The Latest Trustwave News
Product and Solution Information, Press Releases, Announcements
|Trustwave Unveils New Transaction Laundering Detection Service|
|Posted: Mon Jan 09, 2017 05:27:18 PM|
Company Expands Suite of Merchant Risk Management Services
CHICAGO - January 9, 2017 - Trustwave today announced the launch of its transaction laundering detection (TLD) service that helps acquiring banks, payment processors, payment gateways and independent sales organizations (ISOs), monitor and manage merchant risk and offer value added services to customers. The Trustwave TLD service can help these organizations address illegal and undisclosed e-commerce transaction aggregation in which a website for a legitimate business is used to mask a hidden website selling goods or services prohibited by payment card brands.
Trustwave's TLD service is the latest addition to the Trustwave Web Risk Monitoring portfolio of services that helps organizations meet requirements of the Mastercard Merchant Monitoring Program (MMP), which includes the BRAM program. Trustwave Web Risk Monitoring includes:
Trustwave has offered web risk monitoring services since 2003 and routinely monitors millions of merchant websites with real-time reporting to the payment card brands.
"Trustwave has the industry's leading approach and tools to identify, prevent and remediate illegal e-commerce activity," said Michael Petitti, senior vice president of global alliances at Trustwave. "Integrating the new transaction laundering detection service into our web risk monitoring service offers acquiring banks, processor, gateways and ISOs a powerful tool to help protect their reputation and comply with card brand standards. With more than 20 years of experience in the payment industry, Trustwave is proud to help these organizations expand their risk mitigation capabilities and provide additional security services to their merchants."