Blog

Chargeback management is combined of two complementary and supporting processes: The first is trying to avoid retrievals and chargebacks from happening. This includes improving customer service and adopting procedures and fraud detection tools trying to reduce fraud. The second is knowing how to handle the retrieval and chargeback when it does arrive.     Here…

Do you Know Your Customer ?

Accepting payments online means that we don’t get to actually see the client, or “read” the magnetic strip of their Card. Virtually anyone can be on the other side of the internet, using whoever’s details.   KYC K– Know             Y– your               C– customer KYC is…

3D-Secure, a big promise of protection at the expense of volume?  THINK AGAIN

Did you know that 3D-Secure approval rate is as high as face to face approval rate?     Read the below  latest news on 3D-Secure transactions  data provided by Endeavor.  It will amaze you! Attend any payments conference and what you will witness is the fraud detection industry competing on who makes the most detrimental…

Online payment have revolutionized our lives

One word can summarize the astounding impact that online payments has had on our lives – simplicity. Making payments online is faster, easier and more secure than any other method, and with online payment providers continuing to innovate year-on-year, the sky is the limit. Instant Secure Payments More and more people are turning to online…

CHB – not as simple as you may think

We all know how risky chargebacks are. They are being counted against us, they risk our operation, and may even cause closure of accounts, if the chargeback ratios are too high. But there is more to it than just chargebacks, as we’re about to explain.         The chargeback process has several stages:…

Black List In order to prevent repeated access of fraudulent users, we maintain updated lists of credit card numbers, email accounts and IP addresses that have been associated with inappropriate use, ChargeBacks or reported as fraudulent by the issuing bank. These lists are also known as “Black Lists”. Our systems use these lists to block…

The Evolution of a Poker Pro

 Professional poker players across the world all have a different tale to tell on how they came to get started in their favorite sport. World Poker Tournament champion Theo Jørgensen recalls making $2 bluffs with his school buddies back when he was in grade school. Latin American Poker Tour champion Jose Barbero spent hundreds of…

Uncharted Territory

Expanding into Online Casinos, Poker and Lotteries. If you’re already well-established in binary options or the foreign currency exchange business, the huge revenue streams from gaming web sites is an attractive draw. With industry revenues topping $9 billion per year and growing, it’s a viable market, and if you can bite off even a small…

Brief history in the regulation of Binary Options

One of the most notable landmarks in the development of the Binary Options sector took place in May 2012 when the Cyprus Securities and Exchange Commission (“CySEC”) formally announced that Binary Options fall within the scope of financial instruments listed in the Investment Services and Activities and Regulated Markets Law (the “Law”), thus Binary Options brokers operating in/via Cyprus should be licensed by CySEC as EU-licensed Cypriot Investment Firms (CIF). This, however, was not an easy win for the sector. CySEC’s

“Friendly” and “chargeback” fraud

One would think that only con artists or criminals commit fraudulent banking activities; if you are one, then keep on reading. Banking institutions and merchants believed for many years that a fraudulent act is committed by a “third party”, one that is outside the circle of the actual transaction; however recent study shows that in…

MENU