Tag: fraud
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5 Stripe Settings that Instantly Boost Fraud Prevention
Fraud prevention is not something to put on the back burner. Businesses face constant threats from fraudulent activities, especially at checkout. Stripe offers many tools to combat these threats, most of which rest in the platform’s settings. Understanding how to use these settings helps protect your business and customers from identity theft and data breaches.…
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Stripe FORCING AI Dispute Tool, Taking 30% of Winnings
When you run an online business, chargebacks are just part of the game. But now, Stripe is changing the rules-and not necessarily in your favor. If you’re using Stripe to process payments, you need to know about their new dispute fee structure and how it could impact your bottom line. Stripe has always charged a…
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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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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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