Fintech Finance

MARCH 4, 2025

While all industries face their fair share of obstacles when it comes to transactions, hotels, resorts, and other hospitality service providers often face unique challenges when managing bookings, cancellations, and payments, making fraud prevention and chargeback management essential to their operations.

Transactions 86

Transactions Disputes Fraud Prevention Payment Solutions 86

The Payments Association

JANUARY 3, 2025

Balancing fraud prevention with maintaining a good service to customers is a constant struggle. We are investing in new technologies to prevent fraud taking place on our network, he said. The challenge is not just detecting fraud but anticipating its evolution.

Fraud Detection 88

Fraud Detection Fraud Prevention Participant Financial Crimes 88

Fi911

DECEMBER 19, 2023

In finance, AI’s role is becoming increasingly pivotal, particularly in fraud prevention and management. As digital banking services grow in popularity, the unfortunate byproduct is a corresponding rise in fraud. As integral players in the payment ecosystem, banks must focus on chargeback prevention and mitigation.

Fraud Prevention 97

Fraud Prevention Fraud Detection Point-of-Sale (POS) Online and Mobile Banking 97

Payments Source

JUNE 3, 2019

Stripe has launched Chargeback Protection through its machine-learning fraud prevention system called Radar.

Disputes 109

Disputes Fraud Prevention Fraud Detection Payments 109

Finovate

NOVEMBER 18, 2024

This week’s Fintech Rundown begins with a handful of stories about partnerships in wealth management and lending, as well as moves by banks to bolster their fraud prevention capabilities. Fraud prevention CommBank introduces three new security features on its app to help users defend themselves against scams.

FinTech 59

FinTech Fraud Prevention Disputes Scams 59

Clearly Payments

FEBRUARY 10, 2025

Chargeback Fees If a customer disputes a transaction, you could pay between $20 and $100 per chargeback. Chargebacks: A Hidden Risk A chargeback occurs when a customer disputes a transaction, and the money is refunded to them, often at the merchants expense. for every $1 disputed due to fees, lost inventory, and operational costs.

Small Business 66

Small Business Process Address Verification System (AVS) Cross-Border 66

PYMNTS

OCTOBER 20, 2020

This credit card use can certainly make for smoother shopping experiences, but it can also leave consumers vulnerable to various fraud risks, which can ultimately result in declined transactions or disputed charges. However, consumers consider transaction disputes to be a radically different phenomenon.

Disputes 85

Disputes Transactions Consumer Credit Cards 85

Stax

DECEMBER 9, 2024

Debit or credit card chargebacks are when a disputed charge made to a merchant’s account is refunded to the customer’s bank account. According to the federal Fair Credit Billing Act , consumers can dispute a charge in the case of billing errors and the failure of a business to render goods or services as described.

Credit Cards 88

Credit Cards Process Disputes Card Issuer 88

The Payments Association

APRIL 8, 2025

Balancing fraud prevention with maintaining a good service to customers is a constant struggle. We are investing in new technologies to prevent fraud taking place on our network, he said. The challenge is not just detecting fraud but anticipating its evolution.

Fraud Detection 88

Fraud Detection Fraud Prevention Scams Participant 88

Fintech Finance

MARCH 10, 2025

Reece has implemented Adyen’s built-in risk management solution which helps the business block fraud, prevent disputes, and stay ahead of the latest vulnerability trends. Beyond improving the customer experience, Reece engaged Adyen to explore a solution that could keep up with the growing need to innovate yet stay secure.

Fraud Prevention 72

Fraud Prevention Disputes Blocks Risk Management 72

Fintech News

FEBRUARY 10, 2025

In fintech, Agentic AI could enhance fraud prevention, risk management, trading, and customer engagement by autonomously analysing financial data, detecting anomalies, and executing decisions in real time. From fraud prevention to financial inclusion, its applications are vast and impactful. What Lies Ahead?

AI 76

AI FinTech Fraud Detection Fraud Prevention 76

PYMNTS

OCTOBER 1, 2020

Kount , the Boise, Idaho-based Software as a Service (SaaS) platform designed to simplify fraud detection and improve profitability, announced it has partnered with Verifi , the payment protection and management company. Visa said the goal of the purchase is to enhance its chargeback and dispute resolution infrastructure. “As

Disputes 73

Disputes Fraud Detection Fraud Prevention Risk Management 73

Finovate

FEBRUARY 5, 2025

Worldpay plans to acquire AI-driven fraud detection company Ravelin. The acquisition will help Worldpay enhance its e-commerce offerings by adding fraud prevention technology and improve business clients’ authorization rates. The company also performs 3D Secure identification.

Acquirers 52

Acquirers Fraud Prevention Fraud Detection AI 52

Clearly Payments

SEPTEMBER 18, 2024

A chargeback is a reversal of a credit card transaction initiated by the cardholder’s bank, usually as a result of a dispute by the customer over the purchase. It acts as a consumer protection tool, allowing customers to reclaim funds for unauthorized transactions, fraud, or dissatisfaction with goods or services.

Disputes 105

Disputes Fraud Prevention Payments Credit Cards 105

Stax

APRIL 3, 2025

Key features to look for in an eCommerce payment solution include security and fraud protection, payment method variety, integration capabilities, chargeback protection and dispute resolution, and global payment support. Chargeback protection and dispute resolution Most business owners view chargebacks as a cost of doing business.

Payment Solutions 88

Payment Solutions Payment APIs and Integration Payment Gateways Gateways 88

PYMNTS

JULY 29, 2020

Chargebacks aren’t just criminal fraud, either. Friendly fraud, or when the real customer disputes a legitimate transaction, is a contributing factor. With cancellations and confusing return policies, these disputes are critical to address. “A

Fraud Prevention 86

Fraud Prevention Disputes AI Risk 86

EBizCharge

FEBRUARY 26, 2025

Additionally, it includes security features such as tokenization, encryption, and fraud prevention tools to ensure compliance with Payment Card Industry Data Security Standards (PCI DSS). Security and compliance: Look for PCI-compliant gateways with fraud prevention tools. NetSuite records the disputed transaction.

Credit Cards 52

Credit Cards Process Payment APIs and Integration Payment Gateways 52

Fintech News

JANUARY 25, 2024

AI-powered dispute investigations and resolution In a parallel development, ServiceNow’s extended partnership with Visa includes the launch of ServiceNow Disputes Management, Built with Visa. This solution aims to simplify dispute resolution processes, enabling better interactions between employees and cardholders.

AI 117

AI Disputes Risk Management Risk Assessment 117

The Payments Association

FEBRUARY 27, 2025

Traditional fraud prevention tools are slow, reactive, and often ineffective. We saw a need for a proactive, real-time solution that prevents disputes before they become chargebacks. continuously monitors transactions using data from Ethoca and Verifi to identify potential fraud. How it works Avoided.io

Fraud Detection 88

Fraud Detection Fraud Prevention Disputes Near Real-Time 88

The Payments Association

APRIL 2, 2025

Effective April 1, 2025, VAMP will integrate the Visa Fraud Monitoring Program (VFMP) and the Visa Dispute Monitoring Program (VDMP) into a unified framework with stricter thresholds. Non-fraud disputes : Include Visa reason codes 11, 12, 13, and TC 15 messages. dispute ratio (new tier for 2026). are excluded.

Disputes 88

Disputes Issuers Compliance Fraud Prevention 88

Fintech Finance

MARCH 3, 2025

Products like Antom Copilot, Antom EasySafePay, and Antom Shield, help businesses, including small and medium-sized enterprises (SMEs), integrate payment methods faster, optimize transaction success rates, and enhance fraud prevention more efficiently. Real-time transaction scanning with millisecond-level risk decision.

Fraud Prevention 52

Fraud Prevention Fraud Detection AI Risk Management 52

Fintech Finance

NOVEMBER 5, 2024

These recently released findings come as the payments industry grapples with the fact that illegitimate disputes by cardholders through card-not-present (CNP) transactions are outpacing the growth of eCommerce sales. Two-thirds of survey respondents reported either using or planning to implement AI-powered fraud prevention tools.

Disputes 96

Disputes Consumer Fraud Prevention Mitigation 96

FICO

SEPTEMBER 28, 2020

I’ll be participating in an excellent panel, “ Balancing Fraud Prevention & the Customer Experience ,” at the first virtual edition of CBA LIVE , the must-attend annual event for the retail banking industry. Andy Collins, Fraud Prevention Industry Insights/Industry Relations Executive, Wells Fargo and Company, Inc.

Fraud Prevention 59

Fraud Prevention Fraud Detection Mitigation Compliance 59

Clearly Payments

SEPTEMBER 26, 2024

in Costs per $1 of Fraud: For every dollar lost to friendly fraud, businesses incur an additional $3.75 14% of Consumers Admit to Committing Friendly Fraud: A significant minority of consumers acknowledge having disputed legitimate transactions, highlighting the deliberate aspect of some friendly fraud cases.

Disputes 105

Disputes Processors Fraud Prevention Payments 105

Clearly Payments

JUNE 12, 2024

Chargeback disputes represent a growing challenge for merchants and financial institutions. Originating as a consumer protection mechanism, chargebacks were designed to ensure customers could dispute fraudulent or erroneous transactions. We dig into the facts and statistics on chargebacks.

Disputes 52

Disputes Card Issuer Acquirers Transactions 52

Fintech Finance

SEPTEMBER 17, 2024

Leading disputes technology platform Chargebacks911 announced today the appointment of fintech heavyweight Mike Elliff as Chief Revenue Officer, CEO of Europe, Middle East and Africa (EMEA), and board member. Dispute activities are increasing across multiple sectors and geographies; affecting virtually all payment methods and channels.

Disputes 98

Disputes Multi-Currency Issuers Non-Bank 98

The Payments Association

APRIL 14, 2025

SEON, the leader in digital fraud prevention and compliance, has announced the availability of its new automated chargeback management solution. Merchants typically lose more than 70-80% of all disputed chargebacks, resulting in substantial revenue loss.

Automation 68

Automation Disputes Fraud Prevention Fraud Detection 68

The Fintech Times

DECEMBER 19, 2024

“With increasingly sophisticated fraud tactics on the uptick, organisations must prepare for stricter AI and compliance rules. Proactive fraud prevention today not only mitigates risk, but also future-proofs operations against costly penalties.”

Automation 59

Automation AI Fraud Prevention Deepfake 59

The Payments Association

JANUARY 13, 2025

It is advised that firms ensure their custody arrangements, contracts and terms of service are aligned with these legal definitions in the interest of avoiding disputes while strengthening consumer trust. This could lead to disputes over ownership, custody, and liability in cases where the legal framework is yet to be fully tested.

Legal 88

Legal Stablecoins Cross-Border Due Diligence 88

Fi911

JUNE 4, 2024

The main responsibility of a chargeback analyst includes interpreting chargeback data to assist with the resolution of client disputes and eliminating the factors that might trigger chargeback risks. The duties performed by a chargeback analyst include: Probing into the authenticity of claims or disputes that result in chargebacks.

Disputes 88

Disputes Fraud Prevention Compliance Processors 88

The Payments Association

MARCH 10, 2025

Visa and Mastercard track MCCs for chargeback monitoring and fraud prevention. Example: A luxury watch retailer (MCC 5094Precious Stones & Jewelry) faces higher fraud risks than a grocery store (MCC 5411Supermarkets). Digital goods are easy to consume and dispute later. Clear refund policies to avoid disputes.

Fraud Prevention 88

Fraud Prevention Processors Disputes Compliance 88

Clearly Payments

MARCH 14, 2025

Stage 4: Chargebacks and Dispute Resolution If a cardholder disputes a transaction, a chargeback process may be initiated: The cardholder contacts their issuing bank to dispute the charge. The merchant is notified and can provide evidence to refute the dispute. Geolocation and behavioral analytics enhance fraud detection.

Credit Cards 52

Credit Cards Transactions PCI DSS Online and Mobile Banking 52

Finextra

FEBRUARY 13, 2025

pAIscreen is pleased to announce it is collaborating with ChargebackHelp, a leader in dispute management, to augment its AI-powered, real-time transaction screening solution with an innovative feature that identifies the likelihood that a merchant will refund a transaction that turns into a chargeback.

Fraud Prevention 52

Fraud Prevention Disputes AI Transactions 52

The Payments Association

FEBRUARY 18, 2025

This opportunity places Trudenty alongside over 450 global innovators, including current cohort participants such as Ozone API and Futurebank, reinforcing its mission to redefine fraud prevention through data sharing. Data sharing is now recognised as a crucial tool in fraud prevention.

Visa 88

Visa Fraud Prevention Privacy Crime 88

The Payments Association

FEBRUARY 18, 2025

This opportunity places Trudenty alongside over 450 global innovators, including current cohort participants such as Ozone API and Futurebank, reinforcing its mission to redefine fraud prevention through data sharing. Data sharing is now recognised as a crucial tool in fraud prevention.

Visa 88

Visa Fraud Prevention Privacy Crime 88

Stax

MARCH 4, 2025

Additional layers of protection include tokenization to reduce fraud risk and fraud prevention measures, such as CVV verification, 3D secure authentication, and address verification (AVS). Managing chargebacks and disputes Chargebacks occur when customers dispute a payment and request a refund from their bank.

Credit Cards 88

Credit Cards Payment APIs and Integration Payment Gateways Gateways 88

The Paypers

DECEMBER 8, 2021

Israel-based fraud prevention company Chargeflow has been integrated into Shopify to help ecommerce businesses fight illegitimate chargebacks.

Disputes 60

Disputes Fraud Prevention 60