Blog | Industry Insights
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MRC: Visa and MasterCard agree to $7.25 billion settlement
On Friday, July 13th, 2012 it was announced that Visa, MasterCard, and a number of large credit card issuers had reached an out of court settlement with US merchants regarding a Class Action Lawsuit on Interchange and card rules. The settlement is complex and impacts an estimated 7 million or more merchants, not just those…
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Zuora Adds Four Leading Payment Gateways to Z-Payments, Delivering the World's Most Complete Subscription Payments Platform
Partnerships With Verifi, GlobalCollect, Merchant e-Solutions and Moneris Give Zuora Customers Pre-Built Integration for Fraud Protection, Chargeback Prevention, Chargeback Management, and Global Payment Processing REDWOOD SHORES, CA–(Marketwire – Jun 29, 2011) – Zuora, the subscription billing and commerce leader, today announced new partnerships with leading payment gateways and service providers to further position Zuora as the leader in subscription…
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Get Ready for Gateway 3.0 PG 34
By Peter Lucas Gateways have always had to reinvent themselves. Now, with e-commerce returning to double-diget growth and mobile payments poised for takeoff, they have to do it again – and this time with more competion than ever. Read More
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Who Needs 3D Secure? Verified By Visa and MasterCard SecureCode Examined
by Linda Bustos In the noble quest to fight online fraud, online retailers are feeling the pressure from credit card companies and banks to implement 3D secure technologies – namely Verified by Visa and MasterCard SecureCode. In some countries, merchant participation is mandatory to process certain cards. Read More
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Partnership Helps E-Commerce Merchants Combat Fraud
By Stephanie Bell Verifi Inc., which provides risk-management services for card-not-present merchants, has formed a partnership with Demandware Inc. to provide online merchants with fraud-prevention and risk-management services, Verifi announced Jan. 12. Read More
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Viewpoint: Credit Card Companies Get Serious About Fraud
By Tony Wootton Credit card companies are moving beyond network management to gain visibility across the payment networks and possibly offer merchants more bang for their buck with increased fraud prevention tools and more comprehensive intelligence on fraudsters. The recent acquisitions by American Express (of Accertify) and Visa (of CyberSource) demonstrate that credit card companies…
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Verifi Decouples Chargeback Service From Proprietary Gateway
By Kevin Woodward Merchants using Verifi Inc.’s chargeback representment service no longer have to use the Los Angeles-based company’s online payment gateway. Read More
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Verifi Service to Recover Chargebacks
By Andrew Johnson Electronic payments company Verifi Inc. has developed a service it says can help merchants that conduct card-not-present transactions recover up to 75% of chargebacks. Read More
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Alleviate Payment Management Fraud
Editor Erin Harris interviews Jeff Sawitke, chief product officer at Verifi, about alleviating fraud and risk related to payment management. Sawitke tackles some of the next-generation ways card-not-present retailers can reduce risk to their business. Read More
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Filtering False Customers Online
By David F. Carr Most of us have been trained to beware of being approached online by a Nigerian asking for help with a currency exchange. But for the Forex Financial Club, that could be a perfectly legitimate customer, since Forex actively seeks overseas clients. Like everyone else, though, Forex must guard against signing up false customers. The…