“We Didn't Know” Is No Longer a Compliance Strategy The FTC's Humboldt Action Should Be a Wake-Up Call for Every Payment Processor, ISO and Sponsor Bank For years, there has been an uncomfortable reality inside payments. Sometimes the less you look, the less you find. And if you don't find it, perhaps nobody has to […]
“High Risk” Is Broken We Keep Classifying Businesses When We Should Be Measuring the Risk Inside Them "High risk should be the conclusion of a risk assessment—not the starting assumption based on an industry label." - Noah Fitzgerald, CPP, CRO Qredible, Inc. After 30+ Years in Payments, I Think We Need to Have an […]
What Every Chief Risk Officer Should Know About the Future of Merchant Risk Merchant Risk Is No Longer a Department. It's an Enterprise Strategy. ""The organizations that will lead the next decade won't simply manage risk more efficiently. They'll understand it more intelligently." - Noah Fitzgerald, CPP, CRO Qredible, Inc. Introduction For decades, merchant […]
Why Risk Teams Need Intelligence, Not More Reports Reporting Documents the Past. Intelligence Shapes the Future. ""The goal of a modern risk organization isn't to produce more reports. It's to produce better decisions." - Noah Fitzgerald, CPP, CRO Qredible, Inc. Introduction Walk into almost any risk department today and you'll see an impressive collection […]
The 781 Hemp Rule Is a Wake-Up Call for Payment Processors and Banks Why Product-Level Intelligence Is Becoming the New Standard for Merchant Risk For the past several years, the hemp industry has operated in one of the most complex and rapidly evolving regulatory environments in commerce. Federal guidance, state laws, card brand policies, and […]
Why Static Merchant Profiles Create Dynamic Risk The Biggest Risk in Merchant Underwriting May Be Assuming Merchants Don't Change ""Risk doesn't become dangerous because it exists. It becomes dangerous when it changes without anyone noticing." - Noah Fitzgerald Introduction One of the most common questions asked during merchant underwriting is remarkably simple. "What does […]
The Death of Merchant Files Why Tomorrow's Commerce Cannot Be Managed by Yesterday's Documents ""The merchant file isn't disappearing because documents no longer matter. It's disappearing because merchants no longer fit inside documents." - Noah Fitzgerald Introduction Walk into almost any underwriting department today and you'll find a familiar process. A merchant applies. Documents […]
