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Tag: Chargeback fraud

Mastercard Tackles the Problem of Chargebacks

May 18, 2024May 18, 2024 Ina Steiner
Mastercard symbol

Mastercard’s Ethoca subsidiary predicts that by 2026, there could be 337 million chargebacks annually, an increase of 42% from 2023 levels. That’s a major problem for retailers and online merchants, one the credit card company is tackling through a new Read more

News, Security and Fraud IssuesChargeback fraud, Chargebacks, Mastercard, Visa1 Comment

Merchants Want AI to Come to the Fight against Chargebacks

March 26, 2024March 26, 2024 Ina Steiner
Riskified

A company that helps online merchants fight chargebacks said claims started trending upward during the COVID pandemic, as online shopping boomed and customers looked to recoup funds without leaving the house or having to navigate merchant customer service. And the Read more

News, Security and Fraud IssuesChargeback fraud, Chargebacks, Riskified


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