By Ariel Chen, CEO, Chargeflow Chargebacks are an issue. Mastercard recently announced that the estimated US chargeback volume will reach 146 million in 2026. That amounts to over $15.3 billion in value. Those billions lost in revenue are a direct threat to merchants. But how ...
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Cybersecurity
Cybersecurity
By Shai Gabay, Co-Founder & CEO, Trustmi When I speak with businesses about B2B payment fraud, most people I talk with are confident their organization is safe. A large part of their confidence stems from the strong bank account validation processes these companies have in ...
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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 earnings, growing fraud challenges and heightened concerns. There is one often-overlooked way to enhance profitability while vastly ...
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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 to be excited about one of the most lucrative times of the year, they also need to ...
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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 by organized criminals, fraud committed by otherwise good individual customers can be hard to detect–and it’s getting ...
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Phil Lewis, CEO, Titania Banking and finance organizations, with complex networks, large customer bases and highly desirable data, are prime targets for threat actors. But being a mark is one thing; being susceptible is another. The security of their network infrastructure depends on the ability to ...
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By Rick Sunzeri, Director of Enterprise Accounts at ClearSale Are alternative payments even “alternative” anymore? A lack of alternative payment options such as digital wallets and BNPL is now a potential deal breaker for the 55% of consumers who say they’d consider abandoning their cart ...
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Welcome to our new weekly PaymentsNEXT Newswire Roundup. Every Friday, our editorial team provides a quick capsule and links to the week’s most relevant payment industry news releases. News, Technology & Deals SEON’s latest report confirms that Europe leads the world in cyber threat protectionFinancial ...
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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 in the Zelle network, specifically, to begin reimbursing consumers who fell victim to certain types of scams. ...
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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 grew 9.4% globally from 2020 to 2021 and 52.2% from 2019 through 2021, according to the company’s ...
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