BELLEVUE, Wash., Sept. 19, 2016 /PRNewswire/ -- G2 Web Services was chosen by Insights Success as one of The 10 Fastest Growing Financial Solution Provider Companies for 2016, recognizing its innovative payment risk management solutions.
"G2 is honored to be recognized by the market research and editorial teams at Insights Success," said Allison Guidette, G2's CEO. "G2 is committed to close client relationships, innovation and collaboration with like-minded partners to ensure that our solutions provide clients and our global network with the strongest defense against new and emerging threats in the payments system."
The company launched G2 KYC Solutions for commercial banks in 2015. The services, which meaningfully complement existing tools for BSA/AML compliance, help commercial banks, third-party payment processors and third-party senders make better onboarding decisions and effectively monitor their business customer portfolios for risk. G2 KYC Solutions go beyond identity verification and transaction monitoring to help FIs take a risk-based approach to managing portfolios for safe, profitable growth.
Last year, G2 also introduced the industry's best-adopted transaction laundering monitoring solution for the merchant acquiring market. G2's Transaction Laundering Detection (TLD) helps banks and their value chain partners to identify seemingly legitimate merchants who are processing credit card transactions for unknown and often illicit businesses. Leveraging 11 years of proprietary merchant risk data, advanced technology, data science and expert investigators, G2 TLD is the only multifaceted approach to protect FIs from this fast-developing fraud problem.
"G2 Web Services is an industry innovator and an outstanding workplace, which provides comprehensive and enduring solutions to the clients," said Vikram Suryawanshi, Managing Editor, Insights Success.
G2 is featured in the August 2016 issue of Insights Success magazine.
About G2 Web Services
G2 Web Services is a global information company using technology and analyst expertise to help banks, processors and their partners ensure safer and more profitable commerce. Clients representing over half of merchant outlets globally use G2's solutions to identify bad actors and keep them out of the payments system. Banks, processors and their partners use G2's data, tools and expertise to perform better due diligence and monitoring so they can grow their portfolios while taking on acceptable risk. Widely regarded as the market leader, G2 helps clients confidently handle known and unknown threats and manage changing rules and regulations.
G2 Web Services is headquartered in the US in Bellevue, WA, with offices in London.
About Insights Success
Insights Success is the best business magazine in the world for enterprises. It is a platform that focuses distinctively on emerging as well as leading fastest growing companies, their style of doing business and way of delivering effective and collaborative solutions to strengthen market share. Editorial content covers leaders' viewpoints and ideas, the latest products/services, and more. Insights Success magazine reaches out to 'C' Level professionals, VPs, Consultants, VCs, and Managers of various industries.
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SOURCE G2 Web Services