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Rivero Advises Banks to Brace for Spike in Cardholder Disputes as Black Friday and Cyber Monday Near

Fintech Finance

In anticipation of Black Friday and Cyber Monday, European Visa Fintech Partner, Rivero is urging banks, neobanks, and financial institutions to prepare for a potential spike in cardholder disputes. An analysis of the company’s internal data has highlighted a 25% rise in reported disputes over the past year.

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Alaska Airlines selects Sift to mitigate fraud and manage chargeback disputes

The Paypers

Sift , an AI fraud protection platform that secures digital trust, has been selected by Alaska Airlines to mitigate payment fraud and manage chargeback disputes, while optimising the customer experience.

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What is a Chargeback Rate?

Fi911

A chargeback rate is a metric that measures the percentage of transactions disputed by customers and ultimately reversed by the merchant’s bank. Use Confirmations and Tracking : Provide order confirmation emails and shipment tracking information to keep customers informed and reduce disputes related to delivery.

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The Credit Card Chargeback Process Explained: What Merchants Need to Know

Stax

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.

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What You Need to Know About Singapore’s Most Common Payment Fraud

Fintech News

Friendly fraud, or first-party fraud, occurs when consumers dispute legitimate charges without valid reasons. Instead of reaching out to merchants for refunds, they opt to dispute transactions through their banks.

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PXP Financial Joins Forces With DisputeHelp to Launch Visa’s Fraud Prevention Framework

The Fintech Times

PXP Financial , a global acquiring, payment, fraud and data analysis service provider, has joined forces with financial dispute management solution provider DisputeHelp, to launch two new Visa solutions to combat first-party fraud and reduce chargeback for merchants. “We are proud to have already successfully embedded OI & CE3.0

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Mitigating Chargeback Disputes with the Power of AI, ML & Data Analytics

The Payments Association

Due to a dwindling economy, higher inflation and a cash-starved population, retailers are facing a tough battle from the standpoint of acquiring new customers or retaining the existing ones. Adding […] Read more