Category: FRAUD
-
Crypto Merchant Account
The markets may be volatile, but that hasn’t stopped demand for cryptocurrency exchanges or merchants inquiring about crypto merchant accounts. The pandemic has sent interest in cryptocurrencies such as Bitcoin and Ethereum into overdrive. Website visits to cryptocurrency exchange websites have recently increased to over 144.3 million visits per month this past August alone. That represents a 30.5% month-on-month increase. It appears the recent spike in volatility has…
Written by
-
Influencer Fraud: Why You Got Scammed & How To Bounce Back
Social media stars. Big-time bloggers. Authoritative podcasters. All share a trait that companies value – influence. But influencer fraud has left merchants with nothing to show for their ad spend. Fake followers, paid-for engagement and overstated reaches make it hard for high-risk merchants to partner with online figures in this market. The negative consequences stretch…
Written by
-
Affiliate Fraud: Rogue Partners Wreak Havoc On Merchant Accounts
In spite of affiliate fraud, many of our clients rely on affiliate marketing – some very heavily – to grow and boost online sales. Affiliates can help drive traffic that is high converting to many highly competitive consumer segments. So, like Neil Patel, co-founder of Neil Patel Digital says: If you want to scale your…
Written by
-
Holiday Fraud Can Ruin Your Christmas Revenues. Take These Steps To Secure Sales Into 2020!
Fraudulent transactions happen throughout the year. But, scammers like targeting the Q4 shopping season. This makes Christmas sales and revenue thereafter a very real threat. As a typical medium-sized online merchant, you will have already fended off an average of 206,000 web attacks a month this year. The majority of these attacks are as small…
Written by
-
Machine Learning – The Best Defense Against Chargebacks
Machine learning has become an excellent line of defense for high-risk merchants tackling fraud and chargebacks. It was once reserved for the worlds of academia and supercomputing. Presently, its broad range of applications are gradually realized considering the operational costs of high-performance computing has decreased. This is particularly true in the payments world. Today, payment…
Written by
