Blog

Kratom Moves to Schedule 1 Effective August 2016

On August 30, 2016 the Administrator of the Drug Enforcement Administration (DEA) issued a notice of intent to schedule the opioids mitragynine and 7-hydroxymitragynine, which are the main active constituents of the plant Kratom, into the schedule l category. The agency stated this action is based on…

Post Date: Posted on September 20, 2016 Post Categories: Blog

Payment Facilitators — Challenges and Solutions They Face

Being a Payment Facilitator (PF) can be challenging, from developing your platform and maintaining compliance, to funding investments and…

Post Date: Posted on September 1, 2016 Post Categories: Blog

Better Merchant Boarding with Customizable Risk Checks

For merchant acquirers, ISOs, PSPs, payment facilitators and other chain partners looking to onboard merchants quickly but efficiently…

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

Transaction Laundering: Green Sheet Highlights Telltale Signs

The Green Sheet Magazine is dedicated to the education and success of the ISO and MLS. Its August 08, 2016 issue includes a feature on the threat of…

Post Date: Posted on August 18, 2016 Post Categories: Blog

Spice: An Epidemic for Merchant Acquirers

A case study outlined by G2 last year highlighted a food ingredients company laundered for a spice drug syndicate. The psychoactive substance, also known as…

Post Date: Posted on August 16, 2016 Post Categories: Blog

Cleveland Rocked at MWAA Conference

The three days at MWAA featured an array of dynamic speakers from the merchant acquiring industry and an exhibit hall featuring the latest in…

Post Date: Posted on August 4, 2016 Post Categories: Blog

The Lengths Criminals Will Go to Perpetuate Fraud

It’s no secret that fraudsters are notoriously devious, enacting broad schemes of deceit that can span multiple offenses. Every time a fraudster changes their tactics, it makes tracking them more difficult for merchant acquirers and law enforcement. In the 11+ years that G2 Web Services has offered risk solutions to the acquiring market, we have identified millions of violations…

Post Date: Posted on July 27, 2016 Post Categories: Blog

Insight Hub: A Premiere Resource for TLD

The act of detecting and removing fraudulent merchants who are using transaction laundering techniques is a new and complicated process. In an effort to further aid our clients with comprehensive risk solutions, we launched the Insight Hub earlier this year as a way to connect our TLD clients with the latest information relating to the global, evolving threat of…

Post Date: Posted on June 21, 2016 Post Categories: Blog

Operation Pangea IX Takes Down Illegal Prescriptions

The Internet is a little safer today than it was last week, thanks to Operation Pangea an international law enforcement effort in cooperation with more than 190 police officers, customs and health regulatory authorities from…

Post Date: Posted on June 15, 2016July 30, 2019 Post Categories: Blog

Today’s Internet is a Golf Ball?

G2 was proud this week to join hundreds of acquirers and issuing banks at the MasterCard Global Risk Leadership Conference: Americas in Huntington Beach, CA. I sat in on one of the pre-conference sessions, at which MasterCard’s Jeff DePetro, teaming with Deana Rich of Rich Consulting, led a compelling overview of…

Post Date: Posted on May 18, 2016 Post Categories: Blog