Credit Card & Online Fraud

credit union profitability drops

Facing Challenges: Credit Unions Struggle with Earnings

By Douglas Hall, Founder & CEO, EQUE 2023 proved challenging for US credit unions. As the economic landscape shifted, these financial institutions faced unprecedented obstacles, resulting in record-low ...
Read more
how to prevent false declines

Preventing false declines and failed payments in subscription models

By Rafael Lourenco, EVP & Partner, ClearSale The subscription model is convenient for customers and ideal for businesses that want to build their recurring revenue base. However, subscriptions ...
Read more
chargebacks challenge

Top tips for managing the January chargebacks spike

 By Rodrigo Figueroa, COO, Chargeback Gurus The spike in holiday spending in November and December is always followed by increased chargebacks in January. While businesses have every reason ...
Read more
fighting friendly fraud

Fighting friendly fraud without sacrificing customer experience 

By André Leite Futuro, Head of Global Partnerships at ClearSale Friendly fraud can be an online retailer’s worst enemy. While fraud detection tools are increasingly adept at spotting fraud attempts ...
Read more
fighting friendly fraud - tips

Preparing for friendly fraud in an era of record debt

By Suresh Dakshina, Co-founder, Chargeback Gurus This February, US credit card debt hit an astonishing all-time high – $986 billion. This is just three years after stimulus checks ...
Read more
reduce chargebacks impact

Speeding up chargeback resolutions reaps dividends for business, FIs

By Gaurav Mittal, Executive Vice President, Ethoca The speed of commerce is exhilarating. Recent data shows overall US retail sales are up 8.8% yearly, with e-commerce specifically up ...
Read more
P2P fraud prevention

P2P Payment scams – New developments promise change

By Seth Ruden, Director, Global Advisory Americas at BioCatch Last November, several media outlets suggested that a new set of rules was under consideration for member banks participating ...
Read more
2021 global fraud +9.4%

TransUnion: Shipping fraud (+780%) led digital fraud growth in 2021

by Jeff Domansky According to TransUnion’s latest annual fraud survey, fraudsters are finding new ways to scam merchants and consumers, leading to a new growth industry. Overall fraud ...
Read more
identity fraud cost $52 billion

US identity fraud losses spiral to $52 billion

By Jeff Domansky The fraud landscape shifted dramatically as criminals boldly increased the hijacking of victims’ online lives with the cost of fraud jumping to $52 billion according ...
Read more
global payment news roundup

Dec 22: Global payments news roundup

Welcome to our final payments news roundup and post for this year. A new Nilson report says we can look forward to $408.5 billion in losses globally due ...
Read more