Chargeback

Hudson Software Chooses Chosen Payments Payment Integration Platform

Retrieved on: 
Monday, March 25, 2019
Chargeback, Payment systems, Economy, Financial services, E-commerce, Money

Hudson Software has incorporated Chosen Payments processing platform into their suite of software solutions for livery operators.

Key Points: 
  • Hudson Software has incorporated Chosen Payments processing platform into their suite of software solutions for livery operators.
  • Through the partnership, Chosen Payments is now able to offer Hudson clients many added benefits which saves significant amounts of money and time.
  • Hudson will refer clients to Chosen Payments for a guaranteed savings or Chosen Payments will pay $500 towards the client's support fees to Hudson while offering; chargeback assistance, white glove service and Level II& III data savings.
  • "Hudson is very excited to partner with Chosen Payment, a strong and reputable player in the card processing payment industry.

Finscend Names World Leader in Machine Learning for Financial Applications as Its Chief Data Scientist

Retrieved on: 
Tuesday, March 19, 2019
Chargeback, Machine learning, Education, Educational technology, Articles, Cognition

Safer is an accomplished machine-learning scientist with decades of experience," noted Aaron Lazor, Finscend's co-founder and CEO, who announced the appointment.

Key Points: 
  • Safer is an accomplished machine-learning scientist with decades of experience," noted Aaron Lazor, Finscend's co-founder and CEO, who announced the appointment.
  • Safer will concentrate on enhancing and expanding security and compliance mechanisms in Finscend's data model, which drives BDP's AI-based prediction engine.
  • The model includes a machine learning component that constantly improves the confidence of the prediction engine results based on real-time transaction data.
  • By deploying BDP,banks can reduce the costs of chargebacks by an estimated 25 percent and significantly increase cardholder satisfaction.

Midigator Now Makes It Radically Simple to Fight Your Own Chargebacks

Retrieved on: 
Tuesday, March 19, 2019
Small business, Professional services, Accounting, Finance, Other Professional Services, Retail, Other Retail, Merchant services, Chargeback, Economy, E-commerce, Money

Today, Midigator announces DisputeFlow, a new feature that makes it radically simple to respond to chargebacks and recover lost revenue.

Key Points: 
  • Today, Midigator announces DisputeFlow, a new feature that makes it radically simple to respond to chargebacks and recover lost revenue.
  • DisputeFlow allows merchants to fight chargebacks with just a few clicks, reducing the amount of time spent on responses by at least 62.5%.
  • To use DisputeFlows patent-pending technology, merchants login to Midigator, where all chargeback information is consolidated into a single dashboard.
  • About Midigator: Midigator believes the challenges of running a business should be delivering great products or services, not managing payment risk.

Mastercard Acquires Ethoca to Reduce Digital Commerce Fraud

Retrieved on: 
Tuesday, March 12, 2019
Women, Technology, Data management, Internet, Software, Other Technology, Professional services, Banking, Finance, Communications, Public relations, Investor relations, Consumer, MEN, Economy, Money, Finance, Credit cards, Online payments, Merchant services, MasterCard, Chargeback, Payment systems, E-commerce

Mastercard (NYSE: MA) today announced it has entered into an agreement to acquire Ethoca, a global provider of technology solutions that help merchants and card issuers collaborate in real-time to quickly identify and resolve fraud in digital commerce.

Key Points: 
  • Mastercard (NYSE: MA) today announced it has entered into an agreement to acquire Ethoca, a global provider of technology solutions that help merchants and card issuers collaborate in real-time to quickly identify and resolve fraud in digital commerce.
  • The Ethoca suite of products adds to Mastercards commitment to drive greater protection in the digital space, integrating with its robust suite of fraud management and security products.
  • Ethoca is a strong addition to our multilayered cyber strategy, helping customers take immediate action against fraud and eliminate chargebacks before they can occur.
  • Mastercard is a natural home for Ethoca, said Andre Edelbrock, CEO of Ethoca.

Signifyd Extends Its Commerce Protection Platform Beyond Payment Fraud

Retrieved on: 
Thursday, February 28, 2019
Technology, Online Retail, Software, Professional services, Accounting, Retail, Other Retail, Merchant services, Money, Economy, Finance, Chargeback, Internet fraud prevention, Chargeback fraud

Signifyd today announced the general availability of its newest product Signifyd Chargeback Recovery to allow merchants to address every type of chargeback.

Key Points: 
  • Signifyd today announced the general availability of its newest product Signifyd Chargeback Recovery to allow merchants to address every type of chargeback.
  • Based on this intelligent targeting, Signifyd delivers the highest win rate on consumer abuse chargebacks the industry has ever seen.
  • This extension of Signifyds Commerce Protection Platform allows customers to address every type of chargeback.
  • Signifyd enables merchants to grow with confidence by providing an end-to-end commerce protection platform.

Evaluates the Current & Future State of E-Commerce Security and Finds Promise & Peril in New Technology, 2019 Report

Retrieved on: 
Thursday, February 21, 2019
E-commerce, Economy, Chargeback, Mobile commerce, Articles, Business

DUBLIN, Feb. 21, 2019 /PRNewswire/ -- The "Securing E-Commerce in 2019: Competing Technology Crowds the Market" report has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • DUBLIN, Feb. 21, 2019 /PRNewswire/ -- The "Securing E-Commerce in 2019: Competing Technology Crowds the Market" report has been added to ResearchAndMarkets.com's offering.
  • Despite usage spikes for e-commerce and especially mobile commerce, no amount of investment has yet corralled e-commerce fraud.
  • The rise of card-not-present transactions has been paralleled by spikes in declined transactions, chargebacks, bot attacks, and fraudulent transactions.
  • Securing E-Commerce: Competing Technology Crowds the Market details the nature of the current state of e-commerce fraud, the options for securing it in the short and long term, and some scenarios for e-commerce security.

Liquid and Simplex partner to offer credit and debit card deposits for cryptocurrency traders

Retrieved on: 
Thursday, February 21, 2019
Payment systems, Economy, Money, Finance, Chargeback, Payment card, Debit card, Cryptocurrency, Credit card, Crypto

"We are extremely excited to be working with Simplex on this fantastic innovation to bring even more flexibility to crypto traders and holders on our Liquid platform.

Key Points: 
  • "We are extremely excited to be working with Simplex on this fantastic innovation to bring even more flexibility to crypto traders and holders on our Liquid platform.
  • This represents a significant milestone for Liquid as we continue to roll out useful services for our users," said Seth Melamed, Liquid Global Head of Business Development & Sales.
  • "By offering securecredit and debit card processing for crypto purchases, adoption will continue to rise, expanding the cryptocurrency space as we know it.
  • Simplex processes credit card payments with a 100% zero fraud guarantee in case of a chargeback, the merchant gets paid by Simplex.

Liquid and Simplex partner to offer credit and debit card deposits for cryptocurrency traders

Retrieved on: 
Thursday, February 21, 2019
Payment systems, Economy, Money, Finance, Chargeback, Payment card, Credit card, Debit card, Cryptocurrency, Crypto

"We are extremely excited to be working with Simplex on this fantastic innovation to bring even more flexibility to crypto traders and holders on our Liquid platform.

Key Points: 
  • "We are extremely excited to be working with Simplex on this fantastic innovation to bring even more flexibility to crypto traders and holders on our Liquid platform.
  • This represents a significant milestone for Liquid as we continue to roll out useful services for our users," said Seth Melamed, Liquid Global Head of Business Development & Sales.
  • "By offering securecredit and debit card processing for crypto purchases, adoption will continue to rise, expanding the cryptocurrency space as we know it.
  • Simplex processes credit card payments with a 100% zero fraud guarantee in case of a chargeback, the merchant gets paid by Simplex.

Chargebacks911: Facebook Games Controversy Underscores Challenges of Friendly Fraud

Retrieved on: 
Monday, February 11, 2019
Crimes, Property crimes, Chargeback, Fraud, Human behavior, Law, Internet fraud prevention

Monica Eaton-Cardone, co-founder and Chief Operating Officer (COO) of Chargebacks911, differentiates between two types of chargeback fraud, also known as "friendly fraud".

Key Points: 
  • Monica Eaton-Cardone, co-founder and Chief Operating Officer (COO) of Chargebacks911, differentiates between two types of chargeback fraud, also known as "friendly fraud".
  • Intentional friendly fraud occurs when consumers falsely claim an order was never received or not as described in order to obtain an unwarranted refund.
  • Unintentional or "accidental" friendly fraud happens when cardholders attempt to reverse charges made by another family member or friend who had access to their account.
  • "While Facebook Games has been painted as the villain in this latest controversy , industry statistics show that friendly fraud is a symptom affecting all merchantsespecially those who sell digital goods.

2018-2019 Mastercard Mandates eGuide For Ecommerce & CNP Merchants Revealed by Chargeback Gurus

Retrieved on: 
Monday, January 14, 2019
Money, Economy, Finance, Merchant services, Credit cards, Fraud, Chargeback, MasterCard, Card not present transaction, Payment systems

DALLAS, Jan. 14, 2019 /PRNewswire-PRWeb/ --Chargeback Gurus, a global leader in ecommerce payment management and innovative developer of fraud and chargeback prevention solutions, has released a new e-book, Mastercard Mandates, with expert insights into Mastercard's new mandates regulating how e-commerce businesses and Card Not Present (CNP) merchants must process and store transactions in the CNP environment.

Key Points: 
  • DALLAS, Jan. 14, 2019 /PRNewswire-PRWeb/ --Chargeback Gurus, a global leader in ecommerce payment management and innovative developer of fraud and chargeback prevention solutions, has released a new e-book, Mastercard Mandates, with expert insights into Mastercard's new mandates regulating how e-commerce businesses and Card Not Present (CNP) merchants must process and store transactions in the CNP environment.
  • Free to download, the Mastercard Mandates e-book delivers exclusive, comprehensive guidance that gives merchants a game plan to deal with the litany of changes to the transaction and chargeback processes being implemented by Mastercard in 2018 and 2019.
  • "Understanding the new Mastercard regulations can be daunting for merchants, but the ultimate results should help improve their payment processes and make for happier customers," said Srii Srinivasan, CEO of Chargeback Gurus.
  • The new Mastercard Mandates e-book provides a better understanding of Mastercard's comprehensive set of new rules and regulations and covers:
    Get the Mastercard Mandates eGuide now.