Category: FRAUD
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Meeting Consumer Demand for Better Credit Card Fraud Protection
Consumers are demanding better protection for their personal data, and can you blame them? With AI scraping every piece of data updated to the internet and credit card fraud always on the horizon, what can we do? Fret not, because there are ways to protect your customer data without breaking the bank. Identity fraud cases…
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Types of Payment Fraud Models (and How to Prevent Them)
As an online business owner, you face many challenges daily. One of the biggest threats to your success is payment fraud. When fraudsters target your business, they can steal products, drain your accounts, and damage your reputation. Let’s explore the most common types of payment fraud and how you can protect your business. GET FRAUD…
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Pick Up Card SF – Meaning and Solution
One of the few things more frustrating than a declined transaction is not fully understanding why that decline happened. Credit card decline messages can be a source of confusion and frustration for both merchants and customers alike. They disrupt the smooth flow of transactions and can lead to uncomfortable situations at checkout. One such message…
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Credit Card Fraud Prevention 101
Credit card fraud is a significant threat to businesses of all sizes. As a business owner, you must stay vigilant and take proactive steps to protect your company and customers from fraudulent activities. Fraudsters constantly evolve their tactics. By understanding the various types of credit card fraud, recognizing warning signs, and implementing effective prevention methods,…
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FTC Ramps Up AI Regulation with new Impersonation Rule
In a significant move to protect consumers and legitimate businesses, the Federal Trade Commission (FTC) has announced the implementation of the Impersonation Rule, which went into effect on April 11, 2024. This new rule specifically targets scams and deceptive practices involving the impersonation of government agencies and businesses, with a particular focus on the growing…
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