Payments Urban Legends Come True: The Hidden Dangers For Acquirers and FIs


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Urban legends are “remarkable” in many senses of the word, sustaining themselves as fact over decades and passed from one person to the next with viral fascination. Urban legends also often make it hard to separate fact from fiction, and often their stories are made more glamourous-sounding over the years, despite the dangers that may lurk beneath.

Payments has its own urban legends, and many of them are more dangerous than fascinating. These urban legends often describe the kinds of dangers hidden in the portfolios of acquirers and financial institutions.

On Wednesday, October 19th at 1:00 PM (EST) join Allison Guidette, CEO of  G2 and Karen Webster, CEO of MPD as they discuss three well-known urban ‘legends’, how these real-life threats have been discovered, and how these urban legends have been extinguished.

Industry threats include:

– Anti-consumer and other dishonest activity masquerading as legitimate business

– Prohibited drug and pharma sales concealed by Transaction Laundering

– Fraud syndicates and violators that return again and again

Join us for a peek into what to watch for, and tips for keeping these ‘legends’ out of your portfolio.

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Digital Discussion Presenter: 

g2-ceoAllison Guidette
CEO of G2 Webs Services 

Chief Executive Officer Allison Guidette is responsible for setting the strategic direction and driving customer-centric innovation and growth at G2 Web Services.

She brings more than 15 years of general management experience in information and technology for professional services industries. Most recently, she served as managing director at Thomson Reuters, running a $1B growing portfolio of businesses providing software, big data solutions and practice tools. In prior roles, she ran Thomson Reuters’ litigation business and its business of law group, where she co-invented the industry’s premier financial benchmarking solution.

Previously, Allison served as SVP of Product Management & Marketing at Merrill Corporation. Earlier in her career, she ran client services for CEB and held positions with law firms in Hong Kong and Brussels.

Allison is a frequent speaker on industry trends, data analytics and change management. She earned both her B.A. and M.A. degrees from the University of Virginia.

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Digital Discussion Host: 

karen-websterKaren Webster
CEO, Market Platform Dynamics

Karen Webster is one of the world’s leading experts on payments, commerce and retail innovation and a strategic advisor to CEOs and boards of multinational players in those sectors. As CEO of Market Platform Dynamics, she works extensively with the most innovative players in the payments, financial services, mobile, retail, B2B, digital media and technology sectors to help them maximize the value of their platform assets, design disruptive new business models and ignite and monetize new innovation.



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