Clearly Payments

NOVEMBER 18, 2024

Fraud Prevention Specialists Responsibilities: Monitor transactions for fraudulent activity and implement fraud prevention measures. Skills Required: Experience with fraud detection tools and an understanding of common fraud patterns. Midigator : Focuses on analytics and chargeback prevention.

PCI DSS 59

PCI DSS Address Verification System (AVS) Disputes Card Network Rules 59

Finextra

JUNE 18, 2025

For issuers, the picture looks even bleaker. Globally, only 28% of their chargebacks are legitimate disputes, while a whopping 72% are fraudulent (59% being third-party fraud, while 13% is first-party fraud). 3DS is an under-appreciated tactic in that regard.

Issuers 52

Issuers Disputes Fraud Prevention Authentication 52

Stax

MARCH 13, 2025

Keep card networks up and running Large, global infrastructures are required to process massive volumes of transactions safely and efficiently. Card networks must maintain them properly and pay for fraud prevention tech (data encryption, tokenization, real-time tracking, etc.). of the transaction value plus $0.10

Debit Card 88

Debit Card Credit Cards Processors Processing Costs 88

Finovate

JUNE 16, 2025

Paytech LemFi acquires UK credit card issuer Pillar. Fraud prevention Experian and GBG announce “deepened” strategic partnership to enhance fraud prevention and identity verification in Australia and New Zealand. GrailPay raises $6.7 million to make ACH payments more secure.

Credit Union 59

Credit Union FinTech Fraud Prevention Card Issuer 59

Stax

DECEMBER 9, 2024

Strengthen Fraud Prevention Measures Implement robust fraud detection and prevention systems to minimize the occurrence of fraudulent transactions. Use address verification, CVV checks, and fraud scoring models to identify potentially fraudulent orders.

Credit Cards 88

Credit Cards Process Disputes Card Issuer 88

Stax

NOVEMBER 21, 2024

It also ensures that data security best practices, particularly PCI DSS (Payment Card Industry Data Security Standards) requirements , are followed to the letter to prevent any breach or loss of sensitive customer data. Your merchant account can even be terminated if you get too many chargeback fees.

Credit Cards 88

Credit Cards Small Business Process Credit Card Payment Processing 88

The Payments Association

APRIL 8, 2025

Lin Tao ( Prezzee ) highlighted the disproportionate risk her industry faces: Gift cards are inherently attractive to scammers due to their high liquidity and minimal traceability. Balancing fraud prevention with maintaining a good service to customers is a constant struggle.

Fraud Detection 88

Fraud Detection Fraud Prevention Scams Participant 88

EBizCharge

MARCH 11, 2025

Payment processing can also include recurring payments, customer payment portals, and fraud prevention tools to enhance security and streamline financial operations in Acumatica. With payment processing in Acumatica, businesses can automate transaction entries, reconcile payments faster, and reduce manual errors.

Processing Costs 52

Processing Costs Process Credit Cards Payment Gateways 52

The Payments Association

JULY 19, 2025

Many smaller PSPs, unencumbered by legacy systems and legacy data providers, are leading the way in fraud prevention by using the most innovative methods to drive down the costs and efficiency of onboarding. However, critics note that few of these inputs are publicly disclosed or provide quantitative justification for the rating shift.

Money Laundering 88

Money Laundering Risk Financial Crimes Due Diligence 88

EBizCharge

JANUARY 16, 2025

Card issuer restrictions: Card issuers sometimes place restrictions on where cards can be used. For instance, a card may be restricted from use at specific types of retail outlet services, ensuring it aligns with the cardholders preferences or issuer policies. MCCs help enforce these restrictions.

Credit Cards 52

Credit Cards Processors PCI DSS Fraud Detection 52

Stax

OCTOBER 14, 2024

and $0.50), plus a percentage of each purchase (between 1% and 3%) on top of the interchange fees charged by the card issuers. Tiered Pricing A tiered model puts credit card transactions into several categories—qualified, mid-qualified, and non-qualified. Interchange Plus Pricing A small fixed fee (between $0.10

Processors 88

Processors Small Business Payment APIs and Integration Payments 88

Payments Dive

JANUARY 16, 2024

The card issuer is selling the business, which offers online fraud monitoring services to merchants, to the joint venture investment firm Accel-KKR.

Fraud Prevention 103

Fraud Prevention Card Issuer Issuers 103

The Fintech Times

SEPTEMBER 26, 2024

Curve’s ‘staged wallet’ technology, he explains, enables the company to influence and control the transaction flow, enabling features like zero-fee foreign transactions, the ability to double-dip on rewards and enhanced fraud prevention.

Fraud Prevention 59

Fraud Prevention AI Fraud Detection Card Issuer 59

PYMNTS

OCTOBER 20, 2016

Get individual and industry perspectives on: – Payment authentication, its importance to fraud prevention and to ecommerce security. – Successful 3DS 2.0 adoption, including Service Provider and Software Developer viewpoints.

Card Issuer 76

Card Issuer Issuers Security Online and Mobile Banking 76

Payments Source

OCTOBER 1, 2019

Mastercard has developed a service called Threat Scan to help card issuers get ahead of fraudsters by running scans on their card authorization systems based on the latest evolving global card scams.

Issuers 117

Issuers Visa Card Issuer Scams 117

FICO

MARCH 10, 2022

One of the most interesting takeaways for me is that banks have an opportunity for proactive, personalized customer communication, in the channel of their choice, to provide fraud detection and fraud prevention, as well as to manage fraud cases so that they can be bought to a conclusion more quickly and with a better customer experience.

Fraud Prevention 52

Fraud Prevention Fraud Detection Authentication Debit Card 52

Payments Source

FEBRUARY 26, 2016

Through a partnership with fraud prevention provider Ethoca, Total System Services Inc. is offering card issuers and merchants a new tool to prevent e-commerce chargebacks.

Card Issuer 63

Card Issuer Fraud Prevention Transactions Issuers 63

Clearly Payments

JANUARY 12, 2024

Advise them of the potential fraud and instruct them on the steps they should take, such as contacting their card issuer to report the incident and potentially canceling their affected cards. Cooperate with Card Issuers Work closely with the credit card issuers of the affected credit cards.

Credit Cards 105

Credit Cards Law Enforcement Card Issuer PCI DSS 105

Clearly Payments

SEPTEMBER 18, 2024

While chargebacks were originally introduced as a consumer protection tool, they are frequently used in cases of fraud or simply as a means of securing a refund quickly ( friendly fraud ). Fraud Specialist: The Guardian The fraud specialist identifies fraudulent transactions to reduce chargebacks.

Disputes 105

Disputes Fraud Prevention Payments Credit Cards 105

The Fintech Times

FEBRUARY 22, 2024

AI is not a barrier for cross-border payments Serena Smith, chief client officer, at i2c Inc Serena Smith , chief client officer, at i2c Inc , the card issuer and payment processor, explains that AI will not be the main hindrance for cross-border payments growth in 2024. “The great thing about AI is that it never gets bored.

Cross-Border Payments 136

Cross-Border Payments Cross-Border AI Payment Security 136

PYMNTS

NOVEMBER 9, 2016

“The critical question will be how quickly the perceived benefits can match or exceed both the direct and indirect costs of implementation of a new form of technology in an already well-developed and successful ecosystem of card issuers, merchant voucher acceptors and payment processing platforms,” said Cohen.

Credit Cards 70

Credit Cards Blockchain Fraud Prevention Cross-Border 70

FICO

NOVEMBER 10, 2020

As someone who has worked in fraud detection and mitigation for more than 30 years, I wanted to share some important facts on how banks and card issuers protect their customers from fraudulent transactions: with multiple defenses that are often invisible, and more importantly, often intentionally frictionless. Emphases added.).

Credit Cards 98

Credit Cards Consumer Card Issuer Issuers 98

Payment Savvy

JANUARY 11, 2023

If you are one of the ten million-plus American businesses with a merchant processing credit card account, the chances are you are aware of an industry term known as interchange. Each new credit card transaction is assigned to what is known as a target interchange category. Credit Card Not Present Businesses (online, called-in, keyed).

Credit Cards 98

Credit Cards Card Issuer Issuers Processors 98

PYMNTS

NOVEMBER 22, 2019

Fraud is hardly a new phenomenon in retail — in fact, it is probably safe to assume that fraud in some form or other has been there since the beginning. Fraud, in some sense, is, was and always will be a cost of doing business in the world of retail.

Issuers 62

Issuers Fraud Prevention Credential Security 62

Payments Source

AUGUST 20, 2019

Visa is offering four new security tools to assist merchants, acquirers and card issuers by disrupting fraud in real time.

Card Issuer 81

Card Issuer Technology Issuers Acquirers 81

The Paypers

MARCH 22, 2023

Credit card processor Zeta has partnered with fraud prevention company Featurespace to deliver a credit card processing and fraud detection solution for US-based issuers.

Fraud Detection 36

Fraud Detection Credit Cards Issuers Card Issuer 36

FICO

MARCH 11, 2021

Delivering leading AI-driven fraud prevention to a new business model. Conductor, the leading payments and banking-as-a-service platform in Latin America, has increased fraud detection by 25 percent and reduced overall payments fraud by 18 percent. The judges were impressed with the impact and scale of this project.”.

Fraud Detection 52

Fraud Detection Fraud Prevention Card Issuer Issuers 52

Clearly Payments

OCTOBER 22, 2024

This guide explains how a PIN functions in credit and debit card payments and its importance for merchants. A PIN is a four- to six-digit numerical code assigned to a credit or debit card by the card issuer or chosen by the cardholder. If the wrong PIN is entered too many times, the card may be temporarily blocked.

Debit Card 105

Debit Card Credit Cards Point-of-Sale (POS) Encryption 105

Paystand

SEPTEMBER 12, 2024

Key Takeaways A Bank Identification Number (BIN) is the first 4-6 digits of a payment card, identifying the card issuer and its industry. BINs are crucial for detecting fraud. They trace transactions back to the card issuer and verify details like card type and origin.

Card Issuer 40

Card Issuer Fraud Prevention Scams Issuers 40

FICO

MARCH 9, 2022

Recent research we undertook looked at the connection between customer experience and fraud controls from a consumer perspective. Our survey showed a positive outlook for banks and card issuers investing and innovating significantly in the digital space. Consumers Are Less Worried About Scams than Other Forms of Fraud.

Fraud Prevention 59

Fraud Prevention Scams Online and Mobile Banking Account Takeovers 59

Stax

AUGUST 20, 2024

3D Secure is a fraud prevention solution with an added layer of security that helps protect buyers and merchants from fraudulent online transactions. The merchant’s website will initiate a 3DS request with the customer’s card issuer on the payment page. This means businesses can save money on each transaction.

Authentication 88

Authentication Security Card Issuer Payment APIs and Integration 88

PYMNTS

MARCH 19, 2018

Whether friendly fraud or genuine fraud, for merchants and card issuers, the impact is growing and comes with a host of negative consequences for the entire ecosystem — especially customers. And sometimes — in the case of friendly fraud — relationships severed altogether. Lost revenues and chargebacks.

Card Issuer 61

Card Issuer API Disputes Issuers 61

Stax

DECEMBER 20, 2023

Let’s start with the elephant in the room: are debit card surcharges legal? The short answer is no, it’s not legal to surcharge debit card transactions. Major card issuers, including Visa and Mastercard , expressly forbid surcharging debit card transactions. How much do debit card transactions cost?

Debit Card 88

Debit Card Legal Credit Cards Processing Costs 88

Clearly Payments

OCTOBER 10, 2024

These are particularly effective for credit card companies. For instance, major credit card issuers like Chase and Capital One offer cashback for purchases made on certain categories like groceries, dining, and gas. Point-of-Sale (POS) Integration : Payment processors integrate loyalty programs directly into POS systems.

Processors 105

Processors Payments Credit Cards Point-of-Sale (POS) 105

PYMNTS

OCTOBER 4, 2019

Identity theft and fraud prevention are increasingly near or at the top of consumers’ minds, and those concerns must be taken into account during any reviews or crafting of plans by FIs and payment service providers, he noted. That should be a high priority for all card issuers,” Pangretic told PYMNTS.

Credit Cards 70

Credit Cards Card Issuer Issuers Identity Theft 70

PYMNTS

NOVEMBER 30, 2020

consumers who own internet-connected devices and who use their credit or debit cards at least monthly. We examined their willingness to share their locations with their card issuers as well as whether they would be willing to switch to FIs that leveraged geolocation tools to thwart fraud. The report surveyed 2,141 U.S.

Consumer 68

Consumer Card Issuer Accounts Online and Mobile Banking 68

The Payments Association

MAY 12, 2025

The n ext-generation card processing 2025 study finds that next-generation card issuing processors are expanding four times faster than the overall market, propelled by cloud-native stacks, flexible consumption-based pricing and open APIs.

Debit Card 88

Debit Card Payment APIs and Integration Online and Mobile Banking Processors 88