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…
Read MoreFending 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…
Read MoreAmazon 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…
Read MoreThe Perfect Storm for Card Not Present fraud is arriving
Posted by Global Risk Technologies™
Research from FICO, the software company that analyses business’ growth and profitability, has shown a rise of 18% in ecommerce fraud in 2015 according to its latest research. The dominant type of fraud is predictably card not present (CNP). Fraudsters search for the softest targets and with the introduction of EMV in the…
Read MoreRetail Systems Awards recognise Global Risk Technologies™
Posted by Global Risk Technologies™
Global Risk Technologies™ has been named as a finalist in the 2016 Retail Systems Awards. As Europe’s first chargeback remediation specialist, we are leading the fight against chargeback fraud to enable retailers to operate more successful businesses, unburdened by chargebacks. We are thrilled to be recognised by the industry for Security/Anti-fraud Initiative of…
Read MoreSmartphone Users Need To Be More Vigilant Against Data Theft
Posted by Global Risk Technologies™
The recent story of a woman from Middlesbrough who had her bank account emptied after fraudsters used a sophisticated “SIM swap” scam is a timely reminder of the need for extra vigilance from all smartphone users. However, many smartphone users might be surprised to hear that their handsets present rich pickings to cybercriminals…
Read MoreEvent Retailers Do Not Have To Tolerate Chargebacks
Posted by Global Risk Technologies™
Sports and music fans are spoilt for choice this summer. The European football championships and Wimbledon have just finished, but the Olympics is about to start and the US Tennis Open and golf’s Ryder Cup and the US PGA will keep the excitement going. Music fans have Beyonce, Rihanna and Bruce Springsteen to…
Read MoreThe Paypers: European Merchants Face Rising Chargeback Threat
Posted by Global Risk Technologies™
Monica Eaton-Cardone explores the growing threat of friendly fraud to European cardholders and merchants Merchants will continue to be victimised by friendly fraudsters unless they act decisively to protect their profits, writes our co-founder in The Paypers this week. In this article, Monica highlights the lessons that European merchants can learn from their US…
Read MoreRetail Fraud: online transactions can benefit from biometrics
Posted by Global Risk Technologies™
Monica Eaton-Cardone explains in ‘Retail Fraud’ the benefit of facial & voice recognition As multiple technology companies including Zwipe, Visa and SmartMetric prepare fingerprint-activated credit and debit cards, Monica Eaton-Cardone, co-founder and CIO of Global Risk Technologies™, explains how this biometric technology has the potential to transform the card payments industry by preventing fraudsters…
Read MoreChief Innovation Officer Summit: Hippies vs. Suits
Posted by Global Risk Technologies™
San Francisco recently hosted the Chief Innovation Officer Summit: a two-day event showcasing the latest, most promising opportunities and inspiring technology solutions for businesses. Our CIO and Co-Founder, Monica Eaton-Cardone, was in attendance on behalf of Global Risk Technologies™ and our subsidiary Chargebacks911 to network with a global community of over 30,000 technology…
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