Chargebacks serve as consumer protection, allowing cardholders to dispute fraudulent or incorrect transactions and receive refunds from their bank. While chargebacks safeguard consumers, they can pose challenges for merchants. At…
Credit card fraud detection: How advanced technology enables more secure transactions
Credit card fraud is a problem for both financial institutions and retailers. Fraudsters have grown increasingly adept at obtaining users’ credit card credentials and using them to take over financial accounts,…
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?
Five industry best practices to preventing e-commerce fraud in 2024
E-commerce fraud is a growing threat, and staying ahead of increasingly sophisticated fraudsters is critical for businesses of all sizes. Protecting your bottom line and your customers requires a multi-layered…
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…
Why an address verification service is for payment providers and banks
As we have outlined in previous blogs, both address verification service (AVS) and address validation service are vital to any business that serves customers online, regardless of industry. Indeed, risky…
What is AVS & AVS mismatch? How address verification keeps your transactions secure
Address Verification Service (AVS) is the process of verifying the accuracy and validity of a physical mailing address. Individuals or businesses provide these physical addresses to e-commerce companies or banks.…
Address validation solutions: How Address Risk API stands out
One of the big advantages of a digital economy is the ability to connect and transact around the world, regardless of physical location. Of course, this advantage brings with it…