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Address Verification Services
Top 8 features for address verification services
Address verification services (AVS) are a necessity in the ecommerce world. Address verification service providers allow ecommerce businesses to verify the legitimacy of the customer by confirming that their address is accurate.
Chargeback prevention 101: How merchants can protect their bottom line
Given that chargebacks have been designed to protect consumers, merchants can sometimes find themselves at a disadvantage when it comes to disputing chargebacks. Unless they can provide strong evidence to dispute a customer’s chargeback claim, online retailers are going to get hit.
Essential considerations for small businesses moving online
For any small business owner looking to expand their presence online, one pressing question looms – how can you protect your business from fraud without creating unnecessary friction for customers?
5 industry best practices to preventing ecommerce fraud in 2024
We have detailed the evolution of ecommerce since the pandemic was first declared, an event that accelerated the adoption of online shopping by five years. By the end of 2023, global ecommerce fraud loss is expected to reach $48B, with North American merchants bearing the brunt, expected to account for 42% of the total loss. Article […]
The guide to winning the battle against chargeback fraud
Chargebacks continue to be a concern for businesses worldwide. Out of the chargebacks businesses face, 80% are estimated to be fraud-related. First-party fraud, also known as friendly fraud, involves genuine transactions mistakenly or intentionally challenged by cardholders. Article at a glance: What chargebacks and chargeback fraud are and who is impacted The impact of chargeback […]
What is identity proofing?
Put simply, identity proofing is the process a business undertakes to confirm the identity of a user making an online transaction. But in practice, the process is much more complicated than it sounds. Article at a glance: Identity proofing is the process a business undertakes to confirm the identity of a user making an online […]
Understanding the complexities of account takeover fraud and the vexation of chargebacks
Account takeover fraud is a universal problem for online businesses across industries and severely impacts a company’s bottom line and reputation.
How to fast-track identity authentication without sacrificing security
Most businesses with an online presence are aware that their customers expect seamless account creation, login and purchasing experiences. Not only that, customers also expect that businesses will keep their personal information safe. This tension between ease of use and security is as old as software itself. However, with bad actors leveraging ever-more sophisticated tools, […]