This course is a practical introduction to assessing potential e-commerce merchants as part of the underwriting process. Students will learn how to verify the identity of business principals and unravel corporate structures as part of anti-money laundering checks. They will learn how to conduct forensic reviews of merchant websites. And benefit from real-life case studies, tips and tools to help them with investigations.
‘Introduction to Merchant Acceptance & Underwriting’ is designed for risk management and compliance staff responsible for making go/no-go decisions about whether to on-board merchants. It is suitable for those who are new to an acquirer risk management department, new to your business, or new to signing e-commerce merchants.
Learning Objectives:
- Understand how to investigate and evaluate potential e-commerce merchants as part of the underwriting process
- Be able to calculate financial exposure with a view to making go/no-go signing decisions and creating a balanced portfolio
- Understand how to acquire high-risk merchants profitably
- Be able to devise policies and procedures to manage risk exposure