Category: Tips

Proactive Review: What it is and How it Works

At NoFraud, we talk a lot about our Proactive Review approach. But what does that mean exactly? Don’t all fraud prevention companies with chargeback guarantees offer some kind of review? What does it mean to be proactive? To explain how Proactive Review is different, it’s helpful to understand how fraud prevention companies think about risk…. Read more »

Fighting Chargebacks: The 5 Mistakes Merchants Should Avoid

Fighting Chargebacks

Because the internet provides great anonymity and transactions are conducted at arm’s length, there exists the unfortunate misconception that online fraud is not really hurting anyone. This deception couldn’t be further from the truth. A recent 2021 statistic cited a sobering 15% increase in online retail fraud since before Covid hit the nation, much of… Read more »

False Declines: What Are They and How to Prevent Them

False Declines

The eCommerce industry is growing rapidly. It’s become more critical than ever for merchants to realize how false declines can significantly impact their bottom line. False declines can be a bigger problem than fraud itself. Research by Javelin Strategy shows that 15% of all cardholders have experienced a false decline in the past year. Furthermore,… Read more »

Referral Fraud: What It Is and How To Prevent It

As part of the online war companies wage to win consumers, referral programs have been critical to marketing growth tactics. Referral marketing is most effective when managed efficiently and optimized to attract the right customers. Unfortunately, recent findings have shown a new form of fraud rising and wreaking havoc on marketing and eCommerce teams. Too… Read more »

The Fraud Risks of Buy Now Pay Later Orders

Buy Now Pay Later

The “buy now pay later” (BNPL) solutions are quickly gaining adoption as consumers look for new financing options and merchants aim to drive sales. More than one-third of the United States and United Kingdom shoppers use BNPL options, including half of Gen Z and the millennial generations.  In addition, as many as 30% of Australian… Read more »

Reroute Fraud – The Growing eCommerce Problem

Reroute Fraud – The Growing eCommerce Problem  A Guest Post by Fraud Expert Alexander Hall  Summer is here. What does this mean for merchants? The data from our friends over at NoFraud paints a clear picture: during Summertime, fraudsters kick into gear rerouting, intercepting, or hijacking packages of products relevant to summer activities. This concept… Read more »

A Peek into the Mysterious Dark Web

You’ve probably heard of the “dark web.” If you’ve ever wondered where a stolen credit card turns up after a cyberattack against a company or financial institution, that’ll be the place. But what exactly is the dark web and what does it look like? And do you know what risk it poses to your business?… Read more »

Beware of the renewed ‘bait and switch’ fraudster scheme

A harmful fraud scheme from the past has recently reemerged—ready to strike merchants when their defenses are low. Here’s what you need to know. Everyone loves the revival of an old classic. Except when it comes to fraud. Recently, fraudsters have revived a conniving scheme that can lead to chargebacks on high-value purchases. With the… Read more »

What You Need to Know About Ecommerce Fraud and Fraud Detection

Online shopping has been increasing significantly in popularity over the past decade. By 2021, it’s estimated that around 17.5 percent of all retail sales will occur through online storefronts. While online shopping has been very popular for quite some time, it has become the main method of shopping for many consumers since the COVID-19 pandemic… Read more »