Find here all the latest articles, news, and research on Friendly Fraud and other Friendly Fraud-related topics:
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Payment intelligence company Fraugster has announced the publication of its first Payment Intelligence Report 2022, which concluded that around EUR 80 billion were lost to online fraud across physical and digital goods and e-ticketing in 2021.
report, chargebacks, ecommerce, BNPL, fraud management, fraud detection, digital identity, identity fraud, account takeover, friendly fraud, credit card fraud, PSP
Israel-based Justt has published a new survey, which reveals that more than 60% of consumers used chargebacks and refunds to reverse transactions.
BNPL, chargebacks, friendly fraud, survey, refund, cryptocurrency
MRC and Visa have planned to explore Visa’s evidence updates and related efforts in the battle against first-party misuse.
MRC, Visa, friendly fraud, merchant
Signifyd, a US-based fraud prevention company, has debuted with its Signifyd app on the Stripe Marketplace to provide instant chargeback claims insights.
chargebacks, product launch, friendly fraud, fraud prevention, merchants, fraud detection, data aggregation
Fraud deterrence and account security company Arkose Labs has released a new report regarding the expansion of global fraud economy, Q2 2022 State of Fraud & Account Security report.
report, fraud management, fraud detection, online fraud, friendly fraud, account takeover, cybercrime, cybersecurity, bot attacks
Consumers are making increasing use of their mobile devices to shop and pay, and become increasingly satisfied with their shopping experiences, according to people in five of the six countries studied for PYMNTS and Cybersource’s 2022 Global Shopping Index
mobile payments, mobile money, online shopping, report, merchants, fraud prevention, friendly fraud, credit card fraud
Security company Fraugster has partnered with e-mobility innovator elvah to offer the latter a managed service risk solution.
Fraugster, fraud prevention, partnership, friendly fraud, risk management
Amir Nooriala, CCO at Callsign, shares his view on the most common types of fraud and how companies should properly address it – not by reacting to it but through a positive identification approach
fraud management, fraud detection, Account fraud, account takeover, identity fraud, friendly fraud, phishing, loyalty programme
Digital solution provider Pactera EDGE has launched a fraud protection solution that uses AI and ML to detect end combat new forms of ecommerce fraud.
fraud prevention, ecommerce, artificial intelligence, machine learning, product launch, friendly fraud
US-based post transaction fraud platform Chargebacks911 has announced it is developing a new AI fraud protection solution with Microsoft for financial institutions.
Chargebacks911, Microsoft, partnership, fraud prevention, chargebacks, friendly fraud, artificial intelligence, machine learning
Grocery apps downloads rose by 200% in 2020 – If this trend continues, how will fraudsters take advantage? Mairtin O'Riada, co-founder and CIO at Ravelin, reflects on fighting growing grocery fraud.
ecommerce, fraud prevention, online shopping, account takeover, friendly fraud
UK-based TSB bank has observed the doubling of romance fraud cases in the pandemic as a result of the shift to online dating amid distance restrictions.
research, friendly fraud, Facebook, financial crime, online fraud
Mairtin O’Riada, Chief Intelligence Officer at Ravelin, reveals the latest fraud trends in ecommerce, extensively touching upon promo abuse, refund abuse, and account takeover
fraud management, fraud detection, fraud prevention, friendly fraud, ecommerce, merchant fraud, account takeover
Sift, a US-based fraud prevention company, has released its Q4 2021 Digital Trust & Safety Index, which found that nearly 1 in 5 (17%) people have committed friendly fraud.
Sift, research, fraud prevention, chargebacks, friendly fraud, ecommerce, merchants, online payments
Mastercard-acquired company Ethoca and Nets, a European payment service provider have signed a partnership to help merchants and banks reduce friendly fraud, consumer transaction confusion, and chargebacks.
partnership, ecommerce, Mastercard, online payments, chargebacks, friendly fraud, fraud prevention, credit card
Kevin Lee, Trust and Safety Architect at Sift: 'First-party misuse or ‘friendly fraud’ accounts for the majority of the chargebacks filed, especially during the pandemic when sudden financial hardships may have pushed people to fraudulently file disputes'
chargebacks, Sift, friendly fraud, fraud prevention, first-party misuse, ecommerce
Ahead of First-Party Misuse / Friendly Fraud Summit, Julie Fergerson, MRC's CEO, gives an in-depth look into friendly fraud by revealing how big is the problem now, and why the payment ecosystem should encourage collaboration as a means of combating it
friendly fraud, merchants, fraud management, ecommerce
Chargebacks911, chargebacks, friendly fraud, fraud prevention
Maxim Kuzin, Head of Fraud Prevention and Risk as a Service at Radar Payments, provides a take on the current trends followed by fraudsters in order to commit financial crimes all over the world
Radar Payments, fraud prevention, friendly fraud, social engineering, account takeover
SEON, report, cross-sector, fraud, COVID-19, coronavirus, pandemic, organised crime, friendly fraud, banks, transactions