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With Chip Cards Now Being Accepted By Brick and Mortar Retailers, Fraud Focus Moves to Online Sellers

October 1, 2015 marked an important date for merchants: the EMV card liability shift went into effect. EMV chip cards are the new credit cards with an embedded chip that many consumers are receiving. The chip in these cards affords a greater protection for merchants and their customers shopping at retail locations. What, exactly, is the liability shift? The shift basically means that merchants – not banks – are [...]

By |2016-02-03T21:29:13+00:00February 3rd, 2016|blogs, Fraud Prevention, News Stories, Risk Prevention|

Avoid These MATCH-makers and Stay Off the MATCH List

What is the MATCH List? MATCH, the Member Alert to Control High-Risk Merchants system, a.k.a. the Terminated Merchant File (TMF), is a MasterCard proprietary tool that enables acquirers and third-party payment processors to "red flag" a merchant in cases of bankruptcy, excessive chargebacks, excessive fraud, violation of data security protocols, identity theft, and more. For merchants who abide by all of the standards, and operate in good faith, being [...]

By |2016-02-03T21:28:22+00:00February 3rd, 2016|blogs, Risk Prevention|

5 E-Commerce Fraud Trends to Watch

5 e-Commerce Fraud Trends to Watch The beginning of every year is a time for predictions, so here's one: fraud will continue in 2016. But not all fraud is the same. Knowing what to look for is a big part of identifying and preventing fraud. Here are five major fraud trends to look for in 2016: With Friends Like These... Chargeback fraud or "friendly fraud" occurs when a customer places a legitimate [...]

Optimize Your Manual Review Process in 2016

Optimize Your Manual Review Process in 2016 From single owner e-commerce store fronts to major online retailers, many businesses that rely on card-not-present (CNP) transactions for revenue are still saddled with a slow, ineffective method of fraud prevention known as manual review. Facing rising fraud rates in 2016, these businesses are recognizing that using manual review, while a critical part of preventing fraud, takes too much of their time and leads them to decline too [...]

By |2016-01-29T15:50:11+00:00January 29th, 2016|blogs, eCommerce, Risk Prevention|