When it comes to payments, no one gets a hall pass. Not even a nonprofit gets one. In fact, the world of charitable giving offers a microcosm of the challenges and opportunities for platforms seeking to bring payments fully into the digital age. “At the...
In the digital marketplace, the effortless nature of eCommerce transactions masks a complex network of systems designed to ensure a smooth customer experience. While consumers enjoy a seamless process — from receiving notifications about products to completing purchases with a few clicks — this simplicity...
On the face of it, eCommerce has all the hallmarks of magic, especially for small to medium-sized businesses. Imagine: You’re out to lunch with a circle of friends. One of them gets a ping on their cellphone for a brand they follow online, letting them...
Fraud is often hard to identify and resolve, and expensive, especially for large merchants using in-house solutions where fraudulent transaction dispute losses can total as high as 0.51% of revenue. There are more effective systems for dealing with fraud. Examined in the study “Dispute-Prevention Solutions:...
October 04, 2024
The small businesses that are the backbone of each community across the United States are, collectively, the mainstay of everyday life. They employ millions who power spending and the economy. Yet these small businesses and even micro businesses have had their share of challenges, especially during the pandemic. Capital has become expensive, and digital transformation […]
June 12, 2023
Fraud is often hard to identify and resolve, and expensive, especially for large merchants using in-house solutions where fraudulent transaction dispute losses can total as high as 0.51% of revenue....
October 07, 2022
To err is human. To be confused about what’s on one’s credit card statements — mistaking legit transactions for something fishy — well, that’s human, too. Card disputes are on...
October 05, 2022
Unhappy — or simply confused — consumers can upend merchants and other enterprises’ top lines when they opt to dispute card transactions. Processing errors can cause revenue hiccups and losses....
October 22, 2021
Visa, in partnership with Verifi, is now enabling issuers in select markets to participate in its Rapid Dispute Resolution (RDR) service within Visa Resolve Online (VROL) to promptly resolve pre-disputes and avoid unnecessary chargebacks. RDR allows sellers to accept financial liability at the pre-dispute stage before a chargeback can be raised, reducing operational requirements and […]
October 01, 2020
Kount, the Boise, Idaho-based Software as a Service (SaaS) platform designed to simplify fraud detection and improve profitability, announced it has partnered with Verifi, the payment protection and management company....
June 28, 2019
As of Monday morning (June 28), Visa has announced it has signed a definitive acquisition agreement with Verifi. The payment tech firm offers a suite of data-enriched solutions to help...
April 20, 2017
Payments and risk management solutions provider Verifi, which specializes in serving CNP merchants, just recently announced the launch of a new platform that aims to improve efficiency and cut down...
