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AI x Payments: From Fraud Detection to Hyperpersonalised Checkout

Finextra

Real-Time Fraud Detection: Defence at Machine Speed Traditional fraud systems rely on static rules and after-the-fact analysis. But fraud doesn’t wait, and neither can protection. AI-Powered Support & Dispute Resolution Post-transaction interactions are just as critical as the payment itself.

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Avoided.io: Revolutionising chargeback management and fraud prevention

The Payments Association

In todays fast-paced digital landscape, managing payment disputes and chargebacks has become a significant challenge for businesses, especially in the e-commerce sector. Chargebacks, often triggered by fraud or customer disputes, can severely impact a companys revenue, reputation, and operational efficiency. Thats where avoided.io

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Fraud unveiled: Key takeaways from merchant roundtable discussion

The Payments Association

A roundtable discussion among merchants addressing the evolving challenges of fraud in their operations across various sectors. It highlights the necessity of advanced fraud detection and greater industry collaboration. Improving regulations, using technology for detection, and fostering industry-wide cooperation.

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The Credit Card Chargeback Process Explained: What Merchants Need to Know

Stax

Debit or credit card chargebacks are when a disputed charge made to a merchant’s account is refunded to the customer’s bank account. According to the federal Fair Credit Billing Act , consumers can dispute a charge in the case of billing errors and the failure of a business to render goods or services as described.

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Everchanging chargeback prevention landscape: How avoided.Io safeguards revenue with real-time fraud detection

The Payments Association

Traditional fraud prevention tools are slow, reactive, and often ineffective. We saw a need for a proactive, real-time solution that prevents disputes before they become chargebacks. Key features Real-time fraud alerts: Receive instant notifications when issuers flag suspicious transactions, enabling proactive fraud prevention.

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The Ultimate Guide to Ecommerce Payment Solutions

Stax

Key features to look for in an eCommerce payment solution include security and fraud protection, payment method variety, integration capabilities, chargeback protection and dispute resolution, and global payment support. Chargeback protection and dispute resolution Most business owners view chargebacks as a cost of doing business.

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The Best Way for a Business to Handle Chargeback Management

Clearly Payments

Here are some other articles on chargeback management: How to Build a Chargeback Payments Team in your Company How to Win Chargeback Disputes What is a Good Credit Card Chargeback Rate for Merchants? Customer Support Specialists Responsibilities: Address disputes proactively by resolving customer concerns before they escalate to chargebacks.

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