News on regulation, fraud, and card scheme rules

We caught up with Ken Gamble after his presentation at RiskConnect Virtual 2021 to find out more about the battle between good and evil in cyberspace.

‍Mastercard is introducing revised standards for those who acquire adult merchants, effective 15 October 2021. Some of these new requirements are significant and will impact how acquirers on-board and monitor their adult content merchants.

High-Risk Verification for Web Shield’s InvestiGate delivers a full compliance review of any adult content merchant to help you comply with Mastercard rules.

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 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.

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.

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.

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?

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.