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…
Payment Facilitators (PFs) are the newest entrants to the payments industry. From developing a platform and maintaining compliance, to funding investments and mitigating risk, payment facilitators…
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…
E-commerce has produced a multitude of new payment methods, including e-wallets, virtual currency, mobile and wearables. Unfortunately, it has also yielded a horde of new fraud categories. One form, transaction laundering, allows prohibited merchants to find safe passage into the payment system by exploiting valid merchant accounts.
Are you a victim of transaction laundering?
Today’s regulatory environment is uncertain and difficult to navigate. The risk factors for ACH/Check Processing are unique compared to those for credit card processing. As such, it is important to understand those differences and how to best manage your portfolio risk with thorough due diligence and ongoing monitoring. Additionally, banks are facing…
Improve merchant risk management and compliance with solutions that deliver more actionable risk insights at scale across your business processes. Learn More