Search Results for: chargebacks
In Chargebacks, Consumers Trust Their Banks, a Chargebacks911 Report Finds
Most U.S. consumers—53%—concerned about a possible fraudulent transaction on their credit card statements make the first inquiry with the issuing bank, not with the merchant. That’s according to the newly released 2024 Cardholder Dispute Index released by Chargebacks911, a Clearwater, Fla.-based dispute-management company. Conducted in partnership with TSG, an Omaha, …
Read More »CFPB Takes Aim at Big Tech Wallets; Shift4’s M&A Embrace; Chargebacks911 in FTC Settlement
Chargebacks911 in FTC Settlement And Other Digital Transactions News briefs from 11/8/23
The Federal Trade Commission and the state of Florida reached a settlement with Chargebacks911 in a lawsuit they filed in April alleging the company and its owners use multiple unfair techniques to prevent consumers from winning chargeback disputes. The settlement would prohibit them from providing chargeback mitigation services to high-risk clients that use affiliate …
Read More »In a Bid to Fight Chargebacks, Sift Gleans Data Via Integrations With PayPal and Adyen
Fresher data flowing directly from payments platforms could mean more effective remedies against chargebacks, some observers say. On Tuesday a major risk-management firm acted on that theory with a service that allows sellers to factor in information regarding chargebacks and disputes that flow through integrations with PayPal Holdings Inc. and …
Read More »Chargebacks911
Chargebacks911 provides businesses with scalable SaaS solutions to manage chargebacks and prevent fraudulent disputes. Their data-driven technology and patented Intelligence Source Detection (ISDTM) help identify the true source of chargebacks, while 24/7 monitoring and feedback protect businesses’ reputations. They are dedicated to minimizing the negative impact of chargebacks and maximizing …
Read More »CFPB Fines ACI $25 Million; Processors Ready AI Payments; Travel Chargebacks up 71%
Travel Chargebacks up 71% And Other Digital Transactions News briefs from 6/27/23
Travel companies experienced a 71% growth in chargebacks in the past few years, according to the “Tackling the Travel Chargeback Challenge” report from Outpayce from Amadeus, a global travel company. The survey canvassed 46 airline and travel agent executives in the second quarter. The Accredited Standards Committee X9 Inc. started an industry forum …
Read More »Credit Card Competition Act Redux; New Hires Signal Chargebacks911’s Plan; Coinbase Faces SEC Lawsuit
Chargebacks911’s Hires Signal Growth as Chargeback Volume Increases
Chargebacks911 is setting the stage for an e-commerce world full of ever-increasing digital payment—and chargebacks, a frequent challenge to management. To help, it is bringing on two payments veterans, one who oversaw merchant acceptance at Apple Pay and another who led merchant services at Bank of America Corp. Eric Hoffman, …
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