Friendly fraud. First-person fraud. Call it what you will — maybe “mistaken fraud.” For many merchants, purchase disputes and chargebacks are an unfortunate cost of business, one that’s been on the rise amid the great digital shift. Illegitimate chargebacks — aka friendly fraud — occur...
Physicist Niels Bohr — or maybe it was ballplayer Yogi Berra — once said predictions are hard, especially the ones about the future. Any sudden shock to the system like we have observed with the pandemic exposes both vulnerabilities and opportunities, especially for payments. But...
Payment technology companies Midigator and Stripe have joined forces to streamline the entire payment lifecycle, from transaction to chargeback response, the companies said in a release. Combining the technologies from both companies will assist merchants to safely process transactions online, and help in Stripe’s company...
December 28, 2022
Dynamic friction keeps the bad guys out, and trusted identity verification networks (ID networks) keep good customers transacting. Brad Wiskirchen, senior vice president and general manager at Kount, an Equifax Company, told Karen Webster that using technology and a slew of data points to establish a trusted identity is key to making commerce safer, unlocking […]
December 02, 2022
Friendly fraud. First-person fraud. Call it what you will — maybe “mistaken fraud.” For many merchants, purchase disputes and chargebacks are an unfortunate cost of business, one that’s been on...
June 01, 2020
Physicist Niels Bohr — or maybe it was ballplayer Yogi Berra — once said predictions are hard, especially the ones about the future. Any sudden shock to the system like...
May 07, 2019
Payment technology companies Midigator and Stripe have joined forces to streamline the entire payment lifecycle, from transaction to chargeback response, the companies said in a release. Combining the technologies from both companies will assist merchants to safely process transactions online, and help in Stripe’s company vision of increasing the GDP of the internet. Midigator will […]
