Latest news with #EverC
Business Upturn
7 days ago
- Business
- Business Upturn
G2 Risk Solutions and EverC Combine to Cement Global Reach and Set a New Standard for AI-Powered Merchant Risk Solutions
Business Wire India G2 Risk Solutions (G2RS) and EverC today announced the signing of an agreement to combine, representing a significant advancement in the companies' collective mission to defend global e-commerce from fast-evolving merchant and online marketplace threats. The transaction is expected to close in the third quarter of 2025, subject to customary closing conditions. Since their founding, the companies have run on parallel tracks, mobilizing advanced technology and deep domain expertise to protect the global digital payments industry's most influential stakeholders. As one entity, they will set a new standard for innovation, leveraging EverC's advanced AI capabilities to accelerate the most robust product roadmap in the payments risk ecosystem. Once combined, the two companies will collectively serve nearly every major payment provider on the globe, including leading banks, merchant acquirers, international marketplaces and fast-growing online platforms. Brian Longe, chief executive officer of G2RS, will serve as CEO of the combined company. EverC CEO Ariel Tiger will serve as an adviser through the end of the year to support a smooth transition. The G2RS and EverC teams will continue to operate globally with offices in the U.S., Europe, India and Israel. 'G2RS and EverC have long traveled toward the same North Star, safeguarding digital commerce and the people who depend on it,' said Longe. 'We move forward as one team with a shared vision to redefine what market leadership looks like in the merchant risk space. Leveraging each other's strengths as a unified force on a singular track, we will accelerate to deliver faster, smarter business outcomes and solutions for our clients and the global digital economy. We're poised to achieve more together than we ever could apart, aligned in our commitment to root out fraud and illegal activities and help our customers grow with confidence and integrity.' Tiger echoed Longe's sentiment, adding 'We share a purpose to stop the increasingly sophisticated global threats from bad actors who seek to exploit the payments ecosystem. With our two teams working together, our impact can be exponential. This elevates our game in every facet of the business, pushing the envelope technologically and setting new standards for merchant portfolio performance.' News of the plan to combine comes on the heels of several major announcements from the market leaders. In Q1 2025, G2RS acquired WebShield owner ZignSec AB, strengthening G2RS' presence and merchant risk capabilities in Europe. Also this year, EverC rolled out two significant AI-powered product announcements that brought real-time risk intelligence to the payments industry. Those products include an instant merchant onboarding solution that adds merchants faster without introducing increased portfolio risk and a risk assessment solution that automatically scans marketplaces for illicit product listings and regulatory policy violations. The companies' mutual impact—exemplified by prominent spots on industry rankings like the RegTech100 and the Top 100 Financial Technology Companies—has grown exponentially in recent years amid the rapid growth of digital commerce and the pressing need to stop fraud, illicit online sales and dangerous transactions. The mission-focused companies have agreed not to publicly disclose financial terms of the deal. The transaction is being supported by several advisors, including DLA Piper LLP, which is acting as legal advisor to G2RS; Deutsche Bank, acting as financial advisor to EverC; and Meitar, acting as legal advisor to EverC. About G2 Risk Solutions G2 Risk Solutions is the definitive expert in risk and compliance business intelligence for financial institutions and online platforms. We are industry pioneers providing market-leading solutions for merchant risk, digital commerce risk, bankruptcy risk, and credit risk and regulatory reporting. We are driving innovation and shaping the future of risk management through unprecedented data, technology, and global compliance and risk expertise, providing the financial services and digital commerce ecosystems with the tools needed to navigate complex and ever-changing regulatory requirements and mitigate risk. To learn more, visit About EverC EverC is an innovative, mission-driven risk management company using core AI technology to fight bad actors and foster ecommerce growth, empowering a safer digital ecosystem for all. Leveraging a proprietary dataset, EverC solutions identify the patterns that signal risk, generating deep intelligence and holistic insights to map each customer's unique risk universe. EverC helps marketplaces, payment providers, acquirers, and banks mitigate risk while enhancing operational efficiency so they can focus on revenue and scalable growth. View source version on Disclaimer: The above press release comes to you under an arrangement with Business Wire India. Business Upturn take no editorial responsibility for the same. Ahmedabad Plane Crash
National Post
05-08-2025
- Business
- National Post
G2 Risk Solutions and EverC Combine to Cement Global Reach and Set a New Standard for AI-Powered Merchant Risk Solutions
Article content Next phase of companies' collective growth will solidify its position as market leaders in risk management, advancing the resilience of the global digital payments ecosystem Article content BURLINGAME, Calif. — G2 Risk Solutions (G2RS) and EverC today announced the signing of an agreement to combine, representing a significant advancement in the companies' collective mission to defend global e-commerce from fast-evolving merchant and online marketplace threats. The transaction is expected to close in the third quarter of 2025, subject to customary closing conditions. Article content Article content Since their founding, the companies have run on parallel tracks, mobilizing advanced technology and deep domain expertise to protect the global digital payments industry's most influential stakeholders. As one entity, they will set a new standard for innovation, leveraging EverC's advanced AI capabilities to accelerate the most robust product roadmap in the payments risk ecosystem. Article content Once combined, the two companies will collectively serve nearly every major payment provider on the globe, including leading banks, merchant acquirers, international marketplaces and fast-growing online platforms. Article content Brian Longe, chief executive officer of G2RS, will serve as CEO of the combined company. EverC CEO Ariel Tiger will serve as an adviser through the end of the year to support a smooth transition. The G2RS and EverC teams will continue to operate globally with offices in the U.S., Europe, India and Israel. 'G2RS and EverC have long traveled toward the same North Star, safeguarding digital commerce and the people who depend on it,' said Longe. 'We move forward as one team with a shared vision to redefine what market leadership looks like in the merchant risk space. Leveraging each other's strengths as a unified force on a singular track, we will accelerate to deliver faster, smarter business outcomes and solutions for our clients and the global digital economy. We're poised to achieve more together than we ever could apart, aligned in our commitment to root out fraud and illegal activities and help our customers grow with confidence and integrity.' Article content Tiger echoed Longe's sentiment, adding 'We share a purpose to stop the increasingly sophisticated global threats from bad actors who seek to exploit the payments ecosystem. With our two teams working together, our impact can be exponential. This elevates our game in every facet of the business, pushing the envelope technologically and setting new standards for merchant portfolio performance.' Article content News of the plan to combine comes on the heels of several major announcements from the market leaders. In Q1 2025, G2RS acquired WebShield owner ZignSec AB, strengthening G2RS' presence and merchant risk capabilities in Europe. Also this year, EverC rolled out two significant AI-powered product announcements that brought real-time risk intelligence to the payments industry. Those products include an instant merchant onboarding solution that adds merchants faster without introducing increased portfolio risk and a risk assessment solution that automatically scans marketplaces for illicit product listings and regulatory policy violations. Article content The companies' mutual impact—exemplified by prominent spots on industry rankings like the RegTech100 and the Top 100 Financial Technology Companies—has grown exponentially in recent years amid the rapid growth of digital commerce and the pressing need to stop fraud, illicit online sales and dangerous transactions. Article content The mission-focused companies have agreed not to publicly disclose financial terms of the deal. Article content The transaction is being supported by several advisors, including DLA Piper LLP, which is acting as legal advisor to G2RS; Deutsche Bank, acting as financial advisor to EverC; and Meitar, acting as legal advisor to EverC. Article content About G2 Risk Solutions Article content G2 Risk Solutions is the definitive expert in risk and compliance business intelligence for financial institutions and online platforms. We are industry pioneers providing market-leading solutions for merchant risk, digital commerce risk, bankruptcy risk, and credit risk and regulatory reporting. We are driving innovation and shaping the future of risk management through unprecedented data, technology, and global compliance and risk expertise, providing the financial services and digital commerce ecosystems with the tools needed to navigate complex and ever-changing regulatory requirements and mitigate risk. To learn more, visit Article content About EverC Article content EverC is an innovative, mission-driven risk management company using core AI technology to fight bad actors and foster ecommerce growth, empowering a safer digital ecosystem for all. Leveraging a proprietary dataset, EverC solutions identify the patterns that signal risk, generating deep intelligence and holistic insights to map each customer's unique risk universe. EverC helps marketplaces, payment providers, acquirers, and banks mitigate risk while enhancing operational efficiency so they can focus on revenue and scalable growth. Article content Article content Article content Article content Contacts Article content Media Contact: Article content Article content Article content Article content
Business Wire
05-08-2025
- Business
- Business Wire
G2 Risk Solutions and EverC Combine to Cement Global Reach and Set a New Standard for AI-Powered Merchant Risk Solutions
BURLINGAME, Calif.--(BUSINESS WIRE)--G2 Risk Solutions (G2RS) and EverC today announced the signing of an agreement to combine, representing a significant advancement in the companies' collective mission to defend global e-commerce from fast-evolving merchant and online marketplace threats. The transaction is expected to close in the third quarter of 2025, subject to customary closing conditions. Once combined, the two companies will collectively serve nearly every major payment provider on the globe, including leading banks, merchant acquirers, international marketplaces and fast-growing online platforms. Share Since their founding, the companies have run on parallel tracks, mobilizing advanced technology and deep domain expertise to protect the global digital payments industry's most influential stakeholders. As one entity, they will set a new standard for innovation, leveraging EverC's advanced AI capabilities to accelerate the most robust product roadmap in the payments risk ecosystem. Once combined, the two companies will collectively serve nearly every major payment provider on the globe, including leading banks, merchant acquirers, international marketplaces and fast-growing online platforms. Brian Longe, chief executive officer of G2RS, will serve as CEO of the combined company. EverC CEO Ariel Tiger will serve as an adviser through the end of the year to support a smooth transition. The G2RS and EverC teams will continue to operate globally with offices in the U.S., Europe, India and Israel. 'G2RS and EverC have long traveled toward the same North Star, safeguarding digital commerce and the people who depend on it,' said Longe. 'We move forward as one team with a shared vision to redefine what market leadership looks like in the merchant risk space. Leveraging each other's strengths as a unified force on a singular track, we will accelerate to deliver faster, smarter business outcomes and solutions for our clients and the global digital economy. We're poised to achieve more together than we ever could apart, aligned in our commitment to root out fraud and illegal activities and help our customers grow with confidence and integrity.' Tiger echoed Longe's sentiment, adding 'We share a purpose to stop the increasingly sophisticated global threats from bad actors who seek to exploit the payments ecosystem. With our two teams working together, our impact can be exponential. This elevates our game in every facet of the business, pushing the envelope technologically and setting new standards for merchant portfolio performance.' News of the plan to combine comes on the heels of several major announcements from the market leaders. In Q1 2025, G2RS acquired WebShield owner ZignSec AB, strengthening G2RS' presence and merchant risk capabilities in Europe. Also this year, EverC rolled out two significant AI-powered product announcements that brought real-time risk intelligence to the payments industry. Those products include an instant merchant onboarding solution that adds merchants faster without introducing increased portfolio risk and a risk assessment solution that automatically scans marketplaces for illicit product listings and regulatory policy violations. The companies' mutual impact—exemplified by prominent spots on industry rankings like the RegTech100 and the Top 100 Financial Technology Companies—has grown exponentially in recent years amid the rapid growth of digital commerce and the pressing need to stop fraud, illicit online sales and dangerous transactions. The mission-focused companies have agreed not to publicly disclose financial terms of the deal. The transaction is being supported by several advisors, including DLA Piper LLP, which is acting as legal advisor to G2RS; Deutsche Bank, acting as financial advisor to EverC; and Meitar, acting as legal advisor to EverC. About G2 Risk Solutions G2 Risk Solutions is the definitive expert in risk and compliance business intelligence for financial institutions and online platforms. We are industry pioneers providing market-leading solutions for merchant risk, digital commerce risk, bankruptcy risk, and credit risk and regulatory reporting. We are driving innovation and shaping the future of risk management through unprecedented data, technology, and global compliance and risk expertise, providing the financial services and digital commerce ecosystems with the tools needed to navigate complex and ever-changing regulatory requirements and mitigate risk. To learn more, visit About EverC EverC is an innovative, mission-driven risk management company using core AI technology to fight bad actors and foster ecommerce growth, empowering a safer digital ecosystem for all. Leveraging a proprietary dataset, EverC solutions identify the patterns that signal risk, generating deep intelligence and holistic insights to map each customer's unique risk universe. EverC helps marketplaces, payment providers, acquirers, and banks mitigate risk while enhancing operational efficiency so they can focus on revenue and scalable growth.
Finextra
31-07-2025
- Business
- Finextra
Risk management firm EverC and AWS collaborate to fight fraud
Since Q4 2024, EverC, a leading provider of AI-driven risk management solutions for digital commerce, has been working with Amazon Web Services (AWS) to support innovation. 0 This content is provided by an external author without editing by Finextra. It expresses the views and opinions of the author. EverC began to integrate GenAI into their core solutions, with an eye to streamlining and scaling risk management for acquiring banks, payment processors, and online marketplaces. Leveraging AWS GenAI solutions has allowed EverC to set new industry standards in the use of AI to identify and root out online fraud. Through a multi-model approach, EverC deploys AI to: • Fully automate processes, enhancing efficiency and reducing the need for manual intervention • Classify merchants, MCCs, content, categories, and products quickly and accurately. • Add new features and functionality, for a solution that evolves dynamically. • Achieve precision comparable to human analysts, in a way that is more efficient with time, cost, and resources. • Identify novel patterns and anomalies, for a more comprehensive picture of risk. • Rapidly adjust to customers' risk tolerance and business goals, as well as changes in regulations and industry trends EverC leverages sophisticated artificial intelligence to address the intricate challenges within a complex industry. Recognizing that risk management requires tailored solutions, the company develops AI-driven technologies that are not one-size-fits-all. EverC emphasizes the crucial role of its data and domain experts, who continuously train, refine, and verify these models to ensure their ongoing effectiveness in a constantly evolving landscape. AI is considered a fundamental driver of EverC's growth and scalability. Through the implementation of automated processes, the company experiences accelerated development, reduced latency in production, and significant operational and cost efficiencies. EverC believes that AI enables exponential growth, overcoming the limitations associated with linear growth models that are dependent on the number of analysts. Going forward, EverC will continue to develop AI-driven technology to solve the increasingly complex challenges of payments and ecommerce, shifting more classification tasks into Gen-AI based on AWS Bedrock, testing and evaluating various models, and building agentic systems for proactive, complex, and autonomous systems. Working together with AWS will allow EverC to remain in the forefront of AI-driven technological advancements but also aligns with AWS's mission to promote the use of Generative AI to support innovation worldwide. EverC is proud to promote its utilization of GenAI, which has significantly transformed its processes – and its products.
