When Fraud Attacks in the Metaverse, Be Ready
The Internet revolutionized the global economy and with it fraud. It’s only a matter of time before fraud will also plague the Metaverse.
The Internet revolutionized the global economy and with it fraud. It’s only a matter of time before fraud will also plague the Metaverse.
Cryptocurrency also known as “coins”, “tokens” or simply “crypto”, this technology can be extremely useful to merchants in combating fraud and chargebacks.
It’s not a question of “if” manual review is needed, but of “where” can it be most effective. Let’s review where manual review can be effective.
Shopify is all-inclusive storefront solution for eCommerce merchants. It’s super-easy to set up and is used worldwide in over 175 countries.
Blacklisting is not a cure-all against eCommerce fraud even if it employs some useful mechanisms for catching suspected fraud.
Order Insight sends transaction data to issuing banks deflecting cardholder inquiries from becoming disputes and chargebacks.
AI may significantly reduce, if not completely terminate, credit card fraud, before it figures out how to enslave humanity.
Now that all the click-bait panic buttons have been exhausted from the Equifax breach, we take a calm look at it from the perspective of black-hat experts.
For best practise in fraud prevention merchants must capture key data on each transaction, including customer identity, order details, and user login logs.
We’ve put together a checklist of some key red flags that your gateway should be automated to catch in your transactions.