Verifi

Retailers Brace for Friendly Fraud’s New Seasonal Surges

Retailers Brace for Friendly Fraud’s New Seasonal Surges
Retailers Brace for Friendly Fraud’s New Seasonal Surges
June 16, 2022  |  Fraud Prevention

To quote that old song: “To everything there is a season.” Get the Full Story Complete the form to unlock this article and enjoy unlimited...

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Spike in Friendly Fraud Triggers Review of Chargeback Mechanisms
Spike in Friendly Fraud Triggers Review of Chargeback Mechanisms
June 15, 2022  |  Cybersecurity

First-party misuse — known as “friendly” fraud — can be difficult to detect, and reducing it is a delicate matter of telling true policy abusers...

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Outsourced Dispute Resolution Services Lowered Credit Card Dispute Losses by a Third
Outsourced Dispute Resolution Services Lowered Credit Card Dispute Losses by a Third
May 23, 2022  |  Fraud Prevention

The average business has lost nearly one-half of one percent (0.43%) of its credit card payment revenue to card transaction disputes in the past 12...

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The Data Point: 92% of Merchants Using Only Third-Party Tech Keep Chargebacks Under 0.5%
The Data Point: 92% of Merchants Using Only Third-Party Tech Keep Chargebacks Under 0.5%
May 17, 2022  |  Fraud Prevention

Fraud detection is constantly improving, but so are the capabilities of fraud rings and hackers, making choice of fraud detection and dispute resolution technology critically...

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Report: Merchants Overestimate Their Own Dispute-Resolution Skills
Report: Merchants Overestimate Their Own Dispute-Resolution Skills
May 16, 2022  |  Fraud Prevention

The online shopping surge of the past two years heightened the risk of credit card fraud and drove many merchants to invest more heavily in...

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Hitting Reset on Disputes
Hitting Reset on Disputes
April 18, 2022  |  Opinion

The shift from brick-and-mortar purchases to internet sales changed how consumers and merchants interact and left a growing gap in transaction clarity from when consumers...

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Transaction Disputes Rise as Supply Chain Disruptions Persist
Transaction Disputes Rise as Supply Chain Disruptions Persist
February 16, 2022  |  Supply Chain

As the pandemic winds on into its third year, waves of new virus variants continue to wreak havoc with supply chains. Get the Full Story...

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Verifi: 2021 Was the Year of Redefining
Verifi: 2021 Was the Year of Redefining
January 24, 2022  |  Opinion

Verifi CEO Matthew Katz says it’s time to redefine the dispute process to reflect the new digital reality — empowering merchants and consumers to resolve...

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