The terminated merchant file (TMF) serves as a blacklist in the realm of credit card processing. Businesses find their names here once their merchant accounts are closed or if
Chargeback insurance is a policy that safeguards merchants from financial losses associated with fraudulent credit card transactions. It is meant to shield businesses against losses that could result from
Account takeover fraud happens when a cybercriminal gets access to a cardholder’s online account. This could be anything from your bank account to an email or social media profiles.
In business and finance, there are a few essential terms and processes that every merchant should know. One of these concepts is known as presentment. Presentment is the official
First-party and third-party fraud are simple ideas. The former involves a genuine user falsely claiming a transaction to commit fraud. The latter involves an imposter acting as a real
First-party fraud represents a significant financial risk that occurs after a transaction, and it’s crucial for all merchants to understand this threat to effectively counteract it. First-party fraud occurs
The rising issue of affiliate fraud is a significant concern for businesses that leverage online advertising. Affiliate marketing can provide a profitable and sustainable revenue stream, but it is
Card testing, also known as carding, is a technique employed by cybercriminals to determine the validity of stolen credit card details. By conducting a series of small transactions or
We all know how quickly misinformation can be spread online, where the line between fact and fiction is blurred, and trustworthiness is hard to determine. The prevalence of online
Friction in the customer experience isn’t always preventable. It can also seem like a vague concept without a firm definition. But, all confusion aside, this is one area that
