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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The 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…
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Smartphone 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…
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Event 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…
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Chief 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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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…
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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…
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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…
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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…
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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…
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