Chargeback | Jotup

Nuvei Enhances Chargeback Offering, Preventing More Fraud Before it Happens

Retrieved on:

Thursday, February 4, 2021

Merchant services, Chargeback, Money, Finance, Economy, Internet fraud prevention

At a time when chargeback rates are at an all-time high, these additions provide comprehensive protection for businesses operating online.

Key Points:

At a time when chargeback rates are at an all-time high, these additions provide comprehensive protection for businesses operating online.
It is with these issues in mind that Nuvei enhanced its chargeback suite.
Integration with Nuvei now provides multiple layers of protection that can prevent chargebacks before they happen and mitigate the damage of those that do occur.
By sending transactions on the Strong Customer Authentication challenge route, chargeback liability is shifted from the merchant to the issuer.

Covid-19 Chargeback Guide for Merchants Aims to Aid Businesses During Pandemic - Chargeback Gurus

Retrieved on:

Thursday, February 4, 2021

Merchant services, Payment systems, Chargeback, Money, Finance, Financial services, Credit card fraud, Credit card

"Merchants have had to adapt very quickly to survive the challenges brought about by the pandemic," said Suresh Dakshina, President of Chargeback Gurus.

Key Points:

"Merchants have had to adapt very quickly to survive the challenges brought about by the pandemic," said Suresh Dakshina, President of Chargeback Gurus.
"At the same time, there is this huge influx of customers who are new to the ecommerce experience.
With this ebook , Chargeback Gurus hopes to provide merchants with a guide to navigating the uncharted waters of card payments and ecommerce in a time shaped by the pandemic and the prevention efforts intended to contain it.
Chargeback Gurus is a leader in chargeback recovery, having worked on researching, addressing, and preventing credit card fraud for 16+ years.

This New Year, SMB Generic Drug Manufacturers Take Back Control with MDH Insight’s Trailblazing EmpowerRM® Pharma Chargeback Software

Retrieved on:

Wednesday, February 3, 2021

Software, Biotechnology, Pharmaceutical, Finance, Health, Data management, Professional services, Technology, Pharmaceutical industry, Articles, Health sciences, Life sciences, Chargeback, Pharma, Generic drug, MDH, Analytics, Validation

MDH Insights (MDH) game-changing in-house software EmpowerRM can be the best 2021 resolution embraced by small to mid-size generic pharma manufacturers that outsource their chargeback processing or do not have a revenue management system in place.

Key Points:

MDH Insights (MDH) game-changing in-house software EmpowerRM can be the best 2021 resolution embraced by small to mid-size generic pharma manufacturers that outsource their chargeback processing or do not have a revenue management system in place.
According to MDH president and owner Matthew D. Hoenig, it is especially valuable for generic drug manufacturers financially squeezed by volumes of wholesaler chargebacks and experiencing related revenue leakage .
For emerging generic and brand drug manufacturers, EmpowerRMs software automates all contracts and chargeback processing to deliver a holistic revenue management solution that provides advanced validation, real-time visibility, detailed analytics and report generation.
It minimizes losses while increasing the profit margins of generic pharma manufacturers, all while giving them a competitive edge.

Eighth Annual IDology Fraud Report: Amid Remarkable Digital Adoption, Fraud Attempts Spike, Hitting Four-Year High

Retrieved on:

Thursday, January 28, 2021

Crime, Deception, Articles, Crimes, Property crimes, Identity theft, Human behavior, Fraud, Chargeback fraud, Phishing, IDology, Chargeback

The most targeted channel was mobile, with an astounding 89% increase in fraud attempts.

Key Points:

The most targeted channel was mobile, with an astounding 89% increase in fraud attempts.
This loosening, combined with COVID-19 factors such as dispersed fraud teams, remote work, stimulus checks, and sophisticated phishing and synthetic identity fraud (SIF) schemes, led to surging fraud attempts.
In addition, first-party fraud increased 28%, likely due to economic pressures leading to chargeback fraud, while card fraud increased only 3% in the last 12 months.
For additional insights into fraud trends across a variety of industries and firsthand perspectives shared by executives on the front lines of fraud prevention, download the full IDology Annual Fraud Report .

SolarWinds Hack 'Bad News for Retailers' According to Chargeback Gurus

Retrieved on:

Wednesday, January 20, 2021

Computing, Information technology management, Information technology, Merchant services, Cross-platform software, Network management, SolarWinds, System administration, United States federal government data breach, Chargeback, FireEye, Credit card fraud

We believe that this will be equally as true in the wake of the recent SolarWinds hack.

Key Points:

We believe that this will be equally as true in the wake of the recent SolarWinds hack.
With the breaking news of the SolarWinds security breach, these retailers are now facing a potential "second wave" of chargebacks.
Initially reported by security firm FireEye, who were themselves victims, the SolarWinds breach was a state-sponsored attack on the Orion network infrastructure management platform.
Chargeback Gurus is a leader in chargeback recovery, having worked on researching, addressing, and preventing credit card fraud for 16+ years.

ACI Worldwide and JCB Boosts Merchant Acquiring Capabilities with Successful Global Rollout of Web API Payment Solution

Retrieved on:

Tuesday, January 12, 2021

Credit cards, Merchant services, JCB Co., Ltd., Companies of the United Kingdom, Chargeback, JCB, Companies, Finance, API

JCB expands payments acceptance for acquirers, merchants and payment service providers with ACI Secure eCommerce

Key Points:

JCB expands payments acceptance for acquirers, merchants and payment service providers with ACI Secure eCommerce
SINGAPORE & TOKYO, Jan 12, 2021 - (ACN Newswire) - ACI Worldwide (NASDAQ: ACIW), a leading global provider of real-time digital payment software and solutions and JCB International Co., Ltd. (JCB), the international operations subsidiary of JCB Co., Ltd., Japan's only international payment brand, today announced that JCB has completed the successful global rollout of its JCB Web API Service, including its Web API-based dispute function.
JCB is accepted at about 35 million merchant locations globally, utilizes ACI Secure eCommerce as its JCB Web API Service - a processing interface to accelerate JCB Card acceptance in important and growing markets, especially in Asia.
The API-based dispute processing function on JCB Web API Service enables acquirers to receive chargeback notifications and request representment as a remedy for chargebacks via the Web API.
"ACI Secure eCommerce, which underpins JCB Web API Service, is globally proven with merchants and PSPs across geographies, industries and verticals.

ACI Worldwide and JCB Boost Merchant Acquiring Capabilities with Successful Global Rollout of Web API Payment Solution

Retrieved on:

Tuesday, January 12, 2021

ACI Worldwide (NASDAQ: ACIW), a leading global provider of real-time digital payment software and solutions , and JCB International Co., Ltd. (JCB), the international operations subsidiary of JCB Co., Ltd., Japans only international payment brand, today announced that JCB has completed the successful global rollout of its JCB Web API Service, including its Web API-based dispute function.

Key Points:

ACI Worldwide (NASDAQ: ACIW), a leading global provider of real-time digital payment software and solutions , and JCB International Co., Ltd. (JCB), the international operations subsidiary of JCB Co., Ltd., Japans only international payment brand, today announced that JCB has completed the successful global rollout of its JCB Web API Service, including its Web API-based dispute function.
The API-based dispute processing function on JCB Web API Service enables acquirers to receive chargeback notifications and request representment as a remedy for chargebacks via the Web API.
ACI Secure eCommerce, which underpins JCB Web API Service, is globally proven with merchants and PSPs across geographies, industries and verticals.
As a comprehensive payment solution provider, JCB commits to providing responsive and high-quality service and products to all customers worldwide.

Leading E-Commerce Security Software NoFraud Announces Significant Investment from PSG

Retrieved on:

Tuesday, December 8, 2020

NoFraud, a premier provider of full-service fraud prevention software to e-commerce merchants, today announced a significant investment from funds advised by PSG, a leading growth equity firm partnering with lower middle-market software and technology-enabled service companies, marking NoFrauds first outside investment.

Key Points:

NoFraud, a premier provider of full-service fraud prevention software to e-commerce merchants, today announced a significant investment from funds advised by PSG, a leading growth equity firm partnering with lower middle-market software and technology-enabled service companies, marking NoFrauds first outside investment.
Founded in 2014, NoFraud is an e-commerce fraud prevention solution that employs multiple fraud prevention technologies in a single centralized application.
Serving over 1,200 merchants today, NoFraud integrates with payment gateways across multiple platforms, including Shopify, BigCommerce, and Magento, to eliminate card-not-present fraud and chargebacks.
I am incredibly proud of the technology we have built and the team we have in place at NoFraud, said Shaya Posner, CPO and Co-Founder of NoFraud.

Givex Offers Promotion on Merchant of Record Service to Protect Businesses from Online Fraud

Retrieved on:

Monday, December 7, 2020

Merchant services, Money, Finance, Chargeback, Payment systems, Economy, Credit

Givex, the cloud-based, end-to-end customer engagement solution, is running a promotion on its Merchant of Record service in December to help businesses alleviate fraud risk during the holiday shopping season.

Key Points:

Givex, the cloud-based, end-to-end customer engagement solution, is running a promotion on its Merchant of Record service in December to help businesses alleviate fraud risk during the holiday shopping season.
With Merchant of Record, Givex takes on the fraud indemnification and chargeback risk, giving our clients peace of mind during the busy holiday shopping season."
Merchant of Record can be added on to protect businesses from fraud, increasing operational efficiency and reducing stress for business owners, and doesn't require a separate fraud monitoring company.
"Merchant of Record offers a nearly 98% approval rating, which is what most businesses are looking for," said Chaar.

Chargebacks911 and Fi911 Drives APAC Expansion With the Appointment of Regional Director of Business Development

Retrieved on:

Tuesday, December 1, 2020

Legal, Mobile, Wireless, Technology, Finance, Security, Consulting, Accounting, Professional services, Software, Data management, Apac District, Lango sub-region, Chargeback, Apac, Apac

A global leader in dispute management and mitigation, Chargebacks911 , today announced the appointment of Jia Min Tan to the role of Director of Business Development, APAC, as part of its ongoing expansion in the region.

Key Points:

A global leader in dispute management and mitigation, Chargebacks911 , today announced the appointment of Jia Min Tan to the role of Director of Business Development, APAC, as part of its ongoing expansion in the region.
Commenting on her new role, Jia Min said: APAC is a fast-growing market with great potential for growth.
Benjamin Bridwell, Chief of Staff at Chargebacks911 and Fi911, added: Were thrilled to welcome Jia Min to our APAC team, leading business development in such a crucial region for Chargebacks911 and Fi911.
To find out more about how Chargebacks911 and Fi911 help merchants and financial institutions both mitigate and manage chargebacks, visit chargebacks911.com and fi911.com .