Just who is responsible for the illegal transactions that are being processed daily? How exactly do these launderers operate? What are some of the most common…
Online marketplaces have become primary touchpoints for e-commerce transactions. But, before we delve into these advanced shopping mediums, let’s look at…
In the wake of recent events, many payment companies are eager to validate that they are not, directly or indirectly, facilitating dangerous hate groups engaged in illegal activities. Others may seek to distance their brands from hate speech, however legal. The latest risk…
Transaction laundering runs off the notion of profit. Money is the driving force behind a criminal’s urge to sell illegal goods. To gain the most profit from his business, a criminal must be able to accept all types of payments, especially…
G2 has been named a winner in the Fraud Fighter category by the 2017 Pay Awards. We are honored G2 Payment Laundering Detection has been selected as a successful method to help our clients…
The G2 team started 2017 off with a bang, well with four bangs actually. In the past few months, our team has traveled around the globe, sharing our voice on risk and compliance issues in…
The payments industry is ever evolving and with the introduction of alternative payment methods (APMs), criminals are flying under the radar, selling illegal goods online while laundering the transactions to appear legitimate. According to a…
Often, innocent looking sites can harbor transaction laundering. At G2, each website in an acquiring bank’s portfolio is carefully assessed for suspicious activity — first through technology and second by the human eyes of our expert analysts. However, even merchants categorized at low risk can…
Transaction laundering continues to be a major headache for the payments industry today. With alternative payment methods and advancements in technology, criminals are…
2016 has clearly left its mark on the payments industry. With the introduction of new products, new regulations and additional payment options, there is no question that we have felt an impact here at G2 Web Services. Transactions laundering continues to be a…
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