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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
Global financial technology provider FIS has partnered with Jifiti to launch a future-proof embedded lending solution for delivery by banks and financial institutions.
FIS, lending, banks, merchants, BNPL, instalment payments
Global financial technology provider FIS has planned to undertake a tax-free spinoff of its merchant operations, the majority of which comes from Worldpay, as reported by Reuters.
FIS, payment processing, Acquirer, banking, merchants