Dec 5

Global Risk Technologies™ named double finalist at the 2017 Cards and Payments Awards

Posted by Global Risk Technologies™

Leading cards and payments industry body recognises Global Risk Technologies™ for its innovation in chargeback mitigation and remediation Dublin, Ireland. 5th December 2016. Global Risk Technologies™, Europe’s first chargeback remediation specialist and parent company of Chargebacks911, has been shortlisted for Best Security or Anti-Fraud Development and Best Industry Innovation of the Year at…

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Dec 2

Cards International: Chargeback Fraud Drowning Black Friday And Seasonal Revenue

Posted by Global Risk Technologies™

Online shopping is reaching its peak for the year. Online retailers must maximise the biggest opportunities of the year and avoid the New Year chargeback hangover, but as our Co-Founder, Monica Eaton-Cardone recently wrote in Cards International, for many retailers that is easier said than done: “Poor chargeback management is coming under increasing…

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Nov 25

European Consumers Prefer Diverse Payment Methods

Posted by Global Risk Technologies™

Credit & Debit are Just Two of Many Payment Options Used by European Shoppers In the US and Canada, most online merchants and consumers rely on just a few commonly-used payment methods. The four major card brands—Visa, MasterCard, Discover and American Express—account for about 85% of all online transactions in this region, with…

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Oct 24

Global Risk Technologies™ Invests in Veridu

Posted by Global Risk Technologies™

Global Risk Technologies™ is pleased today to announce a significant new investment in London-based Veridu, the innovative identity verification service provider for online merchants. We officially announced the investment at Money 20/20, the world’s leading payments event currently in full swing in Las Vegas. Global Risk Technologies™ will be adding authentication intelligence to…

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Oct 14

Understanding MasterCard’s Dispute Administration Fee (DAF)

Posted by Global Risk Technologies™

Mastercard charges a Dispute Administration Fee (or DAF) for intra-European and inter-European transactions. It automatically assesses the DAF for each cycle of the dispute process, which is paid to the sender and charged to the receiver. This isn’t unusual: several fees are involved in processing payment card transactions, with funds variously going to…

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Oct 6

International Finance Magazine: Fraud By Customers On The Rise

Posted by Global Risk Technologies™

Online merchants are facing a new problem — fraud by customers. Firms are increasingly facing malicious activity in the form of chargeback or friendly friend, writes Suparna Goswami Bhattacharya in International Finance Magazine this week. Speaking Co-Founder of Global Risk Technologies™ and our US subsidiary Chargebacks911, Monica Eaton-Cardone, the article explains the reasons why…

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Oct 4

The Paypers: Black Friday To Bring Seasonal Chargebacks?

Posted by Global Risk Technologies™

Online retailers need to prepare for hidden risks on the biggest shopping days of the year,  writes our co-founder in The Paypers this week. Monica takes a look at the busiest shopping days in Europe, the US and China, pointing to the stats that show rising chargebacks among the booming sales. “The problem most closely…

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Sep 21

PaymentsSource: An Unwelcome Chargeback Surprise?

Posted by Global Risk Technologies™

Monica Eaton-Cardone examines the new PayPal partnerships announced by MasterCard and Visa, including their potential impact on chargebacks Merchants should approach new opportunities with an element of caution, writes our co-founder in PaymentsSource this week. In this article, Monica highlights the positives of boosting conversion, but warns that higher transactions volumes are also likely to…

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Sep 16

Fending Off Chargebacks In PayPal’s New Era Of Collaboration

Posted by Global Risk Technologies™

PayPal’s new strategic partnerships with Visa and MasterCard combine the power of the world’s largest payments and digital payments networks. Both deals have provisions that will impact heavily on how customers will purchase goods and services. Let’s start with the Visa agreement: in addition to signalling a new era of collaboration, the deal…

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Sep 1

Amazon Dash May Be Opening A Can Of Chargeback Woes

Posted by Global Risk Technologies™

Amazon, the biggest retailer in the West, has just released its latest innovation in the UK market: Amazon Dash. Dash allows customers to stay stocked up on life’s essentials without the need for shopping via a laptop or mobile device. Customers order a physical Dash button, which is linked up to their Amazon…

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