Risk and Fraud Management

Does High Risk Mean Big Opportunity or More Losses?

Every day more businesses are going out of business and layoffs continue to plague the nation. The traditional brick-and mortar merchant may slowly become a thing of the past. Many are trying their hand at home-based businesses and internet ventures. Over the past year we have seen a significant rise in companies like mortgage restructuring, […]

Tis the Season for Fraud – How Is Your Business Helping – Part 2

The sales associates at retail outlets following proper security guidelines is a good start to protecting against fraud this holiday season. But what if you are an online business, or the magnetic strip on a card does not work? In Part 1 of this topic, we talked about proper procedure for accepting cards in a card present […]

Remedies for Chargebacks

To keep your chargeback ratio in check you have to take a proactive role. You can actually prevent chargebacks from escalating – and counting towards your monthly allotment. The most common categories for chargebacks include point-of-sale errors, customer disputes, and fraud – and within these categories are a multitude of possible reasons. Understanding the reasons provides insight […]

What Hidden Merchant Account Fees Should You Watch Out For?

We all frequently read about various types of scams to look out for, warnings of Packet Sniffing, and stolen card numbers. The real scams to look for are the ones that are directly on your merchant account application. Merchant Account Fees seem to suddenly pop up after you have signed your agreement. One of the […]

FTC to possibly ban payment methods due to susceptibility of fraud

FTC Calls for Reform The FTC has recently called for reforms to the Federal Telemarketing Sales Rule and as a result has issued a Notice of Proposed Rule Making. The proposed amendments would prohibit the use of certain novel payment methods by telemarketers and extend the ban on recovery services. If the amendments are approved […]

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