ETA Expert Insights: Anti-Money Laundering

The latest roundtable discussion with ETA’s Payment Facilitator Committee focused on AML – Anti-Money Laundering and what payment facilitators should look out for. The discussion was led by Nicole Meisner (Jaffe Law), Tom Gilligan (Aliaswire), Melissa Sutherland (Legistcript), Julie Schwartz (FIS Global), and Committee Chairs Deana Rich (Infinicept) and Caroline Hometh (RPY Innovations) provided participants with the following key takeaways.

Interested in joining the committee? Over the past year, we’ve also worked to harness the collective expertise of ETA and its members through our committees to help navigate industry-wide opportunities and challenges. In conjunction with ETA’s Risk, Fraud, and Security Committee, for example, the fourth edition of the ETA Guidelines on Merchant and ISO Underwriting and Risk Monitoring was released to help our members mitigate risk in U.S. card acceptance; the revised document includes updates related to COVID, e-commerce, privacy, and the FinCEN Beneficial Ownership Customer Due Diligence program. We are further expanding the work of our committees, providing forums to network and share best practices, and to demonstrate your organization’s thought leadership.