G2 Risk Solutions Expands Global Reach with EverC Acquisition
TL;DR
G2 Risk Solutions' acquisition of EverC provides businesses with advanced AI-powered risk solutions to gain competitive advantage in fraud prevention and secure transactions.
G2 Risk Solutions integrates EverC's AI technology to deliver comprehensive risk assessment tools through merchant onboarding, continuous monitoring, and automated risk management systems.
This transaction strengthens global e-commerce security, protecting consumers and businesses from fraud while creating safer online marketplaces for everyone.
G2 Risk Solutions now serves nearly every major payment provider worldwide with AI-powered risk tools like Smart Scan from offices across four continents.
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G2 Risk Solutions has announced the completion of its transaction with EverC, significantly expanding the company's global reach while adding proven artificial intelligence-powered risk solutions to its product portfolio. The acquisition enables G2RS to deliver a comprehensive suite of AI- and analyst-driven risk solutions designed to help global banks, merchant acquirers, and online marketplaces strengthen their defenses against fraud, scams, and illegal or unsafe transactions.
The combined capabilities now include recently launched Smart Scan, an AI-powered risk assessment tool specifically designed for marketplaces and their payment providers. This technology integration represents a significant advancement in the fight against increasingly sophisticated digital threats that plague e-commerce platforms worldwide. Other solutions from the enhanced G2RS portfolio include proprietary risk intelligence, merchant onboarding services, continuous monitoring systems, educational resources, professional services, scam detection solutions, and automated risk management platforms.
Rochelle Blease, president of G2RS, emphasized the strategic importance of the acquisition, stating that adding EverC's deep marketplace expertise and battle-tested AI to their portfolio promises to fortify online marketplaces against escalating threats. This reinforcement strengthens what has become the circulatory system of global e-commerce, ensuring safer transactions for businesses and consumers alike.
Brian Longe, chief executive officer of G2RS, highlighted the combined organization's potential to leverage proven AI and unrivaled expertise to raise the industry standard for e-commerce risk innovation. The executive noted that G2RS now serves nearly every major payment provider worldwide from offices strategically located across the United States, Europe, India, and Israel, creating a truly global risk management footprint.
The transaction represents a significant consolidation in the financial technology risk management sector, bringing together two mission-focused companies dedicated to combating digital fraud. While financial terms of the deal remain undisclosed, the strategic implications for the industry are substantial. The combined entity positions itself as a dominant force in providing comprehensive risk solutions that address the evolving challenges faced by financial institutions and digital commerce platforms operating in an increasingly complex regulatory environment.
Several prominent advisory firms supported the transaction, including DLA Piper LLP acting as legal advisor to G2RS, PJT serving as financial advisor to G2RS, Deutsche Bank acting as financial advisor to EverC, and Meitar performing as legal advisor to EverC. This high-level professional involvement underscores the transaction's significance within the financial technology and risk management sectors. More information about the company's expanded capabilities can be found at https://g2risksolutions.com.
The acquisition comes at a critical time when digital fraud continues to escalate globally, affecting businesses and consumers across all e-commerce sectors. By combining G2RS's established risk intelligence capabilities with EverC's AI-powered solutions, the merged entity is positioned to address the growing sophistication of cyber threats that cost businesses billions annually. This consolidation reflects the increasing demand for integrated, comprehensive risk management solutions that can adapt to rapidly changing threat landscapes while maintaining compliance with complex international regulations governing digital transactions and financial services.
Curated from citybiz
