The Importance Of Security And Fraud Prevention For Payment Processing

The Internet of Things is making the world more digitally driven and digitally connected. It’s estimated 50 billion smart devices will be used all over the world by 2020. Of course, this will highly add to the convenience of making payments, enabling consumers to easily pay how they want and when they want. However, the

Though Chip Cards Are Still Slow, They Protect You From Fraud

One year has passed since EMV technology arrived in the US credit card market. Chip cards are designed to make transactions safer and they really do this. According to a NerdWallet survey, the majority of consumers approve the EMV liability shift in the US. Happy Birthday EMV MasterCard reports 88% of its credit cards are

Why do Such a Large Number of Americans Hold the Merchants Responsible for Preventing Fraud?

Feedzai, a large science company who are known for using real-time and machine-based learning to put a stop to fraud, have announced the results today of their nationwide survey of adults in the United States. The survey found that a staggering 60% of those surveyed hold the merchants themselves responsible for preventing fraud and data

Ethoca Alerts: Protecting Your Business from Fraud

How can I Protect my Business from Fraudulent Transactions? The problem that businesses encounter when fraudulent transactions are made is the communication gap between card issuers and merchants. Notifications of a fraudulent credit transaction takes on average 3-6 weeks causing businesses to frequently lose physical goods on fraudulent orders. Using a service like Ethoca will