Slow Take-Up Of EMV Is Costing US Retailers In Chargebacks
Posted by Global Risk Technologies™
Six months after the credit card fraud liability shift, over three quarters of merchants are still not able to process payments made by chip cards in the US. Despite the new protection being available, the recent report from consulting firm Boston Retail Partners states that only 22 percent of merchants are actually processing…
Read More
Domino’s Pizza zero-click ordering raises chargeback question
Posted by Global Risk Technologies™
Domino’s Pizza, one of the world’s largest takeaway chains, has just announced its latest technological development: zero-click ordering via its latest app. The premise is simple: the customer creates a user profile and chooses their favourite pizza. The next time the app is opened, it will begin a 10-second countdown, after which time…
Read More
Fighting back against fraud in the travel industry in Barcelona
Posted by Global Risk Technologies™
Following on from a successful Money20/20 Europe, Monica Eaton-Cardone Co-Founder and CIO of Chargebacks911 (part of Global Risk Technologies™) will be speaking at the Airline & Travel Payments & Fraud Conferences 10th ATPS Worldwide. The event will take place from 25th April – 27th April 2016 in Barcelona. There will be two opportunities…
Read More
Money20/20 Europe: the place to talk, be seen and heard for FinTech professionals
Posted by Global Risk Technologies™
The largest FinTech event to ever take place in Europe was held in the Bella Center in Copenhagen this week. Money20/20 Europe is focused on the opportunities and challenges facing the European payments and financial services industry. It is the place to be for all serious FinTech professionals and so our co-founder was…
Read More
Chargeback fraud a hot topic for MRC Vegas
Posted by Global Risk Technologies™
MRC Vegas, one of the world’s largest events for fraud and payments professionals, took place at the Aria Resort last week, attracting over 1500 attendees, from 450 companies and 30 countries, all keen to hear about the latest risk trends in mobile, retail, data and technology. Hosted by the Merchant Risk Council, the…
Read More
Steps you can take now to reduce your chargebacks risk
Posted by Global Risk Technologies™
Card-not-present fraud will cost businesses £6 billion within two years according to research by AITE Group. Chargebacks make up a large part of this worrying trend. However, many merchants and issuers tolerate, admittedly with reluctance, the losses. Monica Eaton-Cardone co-founder and CIO of Global Risk Technologies™ believes that there are ways to counter…
Read More
Chargeback fraud needs to be checked now
Posted by Global Risk Technologies™
Presenting at this year’s Merchant Payments Ecosystem, Global Risk Technologies™, parent company of Chargebacks911, drove home the point that the industry cannot be complacent in the fight against the growing trend in chargeback fraud. MPE 2016, hosted in Berlin, covered a wide spectrum of payment issues this year, as over a hundred high-level…
Read More
The retail sector must fight back even harder against fraud in light of new research revealed by crime survey
Posted by Global Risk Technologies™
The British Retail Consortium’s annual crime survey, which came out this week, always has the power to shock with its findings. This year was no exception. The research, based on a broad cross-section of UK retailers, both high street and online, has shown fraud growing at an alarming rate. Last year’s report revealed…
Read More
MasterCard and Visa challenged to remain competitive
Posted by Global Risk Technologies™
MasterCard and Visa now account for 86 per cent of all payment cards in Europe, with €9 out of €10 reportedly spent on one of their payment cards – the highest share of any global region, but as the likes of PayPal and Apple grow in popularity the payment market, MasterCard and Visa…
Read More
Retail returns season provides costly start to 2016 for merchants
Posted by Global Risk Technologies™
The holiday season is over, the decorations are down and a new year has begun. A year of new targets to meet, new products to sell and new trends to capitalize on. But before retailers can earn the big bucks in 2016 they need to deal with an old problem: returns season. Black…
Read More