Affirmative Technologies and G2 Web Services Forge Strategic Partnership in Providing Superior Risk Management Tools for Banks and Payment Processors

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Affirmative Technologies, an innovative provider focusing on ACH processing software, announced it has entered into a partnership with G2 Web Services, the largest global provider of business risk intelligence solutions for acquirers, commercial banks and their value chain partners

"Our complimentary risk management tools used for merchant boarding and on-going monitoring, positions us to provide a holistic approach to risk management and customer due-diligence," noted George Bassous, CEO at Affirmative.

The partnership between Affirmative Technologies and G2 Web Services will bring together risk management tools that will help improve Know Your Customer programs as well as offer a platform to help identify anomalies prior to releasing ACH files out into the network.

George Bassous, chief executive officer at Affirmative Technologies noted, “We believe the combined strength of our complimentary products, KYC onboarding and monitoring tools, and ACH risk management platform, positions us to continue to further develop our market leading B2B payment solutions and risk monitoring tools developed specifically for financial institutions and third-party payment processors.”    

“We are excited to develop this new relationship,” said Dan Frechtling, chief product and marketing officer at G2 Web Services. “By joining forces and utilizing our different solution offerings, we have enhanced the way clients mitigate and monitor risk within their business customer portfolios."

About Affirmative Technologies
Since its inception in 1998, Affirmative Technologies has established itself as a leading innovator in the electronic payment industry. The combination of being bank and processor neutral, as well as a robust risk monitoring and settlement engine has made Affirmative a high value partner for Third-Party Processors and their subset, Third-Party Senders, as well as Financial Institutions.

About G2 Web Services
G2 has earned broad recognition as a fraud and compliance leader. It won two awards in the highly competitive Innovator Awards Series, a Most Innovative Company and Women Driving Innovation honors; was named a Securing Payments Finalist by Mobile Money & Digital Payments; was named a Winner Best Fraud Prevention by Florin; and was cited as a "comprehensive solution" for onboarding and monitoring by Aite Group.

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Sherry Knitter, AAP, Director of Business Development
Affirmative Technologies
+1 (727) 772-9881 Ext: 225
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Georisa Chang, KYC Marketing Manager
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