Blog

New Gun Kit Regulations Place Acquirers at Risk

On August 24, 2022, gun kits that can assemble into full unmarked firearms—known as “ghost guns”—will be subject to the same regulations as commercially sold, fully assembled weapons. The new rule set by the Bureau of Alcohol, Tobacco, Firearms, and Explosives (ATF) aims to ban the manufacturing of ghost guns and help serialize weapons already… read more

Post Date: Posted on June 23, 2022 Post Categories: ATF, Gun Kits, Illicit Goods

Learn From The Pros:
Build A Winning Merchant Portfolio

At the championship level, winning sports teams are carefully constructed—each athlete hand-selected based on their physical ability, past athletic achievements, and overall reputation. This process of player evaluation has created sports dynasties like Brazil’s national football team, who won back-to-back World Cups in 1958 and 1962, before winning a third in 1970.  What if you… read more

Post Date: Posted on June 17, 2021June 18, 2021 Post Categories: Know Your Customer, Merchant Underwriting

Upcoming Webinar: Merchant Outlet Check

Newly implemented guidelines require additional information on a merchant’s basic location. A merchant account lacking an address upon checkout may suggest illegal activity. Join G2 for a 30-minute webinar on…

Post Date: Posted on February 23, 2017 Post Categories: Blog

G2’s Merchant Risk Summit Series Expands in 2017

After the 2016 Merchant Risk Summit, we asked attendees how we would improve our event in 2017. You gave us your feedback and we listened. Four Cities, Four Events…

Post Date: Posted on October 25, 2016 Post Categories: Blog

UK Ban on Legal Highs Turns Dealers to Transaction Laundering

Following the path of traditional drugs, sellers are hiding these substances from law enforcement through the means of e-commerce and Transaction Laundering. Acquiring banks will be responsible for…

Post Date: Posted on July 14, 2016 Post Categories: Blog

Fraud vs. Compliance for Payment Facilitators

What is a greater of concern for payment facilitators — fraud or compliance? That question was posed to me last week at Payment Facilitator Day, part of ETA Transact 2016. The answer…

Post Date: Posted on May 3, 2016 Post Categories: Blog

Preventing Affiliate Fraud: A Process for Processors

Affiliate marketing is on the rise as merchants seek new methods and better tools to improve their marketing reach, broaden brand exposure and increase overall revenue. In order to stand out from a multitude of competing online marketplaces, affiliate programs can offer…

Post Date: Posted on April 19, 2016 Post Categories: Blog

Transaction Launderers Prey on Disconnected Acquirers

Eradicating transaction laundering from your portfolio is a group effort. Disconnected teams will not suffice. A well trained risk management organization, working cohesively, will be best prepared when violators strike. To defeat savvy fraud rings, today’s risk professionals need to…

Post Date: Posted on April 5, 2016 Post Categories: Blog

AML Takeaways from the MAC Conference Last Week

The 2016 Merchant Acquirers’ Committee (MAC) Annual Conference provided a wealth of informative sessions, offering attendees the opportunity to listen, learn and discuss the latest developments in the…

Post Date: Posted on March 15, 2016 Post Categories: Blog

Illegal Drugs and Pharma: The Kingpins of New Risk

Gone are the days of shady dealings on the dark street corner. The new millennium welcomed drug sales to our computer screens, making anything and everything available at the click of a button. Street drugs and prohibited pharmaceuticals and nutraceuticals of all types can now be acquired…

Post Date: Posted on March 2, 2016 Post Categories: Blog