Mastercard Introduces Connected Intelligence: Reduce your false declines
Mastercard's Connected Intelligence is designed to help merchants identify weak links in their transaction stream vis-a-vis fraud detection and false declines.
5 PayPal Chargeback Scams & How to Prevent Them
Even though PayPal is well-known for being secure, easy to use, and easy to integrate if you're a seller, it doesn't come without its issues. As with most other payment processors, PayPal is susceptible to abuse, especially when it comes to PayPal chargeback fraud.
Who’s In Your Wallet: Data breaches and you
Data hacks have far reaching consequences that affect all of us, especially merchants. While hacks of big data aggregators like CapitalOne make sensational headlines, smaller businesses like yours are the preferred target of hackers looking to steal and sell data.
Developing Artificial Intelligence to Terminate Fraud
Vladimir Putin recently endorsed artificial intelligence as the key to world domination, and hence it’s his new BFF. Elon Musk just admitted that SpaceX was really an escape pod to other planets for when AI goes full-Terminator. But in the [...]
Ticketing: A fraud favorite
Ticketing vendors have fast become a primary target for criminal fraud and chargeback fraud. Despite that the ticketing business is not considered a high-risk MCC by the credit cards, it’s actually a perfect environment for both types of fraud. Active [...]
A Fraud Is Born: 5 common credit card frauds
Ever ask yourself “how did those credit card numbers get stolen?” You should, since this day and age we’re all potential victims of credit card fraud. We’ve looked at what happens once cardholder data is stolen here, and what merchants [...]
Hacking the Hype: The Equifax Breach
Now that all the click-bait panic buttons have been exhausted from the Equifax breach, we take a calm, collected look at it... from the perspective of black-hat experts. To them, the breach and its fallout are just business as usual. [...]
5 mistakes you’re making in fraud prevention
1. You're not capturing transactional data. We say it all the time, and we will continue to until it sinks in. Merchants need to capture key data on each transaction, including customer identity, order details, and user login logs. Not [...]
The Fraud Ecosystem: From hack to chargeback
In 2014, top retailers Target, Home Depot, and CVS were all hacked, exposing over 100 million credit card records. In 2015, it was Walmart, Anthem, and AshleyMadison. In 2016, FriendFinder announced nearly half a billion accounts were hacked. And Yahoo [...]
Don’t Go It Alone When Fighting Fraud
Fraud prevention is a tightrope act. You want to protect your business from fraud and chargebacks. But if you overprotect, your bottom line can suffer. Absolutely do what you can to prevent fraud, but know what you can do in-house [...]
Friendly Fraud, Awkward Enemy
Friendly fraud has fast gown into a pandemic. Find out what you're up against as a merchant and learn how to fight back!
5 Tactics to Unfriend Friendly Fraud
Our mission at ChargebackHelp is to prevent chargebacks and safeguard your merchant accounts. But an ounce of prevention is worth a pound of cure, so it’s important for merchants to know how to fortify their transactions with preventative measures without [...]