Blog | Industry Insights
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Q2 Industry News & Updates
ThreatMetrix Strengthens its Cybercrime Defender Platform The new technology integrates behavioral analysis and payment behavior to detect suspicious activity that might be fraud. PCI Publishes Mobile Payments Security Guidelines The guidelines are set to help merchants implement a secure mobile payment-acceptance solution. Ten Debit Networks Adopt Common U.S. Debit Aid The Secure Remote Payment Council…
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Verifi – A Recap from the Recent MRC Conference
Verifi was pleased to exhibit at the 2013 MRC Annual e-Commerce Payments and Risk Conference hosted at the Aria Resort, Las Vegas. The MRC Conference is a great tradeshow where we are able to gain insights on the latest industry news, meet business partners and prospects and learn valuable information we can then pass onto…
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Consumers remain skeptical about mobile banking security
In a recent report by the Federal reserve, mobile banking increased by 7 percent from 2012 – 2011 ( 28% in 2012 and 21% in 2011). Most mobile banking customers use the service to review account balances, transactions, or transfers. The top mobile banking customers weighs in at only 10 percent of the US population,…
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3-D Secure Adoption Rates increase as Mandates and EMV Transitions increase Fraud Attempts to the Digital Channel
Recent market conditions pave way for merchants to reconsider implementing 3-D Secure. Three major market changes that may influence the adoption of 3-D Secure include, (1) arrival of EMV to the U.S., (2) alignment of MasterCard’s U.S. liability policy to Visa’s policy, (3) implementation of CardinalCommerce, allowing merchants to locate and control cardholder authentication. To…
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Verifi's Comprehensive Chargeback Management Webinar -Watch NOW!
Rick Lynch, Verifi’s Senior Vice President of Business Development, hosts a 30 min webinar on the topic of Verifi’s comprehensive chargeback management services (Intelligence Suite®, CDRN®, and Chargeback Representment), and briefly outlines how these services assist merchants with chargeback disputes and help recover lost revenue. The webinar addresses the following topics: How Verifi manages merchant…
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CDRN Updates
Since 2007, when our first Issuer joined the CDRN network, we have been committed to expanding the Issuer coverage of the network. Analysis completed in December 2012 shows clients participating in CDRN are experiencing as high as a 41% reduction of monthly Visa chargebacks and a 32% reduction of monthly MasterCard chargebacks. In 2013, we…
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Enhancements to My Verifi
Recently, Verifi has released an enhancement to our platform that has the ability to return data on API responses through the merchant defined fields. Additionally, filter rules can be configured based on pre-defined parameters. The platform also allows for single or multiple data points to be returned via a single merchant defined field. When multiple…
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New Product Update: Intelligence Suite ™
Verifi is very excited to announce the expansion of our Intelligence Suite to include Neustar, iovation, IDology and Loc-aid. Verifi continues to understand and exceed the needs of our growing and diversified client base by engaging with industry leading fraud identification and protection vendors. Neustar is an IP Intelligence vendor providing over 30 data points…
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Verifi to offer Jumio's Netverify and Netswipe card scanning solutions
Payment Solutions Expert Verifi Partners with Jumio To Fight Fraud Verifi to offer Jumio`s Netverify and Netswipe card scanning solutions through the Verifi platform Los Angeles and Palo Alto, CA, September 13, 2012 – Risk management and payment gateway company Verifi today announced that it is integrating Jumio’s Netswipe® and Netverify™ solutions into its industry-leading suite of risk management products. This partnership…
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Optimal Payments to integrate into Verifi's patented CDRN®
Optimal Payments Announces it will Provide Verifi’s Cardholder Dispute Resolution Network (CDRN®) Services to its NETBANX® Merchants Montreal, September 11, 2012 – Optimal Payments (LSE: OPAY), a leading online payments provider, announced today it will be integrating into Verifi’s patented Cardholder Dispute Resolution Network (CDRN) platform, allowing merchants using Optimal’s NETBANX online payment gateway to effectively…