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Latest Chargeback Stories

2011-08-06 00:00:03

Borrowing from Manufacturing World, ITFM Newcomer Improves On Existing Top-Down, Allocation-Based Costing Alternatives; Result is More Accurate and Defensible Fremont, CA (PRWEB) August 05, 2011 IT Financial Management (ITFM) is one of the fastest-growing areas of IT management for good reason: with millions"”sometimes hundreds of millions"”of dollars at stake in many larger companies, ITFM allows organizations to identify, justify and, where warranted, chargeback the cost of...

2011-06-02 00:00:04

OfficeSuppliesLane.com, an online office products retailer, proactively pursues online criminals who try to steal your money and identity. Dallas, TX (PRWEB) June 01, 2011 Fraudulent orders have plagued online retailers since the first e-commerce site was created decades ago, resulting in billions of dollars in losses for online merchants. The good news is that due to ever-evolving fraud risk tools available to merchants, online fraud has decreased over the past several years. The better...

2011-05-05 06:30:00

BOISE, Idaho, May 5, 2011 /PRNewswire/ -- Kount Inc., a leading fraud prevention solution provider, has announced the issuance of another patent for its device fingerprinting and proxy piercing geolocation technologies. U.S. patent number 7,937,467 "Online Machine Data Collection and Archiving Process" was issued to Kount, and describes the generation and analysis of a machine data profile of a customer computer accessing a merchant website. In addition to creating a device fingerprint,...

2011-03-23 08:55:00

COLOGNE, Germany, March 23, 2011 /PRNewswire/ -- The E-Retail Report 2010 by Deutsche Card Services shows that women were still predominant in online retailing. Six out of ten purchases at European e-retailers are initiated by women. Men spend more money on each transaction with EUR 93.12 - EUR 24.47 more than those of "Jane Doe". Men and women differ in their payment behaviour, too. The credit card extended its lead as the most popular payment method among men by three percentage...

2011-03-22 06:00:00

CHICAGO, March 22, 2011 /PRNewswire/ -- Accertify®, a leading provider of enterprise-wide transaction screening solutions, today announced Accertify Chargeback Service, a comprehensive chargeback management platform that helps merchants save time, cut operational costs and retain revenue. Accertify Chargeback Service is a single-source platform designed to manage dispute processes for all types of credit and debit cards and alternative payments, regardless of brand. It...

2011-03-08 08:00:00

SILVER SPRING, Md., March 8, 2011 /PRNewswire/ -- The Copper Cellar Corporation, which owns and operates 19 Copper Cellar, Calhoun's, Smoky Mountain Brewery, Cherokee Grill and Chesapeake's restaurants, will be serving more than quality dining and memorable experiences to its guests moving forward: it will also provide peace of mind with a robust payment protection solution. The Copper Cellar Corporation recently installed TransactionVault((TM)), Merchant Link's tokenization solution, and...

2011-02-23 03:00:00

SALT LAKE CITY, Feb. 23, 2011 /PRNewswire/ -- Fuze Network, Inc. ("Fuze") a payments technology company, today announced the completion of a $1.2M seed financing. Metamorphic Ventures of New York City and Kickstart Seed Fund of Salt Lake City led the investment, along with industry expert angel investors. The financing will fuel the growth of Fuze's Payments Gateway, which today enables customers to find and make payments today at over 17,000 banks and 100,000 retail locations...

2011-02-22 06:30:00

NEW YORK, Feb. 22, 2011 /PRNewswire/ -- US Digital Transactions Corporation (USDT) announced today SignatureLink® CNPS technology has successfully completed beta testing and is available to provide protection for online merchants. The technology is the first and only online signature pad designed and engineered exclusively for eCommerce merchants to capture a "wet" signature during the online checkout process. The merchant and the consumer are presented the entire...

2011-02-17 06:24:00

COLOGNE, Germany, February 17, 2011 /PRNewswire/ -- Payment security in European online retailing is higher than ever. That is one of the results of the new E-Retail Report 2010 by Deutsche Card Services. The non-payment risk for the predominant payment method (credit card) dropped to a record low of 0.1725%. Less than two out of 1,000 transactions fail. If online retailers use the 3-D Secure technology, the chargeback ratio even declines further. "Online retailing has suffered much less...

2011-01-31 07:20:00

NEW YORK, Jan. 31, 2011 /PRNewswire/ -- US Digital Transactions Corporation announced today the first chargeback recovery services designed specifically for merchants to collect revenue due from consumers that perpetrate friendly fraud. "Friendly fraud" occurs when a consumer, without a valid reason, refuses acceptance of the charge for a transaction they performed and reports the false claim to their bank/card issuer requesting a refund or chargeback. The payments industry is flooded...


Word of the Day
vermicular
  • Like a worm in form or movement; vermiform; tortuous or sinuous; also, writhing or wriggling.
  • Like the track or trace of a worm; appearing as if worm-eaten; vermiculate.
  • Marked with fine, close-set, wavy or tortuous lines of color; vermiculated.
  • A form of rusticated masonry which is so wrought as to appear thickly indented with worm-tracks.
This word ultimately comes from the Latin 'vermis,' worm.
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