Recognition Highlights Innovation in Payments Technology The Electronic Transactions Association (ETA) selected Matthew Katz, CEO of Verifi, Inc., for their 2019 Forty Under 40 prestigious list of leaders. ETA’s select group of executives represents all the evolving segments of the payments industry, highlighting the game-changers whose innovations and leadership are driving the industry forward. Over 100 nominations were submitted to the … [Read more...]
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Verifi Announces New Chargeback Representment Reseller Program
Solution Providers to Expand Adoption of New Self-Service Chargeback Representment SaaS Platform Los Angeles, April 29, 2019 – Following Verifi’s exciting launch of its Self-Service Chargeback Representment solution, it is now offering Chargeback Representment to solution providers to meet growing demand. Verifi has already signed an initial beta group of resellers and is receiving broad interest throughout the payments industry to implement … [Read more...]
Verifi Hires Hitesh Anand As Chief Product Officer
Key Hire for Verifi will Further Develop the Company’s Suite of Award-Winning Chargeback & Dispute Mitigation Services Verifi, Inc., leading provider of chargeback and dispute mitigation services for card-present and card-not-present merchants, today announced that Hitesh Anand has joined their executive team as Chief Product Officer. Hitesh brings more than 15 years of experience in product management and innovation to this role. … [Read more...]
Verifi Launches Self-Service Chargeback Representment; Enables Merchants to Fight Disputes Quickly & Efficiently
Los Angeles, March 18, 2019 – Verifi, Inc., the industry-leading provider of end-to-end payment protection and risk management solutions, has launched a new service for merchants to take control and fight chargebacks with in-house dispute management. Self-Service Chargeback Representment is built on 13 years of Verifi expertise to help merchants efficiently and effectively reclaim profits lost to disputes. Chargebacks cost merchants more than … [Read more...]
Verifi’s Cardholder Dispute Resolution Network Passes Two Million Resolved Chargeback Cases in 2018
Proven solution to Help Merchants Protect Profits and Help Issuers Lower Operational Expenses as E-Commerce Surges LOS ANGELES, CA – With 2018 holiday sales in e-commerce expected to grow 15%1 to a new record, Verifi, Inc. today announced that its Cardholder Dispute Resolution Network™ (CDRN®) successfully resolved two million disputes, year to date, in 2018, on top of 76% growth in 2017. CDRN enables strong partnerships and collaboration … [Read more...]
Solving the Chargeback Triangle
We are now past the half-way mark of 2018 – a time of year you might think merchants can be less concerned with handling disputes and chargebacks than during the holidays and the weeks that follow when their dispute rates tend to spike. The reality is that merchants are impacted by transaction disputes and the adverse effects of chargebacks all year ‘round. Verifi recently commissioned a report titled “The Chargeback Triangle,” which examined … [Read more...]
Partners: payments industry’s DNA – Part 2
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 and services. The Green Sheet asked leaders from various payments industry … [Read more...]
Partners: payments industry’s DNA – Part 1
Every handshake between a merchant level salesperson (MLS) and a customer reflects a heritage of payments industry partnerships. Card brands and issuers, acquirers and merchants, technology companies and third-party service providers collectively form a complex network of partners driving today's fast, secure electronic transactions. The Green Sheet asked leaders from various industry sectors how they choose partners and create profitable, … [Read more...]
Collaborations Reduce Chargebacks, Study Finds
A Javelin Strategy & Research study, underwritten by Verifi and published in May 2018, cites communication gaps as a leading cause of disputes and chargebacks. The 36-page report, titled The Chargeback Triangle, examines chargeback costs and impacts while demonstrating how to prevent chargebacks by resolving open issues. In 2017, chargeback volumes reached $31 billion, including $19 billion in merchant losses and $12 billion in issuer … [Read more...]
Verifi Named “Best Chargeback Management Program” at Card Not Present (CNP) Expo – Sixth Year in a Row
Verifi’s Ongoing Commitment to Innovation in Payments Protection Recognized with One of the Industry’s Highest Honors Los Angeles (May 31, 2018) – Today, Verifi announced that for the sixth consecutive year they have been awarded “Best Chargeback Management Program” at the 2018 Card Not Present Expo, held this year in Orlando, Florida. Verifi was one of many nominees from around the globe evaluated in this year’s competition. This award … [Read more...]
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