Category: 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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The Rise of Friendly Fraud Among Gen Z and What Businesses Can Do
Friendly fraud is where customers dispute transactions they actually made through their credit card company or bank, aiming to get their money back. It’s as problematic as it sounds. 42% of Gen Zers (those born between 1997 and 2012) have fessed up to committing friendly fraud. With the digital world at their fingertips, disputing a…
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PayPal Frozen Funds Hack: Chargeback YOURSELF
Efficient transactions are the lifeblood of any successful business. But sometimes, our trusted tools don’t always work in our favor. One such scenario involves PayPal freezing funds, a situation that has left many online merchants in a lurch. If you’ve ever had your PayPal account frozen, you know the struggle of not being able to…
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