Though some believe blockchain technology can rescue businesses from chargebacks and ecommerce fraud, it may not completely solve the problem. True and friendly fraud hurt all businesses, especially mobile and online merchants. Unauthorized use of credit cards triggers cardholders to implement chargebacks, resulting expensive refunds and other penalties for businesses. As blockchain technology evolves, merchants can expect it to reduce...
Though global law enforcement officials took down two of the world’s largest dark web drug websites in the past few weeks, another site continues to peddle thousands of painkillers and other narcotics. Empire, the dark web site that sells 18,000 drugs, including oxycodone and the powerful synthetic opioid, fentanyl, continues to operate. In such a buzzworthy market, it’s not completely...
Fraud continues to be a headache for businesses of all sizes, especially midsized and large online retailers. They saw on average a 35% in fraud during 2017, according to the recently released 2018 “True Cost of Fraud” study by LexixNexis Risk Solutions. The cost of fraud is definitely expensive for these firms – every $1 of fraud costs midsized and...
Though blockchain technology has the potential to create a universal currency and revolutionize the ways people do business, expect its progress to move at a much more measured pace. Even though the technology brings about excitement for its place its eventual role in society, experts caution that the technology, which was built with a combination of encryption and transparency, should...
SEC Registration Charges Two cryptocurrency companies must return millions to investors for violating ICO federal regulations. CarrierEQ Inc. (Airfox) and Paragon Coin Inc. agreed to repay funds to their harmed investors and register tokens as securities under the Securities Exchange Act of 1934, according to the settlement they reached with the U.S. Securities and Exchange Commission (SEC). Additionally, they each...
Faster and cheaper— the two adverbs to correctly describe how Bitcoin is making easy the exchange of money among merchants and consumers that sell and buy services or goods. So whether you run an e-commerce business or a physical store, accepting Bitcoin may prove more helpful to you than any other payment methods, including taking credit cards. Retailers particularly love...
Are you interested in Bitcoin and Bitcoin merchant accounts? What’s important to know about cryptocurrency? How can you get a reliable, secure and affordable Bitcoin merchant account? There’s nothing challenging about this. Just read this article and you’ll know. What You Should Know About Bitcoin Bitcoin can be described as a monetary exchange that’s faster and cheaper. It can be...
Accepting payments in crypto payments and receiving funds directly to your bank account is too important these days. Do you know how you can accept crypto payments? Do you know a reliable and experienced payment processing company that can help you with this? Just go on reading this article and you’ll get answers to your questions. Importance of Crypto Payments...
It would be difficult to have missed the growing interest in Bitcoin and the alternate versions of cryptocurrency that are now available. There has been a significant growth of interest in the world of crypto finances, but for the millions of new users, many are not giving much consideration to the security of their digital finances. One of the most...
Bitcoin will mark 2018’s first quarter as its worst ever. The world’s top cryptocurrency dropped significantly standing at $6,782.64. While newbie’s in the financial world may panic or even choose to liquidate what’s left of their Bitcoin investments, a recent forecast by financial experts from howmuch.net indicate that the popular cryptocurrency may make an unexpected comeback. According to the financial...
