploading the questionnaire into a system that matches each question to their existing compliance evidence - SOC 2 reports, PCI attestations, policies, and prior approved answers - then drafts cited answers that a human reviewer approves before export. RAVIQ is built specifically for this fintech-to-bank onboarding workflow.

Sponsor bank due diligence is the review a chartered bank performs before providing a fintech or PayFac access to payment rails - typically a security and compliance questionnaire covering information security, AML, vendor risk, business continuity, and regulatory controls.