The holidays fast approach and across the country many retailers are getting prepped for the busiest shopping season of the year. For many retailers, the holidays can make or break the year. While many businesses will enjoy success over the [...]
Chargebacks are a major hassle and risk for merchants. Besides losing revenue from a transaction, merchants will also have to pay chargeback fees. Worse yet, a rising chargeback ratio could result in increased processing costs for every transaction ( including [...]
Not so long ago, chargebacks were difficult to prevent and contest. These days, a plethora of tools make preventing and combating chargebacks substantially less resource-intensive. Chargeback alerts, in particular, rank among the most effective and useful prevention tools. That’s why [...]
Chargebacks are a serious threat to businesses big and small. Half of merchants report that chargebacks are on the rise, and on average, associated costs have been increasing by 10% year-over-year (YOY). It’s crucial for managers, business owners, and other [...]
Understanding what AI is and isn't, and how it affects dispute management. Everything a merchant needs to know.
If you're in the travel industry, you're more familiar with chargebacks than most merchants. However, you may not be familiar with the tools available to reduce and manage chargebacks.
There is an arms race underway between hackers that use AI to commit fraud and the "white hat" AI that can be used to fight back.
The global video game industry is absolutely massive, with gross revenues projected at $385 billion for 2023 alone. To put that into perspective, the ever-glamorous movie industry pulled in a global box office worth only about $26 billion in 2022 [...]
For businesses big and small, cybersecurity is crucial. Lax security practices not only create vulnerabilities but can also result in fines from authorities and potentially even lawsuits. Phishing can lead to fraudulent transactions, which can lead to chargebacks.
EMV chips have made it virtually impossible to spoof physical cards, but these chips do little to prevent card-not-present fraud. eCommerce entrepreneurs commonly believe that skimmers are a brick-and-mortar problem. However, they're now more vulnerable to skimming than card-present merchants ever were.
AI is a scary-powerful tool that is now widely adopted and well-adapted to fight fraud for merchants. But as effective as AI may be, it's not a stand-alone solution to fraud. Examine the advantages and disadvantages of top 5 solutions.
How to stay ahead of the Contactless Payments craze.