2017 is barely days old but we are already up for our first awards of the year! We’re delighted to announce that Global Risk Technologies™ has been named as a double finalist for FStech Awards 2017.
Organised by Europe’s FStech magazine, the 17th annual FStech Awards celebrate excellence and innovation within the UK and EMEA financial services sector.
Global Risk Technologies™, owner of Chargebacks911, has been recognised for Online Technology Provider of the Year and Anti-fraud or Security Strategy of the Year.
As Europe’s first chargeback remediation specialist, we continue to lead the fight against chargeback fraud, relieving retailers of the burden and enabling them to operate more successful businesses.
Our position as an international leader in anti-fraud for chargeback mitigation and remediation is based on years of risk management experience, derived through hands-on involvement in the card-not-present environment.
The FStech Awards judges have recognised our work in securing the following outstanding results for an online business over a three-month window, making a demonstrably beneficial contribution to the client’s chargeback problem, and subsequently their bottom line:
- 12% reduction in chargeback origination
- Increased win rate from 48.8% to 78%
- 50% reduction in chargebacks from the same cardholder
Our technology enables online businesses to fight chargebacks through reporting fraud metrics, friendly fraud, transaction scoring, issuer scoring and revenue predictions. We guarantee to reduce chargeback fraud, decrease financial losses, increase revenue and customer retention.