Web Shield blog
News on regulation, fraud, and card scheme rules
We keep you updated on card scheme rules, fraud trends, underwriting best practices, and Web Shield products.
Fraud focus
The evolving threat of transaction laundering in 2024
Transaction laundering in the future has the potential to disguise illegal transactions as legitimate by using fake businesses, synthetic identities, and advanced technology.
Web Shield update
GM Sectec and Web Shield partner to empower merchant underwriters in Latin America
Web Shield is partnering with GM Sectec, a global leader in cybersecurity, to bring Web Shield's state-of-the-art underwriting and monitoring solutions to the Latin American market.
Fraud focus
UK Companies: The money launderer’s getaway vehicle of choice
When it comes to setting up shell companies, UK limited companies and limited liability partnerships (LLPs) are the top choices for money launderers. We explain why.
Web Shield update
A New chapter for Web Shield
Web Shield is now a member of the ZignSec family – the Swedish RegTech company famous for its global Identity Verification Platform and one of the first RegTech companies to be listed on the NASDAQ composite.
Fraud focus
The impact of Covid-19 on money laundering
Covid-19 has not fundamentally altered the predicate offenses for money laundering. Fraud is still fraud. Theft is still theft. Yet scam methodologies and money laundering typologies have changed.
Fraud focus
Trust is a form of risk: Why knowing who to trust is critical for business success
Trust is a form of risk: Cybercriminals have overcome the trust problem to cooperate and build an illicit shadow economy on a grand scale - what are the learnings for risk professionals?
Regulation round-up
A look at Mastercard's requirements for deferred delivery merchants
Since November 2020, Mastercard rules require registration of so-called Deferred Delivery Merchants (DDM) with a quarterly volume of more than $5 million. This article looks at the specific requirements of the rule.
Regulation round-up
A European CBD ruling and its implications for acquirers
We examine the implications for acquirers and payment service providers of last year’s ruling from Europe’s highest court on CBD.
Underwriting trends
Fighting fraud and financial crime through collaboration
Mirela Ciobanu, Senior Editor at The Paypers shares her insights on how close collaboration of different parts of an organisation and third parties can facilitate a more effective defence against fraud and financial crime.
Regulation round-up
Mastercard introduces revised standards for adult content merchants
Card giant takes the lead in announcing new requirements for acquirers and their adult content merchants, particularly around controls, consent and the prohibition of child abuse material.
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