So much of life is routine. On most days, many of us wake up at a set time to go to a job; we work a planned schedule; we commute a predetermined route both ways. On top of that, we program our morning coffee to brew at a certain time, set thermostats to turn on […]
Partnership models between merchant level salespeople (MLSs) and their customers are changing. At a time when most business owners can easily set up payment processing, merchants are seeking partners with tools and resources that can help them compete with large retail chains. Payments analysts have observed that processing is a small component of trending products […]
Debit card fraud is real and it’s going on all the time. While EMV technology and consumer preference of credit cards over their debit cards is contributing to lower fraud numbers, the reality is that debit card fraud is still a real threat. With a focus on digital security threats, hacking, and credit card security, […]
When most people think of fraud, they think of credit card fraud, security breaches, and online theft of digital data. While there are strong reasons for this increased attention to CNP-related fraud, merchants and customers should not forget the threat of debit card fraud. Many people have a story about a friend who swiped their […]
Omnichannel sales opportunities are a huge plus for merchants, allowing you to sell to anyone, anywhere, and anyway you want. Your customers may be enjoying the positive advantages of omnichannel sales without realizing it. However, omnichannel sales are not all sunshine and roses, because we can’t overlook the increased fraud numbers that have come with […]
Although online sales are an accepted—and often preferred—method of doing business, there is still lingering uncertainty with online payment security. Some of your customers simply might never come around to buying your products or services online and will insist on doing business over the phone, in person, or by mail. Even though there is inherent […]
When credit cards were introduced, consumers, banks, and merchants were concerned about data security and theft. When online banking was introduced, many people were slow to adopt due to concerns for the security of their banking information and the risk of fraud. PayPal introduced a new type of online payment that was used initially by […]
Top Banks Look to Verifi for Fraud and Chargeback Prevention Support LOS ANGELES, CA – May 17, 2016 – In a development that illustrated the company’s leadership position, Verifi, Inc., a provider of payment and risk management solutions and chargeback prevention and recovery services for card-not-present merchants, announced that their Cardholder Dispute Resolution Network (“CDRN”) experienced […]
Online fraud occurs for a variety of reasons, including true fraud, friendly fraud and ramifications from industry impacts like EMV and data breaches. All e-commerce merchants are at risk to experience online fraud and should have the proper fraud prevention and security measures in place. In recent years, card-not-present (CNP) fraud has been on the […]
Each month, we’ll help you navigate the emerging trends and forecasts for card-not-present (CNP) merchants with (what we think) are the best pieces of advice from Verifi, as well as from across the web. We promise to keep this newsletter short and sweet, so let’s get started! Question of the Month What’s the forecast for […]