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G2 Names Information Industry Veteran Allison Guidette as CEO


News provided by

G2 Web Services, LLC

Sep 22, 2014, 06:00 ET

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BELLEVUE, Wash., Sept. 22, 2014 /PRNewswire/ -- G2 Web Services, a leading global provider of payment risk management services, today announced that Allison Guidette has been appointed as Chief Executive Officer. With deep understanding of Big Data, software, and services businesses, Guidette is uniquely poised to lead G2 in its next stage of service to the fast-evolving payment processing industry.

Guidette brings more than 15 years of general management experience in information and technology for professional services clients. She most recently honed her commitment to customer-focused innovation and service as managing director of the large law firms business at Thomson Reuters.

Her appointment at G2 is part of the company's ongoing strategy to leverage its unique data, systems, and client base to help solve industry problems. "G2 enjoys the proud legacy of a decade of leadership in the payments market," commented Jon Dick, Managing Director of Primus Capital. "As our global clients' needs quickly evolve with the market, Allison's professional management expertise and deep commitment to client engagement and innovation will ensure that the business stays at the forefront of risk management innovation for the next decade as well."

With rapid growth in the micromerchant market, an explosion of new payment methods, and the near-instant globalization of merchants in the payment system, clients require a central, global, and standard measure of merchant risk. Guidette's unique combination of entrepreneurial zeal, problem solving skill, and big business and data analytics experience, position her perfectly to deliver this standard to market.

G2 remains committed to its core business of providing world-class data solutions for the merchant acquirer market and continues to heavily invest in product and operational enhancements to improve client experience. Concurrently, G2 is introducing new products that respond to client demand for faster assessment of business counterparty risk and other compliance and regulatory risk challenges facing the payments industry. The G2 Compass Score™, a comprehensive risk assessment tool, is one example that enables users to predict merchant and ACH originator risk and profitability in near real-time through API or portal delivery.

Guidette commented on her appointment: "I am honored to lead G2 at this time in its rich history and energized by the company's strong relationships with more than 300 financial firms, global footprint, and proven results. I look forward to working with our clients and the G2 team to continue to enhance existing services and rapidly innovate frictionless risk management solutions into the decision-making process."

Guidette will be working out of G2's Bellevue, Washington headquarters.

About G2 Web Services
G2 Web Services is a leading global provider of merchant risk management solutions, including merchant due diligence, compliance, and fraud protection. G2 helps acquiring banks and payment service providers take on the appropriate level of risk in their merchant portfolios, while protecting against brand damage, illegal activity, and noncompliance assessments. G2 solutions include predicting new merchants' potential for risk at boarding, monitoring merchants' websites to ensure compliance with card network regulations and the law, and protecting against fraud, among others.

Since the company's inception in 2004, G2 Web Services has investigated, analyzed and linked data from millions of merchants, their websites, and their relationships, building the G2 Merchant Map®. The G2 Merchant Map is the industry's most extensive map of global merchant data, offering current and historical merchant relationships, merchant risk history and insight into merchant behaviors that no one else can provide.

The company is headquartered in Bellevue, Washington, with offices in London and Shanghai, and hundreds of clients worldwide. Learn more at: www.g2webservices.com.

Logo - http://photos.prnewswire.com/prnh/20130925/SF85676LOGO

SOURCE G2 Web Services, LLC

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