Transaction Laundering: The Next Threat to the Payments Industry

June 10, 2015 • Published Categories Acquirer ProgramsTags , , , , , , , ,

Cross posted by D. E. Wilson, Jr., Venable LLP Transaction Laundering (TL), sometimes referred to as “undisclosed aggregation,” or “factoring,” is a growing threat to the payments industry. Money laundering by another name, it is the dark side of payment facilitation, an established, legitimate aggregation model … Read more