Back to top
Unique Zacks Analysis of Your Chosen Ticker
Pick one free report - opportunity may be withdrawn at any time
Mastercard Incorporated (MA) - $25 value - yours FREE >>
Visa Inc. (V) - $25 value - yours FREE >>
We use cookies to understand how you use our site and to improve your experience. This includes personalizing content and advertising. To learn more, click here. By continuing to use our site, you accept our use of cookies, revised Privacy Policy and Terms of Service.
You are being directed to ZacksTrade, a division of LBMZ Securities and licensed broker-dealer. ZacksTrade and Zacks.com are separate companies. The web link between the two companies is not a solicitation or offer to invest in a particular security or type of security. ZacksTrade does not endorse or adopt any particular investment strategy, any analyst opinion/rating/report or any approach to evaluating individual securities.
If you wish to go to ZacksTrade, click OK. If you do not, click Cancel.
Mastercard Incorporated (MA) - $25 value - yours FREE >>
Visa Inc. (V) - $25 value - yours FREE >>
Image: Bigstock
Verisk's G2 Teams up With NABP for Merchant Certification
Verisk Analytics, Inc.’s (VRSK - Free Report) G2 has entered into a strategic alliance with National Association of Boards of Pharmacy (NABP) to educate payments companies, merchants and marketplaces about pharmacy laws and standards. The broader goal is to ease the search of safe online pharmacies for customers and avoid health risks.
G2 is a provider of merchant risk management solutions. NABP is a certified non-profit association for pharmacy merchant registration. Both are members of the Alliance for Safe Online Pharmacies (ASOP).
We observe that Verisk’s shares have gained 17.5% year to date compared with 16.1% rise of the industry it belongs to.
Healthcare Merchant Certification Program
As a part of the collaboration, NABP will verify healthcare merchants through a healthcare merchant certification program. Merchants will fulfill Visa (V - Free Report) and Mastercard (MA - Free Report) requirements for card-not-present transactions. Also, they will be able to meet advertising criteria from Alphabet’s (GOOGL - Free Report) Google, Snapchat, Bing, Yahoo! and Twitter through this certification.
Dan Frechtling, president, G2, stated, "This new alliance will help acquirers, payment service providers, and payment facilitators serve pharma merchants safely and compliantly." "NABP cares about the public`s health and well-being, and its verification is recognized by Visa and Mastercard," he added.
Our Take
We believe that the move is an attempt by Verisk to boost its Financial services segment revenues. The performance of the segment was particularly weak in the last reported quarter. Revenues were $47.5 million, down 1.8% year over year. Currently, Verisk has a Zacks Rank #3 (Hold). You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.
Is Your Investment Advisor Fumbling Your Financial Future?
See how you can more effectively safeguard your retirement with a new Special Report, “4 Warning Signs Your Investment Advisor Might Be Sabotaging Your Financial Future.”
Click to get it free >>