Chargeback technology platform Chargebacks911 recently announced the appointment of payments industry entrepreneur Oliver Rajic to the board of directors. In his new role, Rajic will serve as a key advisor to Chargebacks911 and its CEO, Monica Eaton. This includes assisting the company with its expansion… Read More
The current interest in generative artificial intelligence (AI) has caused some to conclude that we may see a new wave of AI-enabled fraud. However, the payments industry shouldn’t overestimate the abilities of large language models or underestimate the power of existing anti-fraud systems, says chargeback… Read More
Sift, the AI-powered anti-fraud platform securing digital trust for leading global businesses, recently announced the availability of trend data for two new fraud metrics in the Fraud Industry Benchmarking Resource. The Fraud Industry Benchmarking Resource is powered by Sift’s Global Data Network, which analyzes more… Read More
A chargeback is the formal process initiated when a cardholder disputes a payment – “often leading to the cardholder being reimbursed directly by their issuing bank, which then obtains the funds from the merchant,” according to an update from Chargebacks 911. The update further noted… Read More
ChargebackZero is partnering with Ethoca, a Mastercard company, “to help merchants minimize chargebacks, lower consumer transaction confusion, and share details of confirmed fraud and dispute information.” As part of the integration, the firm would help “prevent chargebacks using an alert mechanism.” These Chargeback alerts are… Read More
Los Angeles based Verifi, a company that claims it has been leading the dispute management and payment protection sector for sellers and issuers since 2005, notes that when their platform was first launched, the term “Fintech” was “just gaining traction.” Matt Katz, CEO at Verifi,… Read More
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