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Latest Chargeback Stories

2014-04-15 08:38:07

Chargebacks were created as a means of protection for consumers, but are now being abused by the very people they were meant to protect. As the industry catches on to the activities of dishonest consumers, eConsumerServices warns that those who engage in friendly fraud could be labeled "online shoplifters" and eventually face fines and penalties currently being incurred by merchants. CLEARWATER, Fla., April 15, 2014 /PRNewswire-iReach/ -- "Friendly fraud," a seemingly conflicting...

2014-03-25 08:37:56

First Real-Time Anti Fraud Solution with Chargeback Protection Fills Void in Growing Ecommerce Industry TEL AVIV, Israel, March 25, 2014 /PRNewswire/ -- Forter, an Israeli-based startup that offers online retailers the first and only real-time anti ecommerce fraud solution that is backed with a full chargeback protection program, announced today that the company has closed a $3 million Series A funding round from Sequoia Capital, the Menlo Park, Calif.-based venture capital firm that...

2014-03-12 23:04:46

ThreatMetrix Accelerates Transaction Approvals and Significantly Reduces Chargebacks for Giftcard Marketplace San Jose, CA (PRWEB) March 12, 2014 ThreatMetrix™, the fastest-growing provider of context-based security and advanced fraud prevention solutions, today announces its partnership with Raise, an online marketplace where consumers buy and sell discounted gift cards. ThreatMetrix provides Raise with an integrated account takeover and cybercrime prevention solution to protect its...

2014-03-11 23:23:21

E-commerce fraud and payments experts to share insights on chargebacks and best practices in direct debit fraud with introduction to SEPA. Chicago, IL (PRWEB) March 11, 2014 cleverbridge, a global full-service e-commerce provider for software and SaaS companies, announces it will be participating in three speaking sessions at the 2014 E-Commerce Payments and Risk Conference to be held March 17-20 at the Aria Resort and Casino in Las Vegas, Nev. cleverbridge fraud prevention team leader...

2014-03-10 23:29:02

topcreditcardprocessors.com has promoted Flagship Merchant Services as the top mobile processing service for March 2014. (PRWEB) March 10, 2014 topcreditcardprocessors.com has named Flagship Merchant Services the top mobile processing firm in the March 2014 edition of the ratings. The ratings are formulated through a rigorous analysis of the core services provided by each firm. Buyers looking for experienced mobile processing agencies turn to topcreditcardprocessors.com to find agencies...

2014-03-10 12:28:08

SAN FRANCISCO, March 10, 2014 /PRNewswire/ -- The recent data breaches have been making headlines, causing brand damage and financial losses. http://photos.prnewswire.com/prnvar/20090326/SF89428LOGO Brighterion is proud to announce the release of a near real-time data breach detection solution. Brighterion's solutions represent a quantum leap forward in risk management: Near real-time data breach detection, real-time cross-channel fraud prevention (identify previously unknown fraud...

2014-03-10 08:36:39

eConsumerServices educates consumers about the effects of friendly fraud and the correct approach to filing chargebacks. TAMPA BAY, Fla., March 10, 2014 /PRNewswire-iReach/ -- Consumers are unknowingly contributing to an imbalance in the ecommerce industry, and inadvertently costing themselves in the process. The online shopping community has grown and as a result, sometimes consumers find errors with a transaction, such as not receiving goods, or being charged for goods they didn't order -...

2014-03-06 16:31:25

EonPay Platform's Unique Functionality Enables Customers to Automate the Response Process and Increase Percentage of Wins During Chargeback Representments SHERWOOD, Ark., March 6, 2014 /PRNewswire/ -- EON Payment Solutions - a division of industry pioneer ABC Financial Services - announced their Platform's fully integrated capabilities for automating the Chargeback Management, Response and Reporting Process. EON's technology, the EonPay Platform, provides innovators, entrepreneurs,...

2014-02-18 12:34:22

Credit card processors are pressuring online merchants to accept chargebacks as a necessary evil and stop fighting them entirely--Chargebacks911 says that the prohibited activity not only infringes upon a merchant's right to dispute, but also further influences imbalance in the e-commerce industry. TAMPA BAY, Fla., Feb. 18, 2014 /PRNewswire-iReach/ -- E-commerce retailers, or "e-tailers," offer consumers the benefit of convenience--but many Internet merchants have found themselves fighting an...

2014-02-05 12:32:12

MUNICH, February 5, 2014 /PRNewswire/ -- PAY.ON, worldwide leading provider of omnichannel, web-based payment infrastructure systems, and Kount, a leading SaaS provider of innovative fraud and chargeback prevention solutions, have agreed on a strategic cooperation between the two companies. PAY.ON is also integrating the services of the Kount Complete platform and fraud control technology Kount SMB into its infrastructure platforms, thus making solutions from Kount available...


Word of the Day
jument
  • A beast of burden; also, a beast in general.
'Jument' ultimately comes from the Latin 'jugum,' yoke.
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