AI-Powered Jumio Platform Wins Gold for Identity Proofing and Corroboration in the 2024 Globee Awards for Cybersecurity
SUNNYVALE, Calif.--(BUSINESS WIRE)--Jumio, the leading provider of automated, AI-driven identity verification, risk assessment and compliance solutions, today announced that it was...
Read moreSmartMetric the Maker of Biometric Fingerprint Activated Credit Cards Reports up to 80% of Credit Cards Have Been Compromised
NEW YORK--(BUSINESS WIRE)--SmartMetric, Inc. (OTC: SMME) Up to 80% of all credit cards in circulation have been compromised. Studies suggest that as...
Read moreArkose Labs Earns WCAG 2.2 Compliance for Digital Accessibility
SAN MATEO, Calif.--(BUSINESS WIRE)--Arkose Labs, the global leader in bot management and account security, announced today that it has earned...
Read moreTypes of Return Fraud and Prevention Strategies
Return fraud is a significant challenge for retailers, costing the industry billions of dollars annually. It occurs when individuals exploit...
Read moreMastering Chargeback Reversals: A Comprehensive Guide
Chargeback reversals are a significant concern for businesses of all sizes. Originally designed as a consumer protection mechanism against fraudulent...
Read moreBackbase and Alacriti Partner to Provide Instant Payment Solutions for Financial Institutions
ATLANTA--(BUSINESS WIRE)--Backbase, the global leader in Engagement Banking, today announced that Alacriti, an innovator in cloud-based payments and money movement services,...
Read moreDataVisor Offers Comprehensive Fraud and Risk Solution for Sponsor Banks to Ensure Compliance with New Banking-as-a-Service Regulations
MOUNTAIN VIEW, Calif.--(BUSINESS WIRE)--DataVisor, the world’s leading AI-powered fraud and risk platform, announced today the launch of a comprehensive solution...
Read moreExasol Unveils New Suite of AI Tools to Turbocharge Enterprise Data Analytics
LAS VEGAS--(BUSINESS WIRE)--Exasol, the high-performance analytics database provider, today announced Espresso AI at TDWI Transform 2024 with the launch of...
Read moreStudy Reveals Annual Cost of Financial Crime Compliance Totals $61 Billion in the United States and Canada
Financial crime compliance costs have risen for 99% of financial institutions 70% of financial institutions prioritize cutting compliance costs in...
Read moreUnderstanding “Close Case – No Issuer Response” and Its Importance
The term "Close Case - No Issuer Response" is a term used in the chargeback process, during which a cardholder...
Read moreNICE Actimize Launches the Next Generation of Financial Crime and Compliance Investigations with New Generative AI Solutions
HOBOKEN, N.J.--(BUSINESS WIRE)--NICE Actimize, a NICE (Nasdaq: NICE) business, announces three advanced generative AI-based solutions designed to fight financial crime and allow organizations...
Read moreGatekeeper Systems Joins Loss Prevention Research Council’s INNOVATE Program to Advance Retail Loss Prevention
FOOTHILL RANCH, Calif.--(BUSINESS WIRE)--Gatekeeper Systems, a leading provider of tech-enabled loss prevention, has furthered its long-standing commitment to the Loss...
Read moreWith Digital Identity and Fraud Set to Take Center Stage at Mobile World Congress 2024, The Mobile Phone Number is Having its Moment
BARCELONA, Spain & BRIDGEWATER, N.J.--(BUSINESS WIRE)--The pervasiveness of digitization across consumers’ personal and professional lives—from mobile banking to healthcare to...
Read moreRisky Payments Processing Enables Online Drug Boom
In 2023, the online demand for “trendy” drugs reached a fever pitch. While unlawful drug use is certainly nothing new,...
Read moreWhat is a Chargeback Fee?
Chargeback fees are assessed when a customer disputes a transaction, and the charge is reversed, sending the funds back from...
Read moreHow to win a fraud dispute: Get educated on the process and requirements for victory
To win a fraud dispute is a daunting challenge for merchants. Fraud disputes occur when a customer claims a transaction...
Read moreAre Merchants Empowering Consumers to Commit Friendly Fraud?
In the fast-paced world of online commerce, trust is the currency that fuels transactions. Merchants and consumers enter into an...
Read moreVisa Compelling Evidence 3.0: Strengthening Transaction Dispute Resolution
Visa compelling evidence 3.0 is a response to the evolving landscape of digital payments, and dispute resolution. The enhanced set...
Read moreTwitch Chargebacks for Streamers: Prevention and Recovery Opportunities
Understanding Twitch chargebacks is crucial for streamers looking to protect their revenue streams and maintain a healthy channel environment. Unfortunately,...
Read more