ACI’s Payments Intelligence approach offers merchants complete journey protection—stopping friendly fraud and chargeback abuse in real time ACI expects industry leading fraud approval rate of 98% ...

SAN FRANCISCO -- Facebook allowed children to rack up huge bills on digital games while the company rejected recommendations for addressing what it dubbed "friendly fraud," according to newly released ...

Don’t let the name fool you. “Friendly fraud” is anything but friendly. In fact, it’s something that’s been deeply affecting hospitality businesses across the UK, with firms being hit with high ...

Since the chargeback system was first introduced through the Consumer Protection Act of 1968, consumers have found creative ways to dispute transactions. First came the rise of "friendly fraud"—also ...

Refund fraud is now a business, with methods and tutorials sold to exploit return policies for profit. Flare shows how fraudsters turn refunds and chargebacks into a repeatable profit model.

Businesses in Europe, the MENA Region, and Asia-Pacific regions are confronting a sharp escalation in fraud, with losses mounting faster than protective measures can respond, according to a study ...

OMAHA, Neb.--(BUSINESS WIRE)-- 'Friendly fraud’ is expected to increase by 25% between Thanksgiving and Cyber Monday, according to an analysis of billions of transactions of global eCommerce ...