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Chargebacks and friendly fraud represent the main concerns for FIs and merchants across the globe, as businesses lose billions of dollars because of them. David Mattei, Strategic Advisor at Datos Insights, shares exactly how businesses are negatively impacted by chargebacks and what to do to stop the phenomenon.
fraud prevention, ecommerce, FIS, merchants, financial institutions, chargebacks
Fintech FIS has signed a definitive agreement to sell a majority stake in its Worldpay Merchant Solutions business to private equity fund managed by GTCR.
FIS, acquisition, fintech, Acquirer, embedded finance