Category: Fraud, Page 2

Read and learn about fraud and how to prevent it with the following articles and posts by Ekata, a Mastercard company.

friendly fraud and chargeback fraud differences ecommerce and small businesses

Guest Post | Vesta

Friendly fraud vs. chargeback fraud: What’s the difference?

Our partner Vesta discusses the key distinctions between chargeback and friendly fraud and how to protect your business from both.

11.14.2023

Collusion Fraud

What is collusion fraud and why is it so prevalent in marketplace businesses?

As the use of online marketplaces continues to rise, so does the risk of collusion fraud, a significant challenge that demands attention from businesses in this space.

11.13.2023

Identity Verification

The 4 types of digital identity verification — and how to know which is right for your business

Like every organization, you need to keep your online users’ identities safe. But you need the right digital identity verification solutions to do it.

11.8.2023

chargeback prevention, strategies for merchants

Chargeback Fraud

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.

10.30.2023

Manual Review fraud prevention small business

Small Businesses

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?

10.25.2023

Chargeback Fraud

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 […]

10.16.2023

identity verification authentication new user

Identity proofing

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 […]

10.11.2023

Account Takeover

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.

10.9.2023

Ecommerce Fraud Prevention

Ecommerce fraud trends and statistics merchants need to know in 2024

With dramatic global growth and expansion across ecommerce, fraud continues to surge. Let’s take a look at the trends and statistics you’ll need to know. Article at a glance Global ecommerce fraud is increasing, with losses reaching $41 billion in 2022 and predicted to exceed $48 billion in 2023. Europe faces significant ecommerce fraud […]

9.13.2023