Let’s face it: Your department is a cost center without a revenue stream to offset your cost structure. Hence, you are totally reliant on the revenue-producing units within the company to pay your way ...
Ever wondered how China’s Digital Yuan deals with the tricky business of chargebacks and refunds? In a world where digital transactions are king, understanding these processes is crucial. We’re about ...
When we think of chargebacks, it’s easy to assume they’re solely an issue for retailers, particularly e-commerce merchants who face high volumes of online fraud. Yet, chargebacks are a growing problem ...
IT organizations that would like to audit virtual machine usage for bill-backs to end users will have to wait: The current generation of virtual machine management tools doesn’t support that. “We ...
As digital marketplaces expand, so too does the complexity of managing financial risk. Among the most pressing concerns is chargeback fraud, a deceptive practice that exploits the dispute resolution ...
Many people view first-party fraud as a victimless crime, but it actually costs businesses $100 billion annually. More than one-third of Americans admit to committing this illegal activity. Even more ...
Lloyds has returned £2 million to customers in card chargebacks that would otherwise have been lost in transactions on scam and fake websites, according to the latest data from the bank. More than ...
As fraudsters’ tactics grow more sophisticated, merchants must fight back with a combination of vigilance and better technology—including AI. Chargebacks are currently the worst they have ever been ...
Trust and governance mechanisms are robust and work exceedingly well at scale. As a consumer, you can always rely on the well-trodden chargeback process through your card issuer. And, of course, ...
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