13 May 20 @ 15:37

The sudden boom in e-commerce caused by government mandated social distancing and in-store business closures is already generating a sharp increase in fraud and chargebacks. “In the past few weeks,... read more

24 May 18 @ 12:45

Chargebacks were a $31 billion problem in 2017 — a burden that extends far beyond the liability for disputed transactions. Complying with complex and arcane rules that vary across networks... read more

13 Apr 18 @ 09:44

Acquiring gambling merchants is high risk. Or at least this always used to be the case. But in a regulated industry quick to adopt new technology, where the house always... read more

15 Jan 18 @ 13:00

Around $2 trillion is laundered every year and everyone is paying the price. Banks have huge regulatory overheads. Businesses and consumers encounter friction to open a bank account, transfer funds... read more

31 Oct 17 @ 09:50

The global e-commerce market continues to grow rapidly, and is predicted to be worth $2.4 trillion by 2019. As a result, the market continues to attract not merely ever-greater levels... read more

01 Jun 17 @ 13:58

E-commerce fraud as a percent of sales dollars has been declining across the board, except for two industries, since the first quarter of 2016. However, fraud losses still account for... read more

01 Sep 16 @ 09:44

High-risk acquiring often means high rewards for acquirers and payment service providers. However, balancing risk with reward in the e-commerce channel can be fraught with hazards for the unwary. The... read more

01 Sep 16 @ 09:31

Chargebacks have been part of card scheme dispute resolution rules for decades and reflect consumer protection regulations in many countries. However they are also the ultimate un-virtuous circle where almost... read more

19 Jan 16 @ 11:41

Payment card providers that are battling for market share are introducing new services to defend and expand their client base.  New initiatives by issuers bring a better customer experience.  However,... read more

16 Nov 15 @ 16:59

Global Risk Technologies is warning individuals and online retailers to be aware of hidden threats in the upcoming shopping extravaganza of Black Friday (27th November).  Experts are predicting it to create... read more

26 Aug 15 @ 15:28

The credit card was originally designed for making cashless purchases at stationary retailers. The idea was that the cardholder would produce the signed card when paying – when he or she... read more

17 Apr 15 @ 12:45

Global Risk Technologies (GRT) recently examined friendly fraud, and found approximately 86% of chargebacks are fraudulent, and many consumers bypass merchants to directly file complaints with card-issuing banks. GRT CIO... read more

04 Feb 15 @ 12:43

LexisNexis Risk Solutions has released its annual True Cost of Fraud Mobile study, which indicates that as merchants flock to the mobile channel so too are fraudsters. Revenue that mobile commerce (mCommerce)... read more

22 Dec 14 @ 16:31

Technology will give fraudsters an edge in 2015, but it will also provide new tools for organisations and investigators, according to experts from the Association of Certified Fraud Examiners (ACFE)... read more