Written by James Melton for Internet Retailer. For roughly $700 per month, the owner of VapeSociety.com and VapeMood.com eliminated chargebacks of up to $5,000 per month. Cesar Campos thought chargebacks for fraudulent credit card purchases of $3,000-$5,000 per month were going to be a regular cost of doing business. Campos, marketing director of Campos Inc…. Read more »
Month: January 2017
Article originally posted on CPI Financial, written by Isla Macfarlane. A survey conducted by Kaspersky Lab and B2B International suggests that banks and payment organisations are finding it difficult to manage online financial fraud in today’s connected and complex technological landscape. The explosive growth of e-payments, combined with new technological developments and shifting business needs,… Read more »
Today’s Tidbit: “We estimate that in the U.S. alone, the value of false declines is more than 13 times the total amount lost to actual card fraud” Al Pascual, senior vice president, research director and head of fraud and security at Javelin Strategy & Research.