Tagged: verifi

Transaction Disputes Surge as Supply Chain Disruptions Continue, Verifi Reports

As the COVID-19 pandemic winds on into its third year, waves of new virus variants continue to “wreak havoc with supply chains,” according to an update from Verifi. Firms responsible for taking goods through each step on the journey “from manufacturing to customers’ doorsteps find… Read More

Quick Dispute Resolution Leads to a More Efficient Digital Commerce Ecosystem, Verifi CEO Explains

Within any commerce ecosystem — particularly in digital commerce — chargebacks appear to have become a way of everyday life, according to an update from Verifi. For merchants, chargebacks can be a drain on both time and financial resources. Improved communication between merchants and issuers… Read More

Virtual Payments Surge Leads to Sharp Increase in Dispute Volumes Across the Sector, Verifi Reveals

Verifi, a Visa solution, is reportedly making strides to ease merchant pain points while driving operational efficiency with the international expansion of their “first to market” Rapid Dispute Resolution (RDR) solution. As an innovative market participant specializing in merchant dispute prevention and resolution, Verifi first… Read More

Verifi, a Visa Solution, Explains Differences between First-Party and Friendly Fraud when Disputing Valid Transactions

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 by now, sellers may have realized that the consumer trend “away from in-store shopping and toward e-commerce is… Read More

Verifi Reveals that Nearly $31 Billion Is Lost Yearly to Transaction Disputes, which May Be Reduced via “Proactive Management”

Lost in Space Robot

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 in October 2019, Visa had acquired Verifi. The Verifi team points out that since the very first day,… Read More

Visa Research Shows Card Not Present or CNP Transactions and Consumer Spending Increased 30% from 2017 to 2020

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

Remote Payments are Expected to Increase Over 66% by 2025, which Means Chargebacks will Surge As Well, Verifi Reveals

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, reveals that remote purchasing has seen “great advances” in automated fraud protection and authentication. Verifi is bringing automated dispute protection… Read More

Visa Set to acquire Technology Solutions Company Verifi

Visa (NYSE: V) announced on Friday it has signed a definitive agreement to acquire Verifi, a technology solutions company that reduce chargebacks. Visa reported it will integrate Verifi’s enhanced chargeback tools with Visa’s risk management services, including those delivered by CardinalCommerce and CyberSource. “Buyers, sellers,… Read More

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