News

Mastercard’s fraud-prevention program is now available in Asia Pacific to support small businesses facing rising disputes.
Mastercard is expanding its First-Party Trust program across the globe to fight first-party fraud and reduce chargeback costs ...
Starting August 1, your daily UPI habits will no longer be the same. From strict limits on balance checks to fixed time slots ...
An Australian business owner was left in disbelief after catching a customer in a very brazen act months after the brand was ...
Financial solutions investment advisor Zakiyyah Muhammad warns that Cash App scams are becoming more prevalent, particularly targeting elderly retirees and young users. By understanding common fraud ...
Operators contest the chargebacks, but the banks side with the cardholder, leaving the restaurant holding massive losses. Let’s be clear: Credit card fraud is nothing new. In 2024, consumers lost ...
Opinion
Electronic Payments International on MSN17dOpinion
Issuers must take urgent action against fraud as chargebacks escalate
As Mastercard warns that global chargeback volume is set to soar, Frank Moreno explains why there has never been a more urgent time for financial institutions to update their chargeback reduction stra ...
TEL AVIV, Israel and NEW YORK, May 28, 2025 /PRNewswire/ -- Chargeflow, the leading global chargeback automation platform for modern commerce, and SEON, a global leader in digital fraud prevention ...
Businesses are demanding more cost-effective and secure payment methods that do away with the “unfair” chargeback model, according to a new report by open banking infrastructure provider, Yapily. The ...
CHAMPAIGN, Ill. (WAND) - For the last three months, restaurants have seen an increase in "friendly" fraud. Also known as chargeback fraud, this happens when customers order something, receive it, ...
Operational disruptions: Fraud can lead to legal battles and insolvency. Businesses that experience significant chargeback incidents are also at risk of losing their merchant account, which allows ...