On Wall Street, you are only as good as your last trade. In banking, you might only be as good as your latest customer’s reputation. Sound far-fetched? Consider Know Your Customer (KYC). Now, let’s extend the links in the chain just a bit: Know Your Customer’s...
Agree or disagree with the Second Amendment, there’s nothing wrong with a website selling goods like hats and t-shirts to people who wish to wear their support on their sleeves. Or is there? Banks didn’t notice it at first, but on closer scrutiny, one particular...
Online stores purporting to sell assorted household goods are being used as a front to collect internet gambling payments, reported Reuters. Per an examination by the international news agency, seven “dummy” sites operating in Europe pretended to sell DVD cases, fabric, flags, gift wrap, maps, mechanical...
Getting paid is a worker’s number one priority — including the fraudster. And that’s why they have turned to alternative payments as a way to both get paid and elude the traps that fraud detection systems have put up to find them. With that new focus...
November 20, 2017
Know your customer. Know your customer’s customer. Commerce is a linked chain and for FIs, what they do not know will hurt them. In the latest Topic TBD, Jane Hennessy, G2 Web Services’ head of external relations, relates how reputation monitoring can make all the difference when it comes to uncovering risk.
October 13, 2017
On Wall Street, you are only as good as your last trade. In banking, you might only be as good as your latest customer’s reputation. Sound far-fetched? Consider Know Your...
September 01, 2017
Agree or disagree with the Second Amendment, there’s nothing wrong with a website selling goods like hats and t-shirts to people who wish to wear their support on their sleeves....
April 18, 2017
Getting paid is a worker’s number one priority — including the fraudster. And that’s why they have turned to alternative payments as a way to both get paid and elude the...
June 23, 2017
Online stores purporting to sell assorted household goods are being used as a front to collect internet gambling payments, reported Reuters. Per an examination by the international news agency, seven “dummy” sites operating in Europe pretended to sell DVD cases, fabric, flags, gift wrap, maps, mechanical tape and pin badges, among other items. The sites were […]
June 23, 2016
A recent guest blog presented by G2 Web Services explores the obligations acquirers and third parties have when it comes to filing a Suspicious Activity Reporting (SAR) form if there...
April 06, 2016
The computer can bring anything to you: entertainment, deep knowledge, new language … why not drugs? As is the case with anything that involves a transaction, the rules of supply...
