First-party fraud is, increasingly, warranting a first line of defense from the payments networks, using data and AI to uncover what’s really going on with transactions and whether consumers are initiating fraudulent disputes. Picture, then, the cardholder who challenges a legitimate charge on their account....
Chargebacks have long been a thorny issue for merchants. And as transactions become increasingly digitized, chargebacks have in turn become more prevalent. They not only represent a loss of revenue but can also incur additional fees and damage relationships with payment processors. The rise of...
Argyle has raised $30 million in a funding round to fuel the continued adoption and expansion of its automated income and employment verification platform. The company is embarking on its next phase of growth, in which it plans to implement support services to facilitate continued customer...
VerifiNow has launched a patient identity verification solution for telehealth providers. PatientVerifi is designed to meet the need for secure patient identity verification in virtual healthcare, the technology company focused on digital identity verification said in a Monday (Feb. 26) press release. “With advanced biometric...
April 17, 2024
It’s imperative for eCommerce merchants serving international markets to be able to complete frictionless cross-border transactions. However, since these merchants must also fend off fraudsters, they must find and employ fraud prevention tools that do not disrupt consumer transactions. When compiling “Fraud Management in Online Transactions,” a collaboration with Nuvei, PYMNTS Intelligence found that 82% of […]
March 14, 2024
Chargebacks have long been a thorny issue for merchants. And as transactions become increasingly digitized, chargebacks have in turn become more prevalent. They not only represent a loss of revenue...
September 26, 2023
As attractive as innovative new technologies appear, it’s important to remember they are just tools. And any tool, when in the wrong hands, can also be used for the wrong...
April 19, 2023
After years of advocacy, open banking is now live in Nigeria, the first country in sub-Saharan Africa to adopt the regulation. The launch marks an important milestone for the country’s...
March 05, 2024
Argyle has raised $30 million in a funding round to fuel the continued adoption and expansion of its automated income and employment verification platform. The company is embarking on its next phase of growth, in which it plans to implement support services to facilitate continued customer adoption of the platform, Argyle said in a Tuesday (March […]
February 26, 2024
VerifiNow has launched a patient identity verification solution for telehealth providers. PatientVerifi is designed to meet the need for secure patient identity verification in virtual healthcare, the technology company focused...
October 19, 2023
J.P. Morgan Payments has chosen Trulioo, a leading identity verification platform, to combat fraud and other financial crimes for its clients, according to an announcement Thursday (Oct. 19). The partnership...
July 19, 2023
Experian has expanded its real-time income and employment verification offering. The enhancement enables consumers to provide permissioned access to their payroll accounts and share information directly from their employers’ payroll...
