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Chargebacks: The Ghost Troubling The Growing Market Of Digital Goods

Retailers dealing in digital goods and services like newspaper subscriptions, online gaming, music & video streaming, among others are gaining popularity by the day. But because online business runs round-the-clock, digital goods have also come with challenges like friendly fraud and friendly fraud. And while you’ve heard of “friendly fraud,” the term “family fraud” is […]

New Report Says UK Ecommerce Fraud Soared in 2018

UK ecommerce fraud soared in 2018, hitting nearly £400m; this accounted for the vast majority (78%) of all card not present fraud (CNP). This spike in fraud has many asking what exactly is fuelling the disturbing growth of fraudulent activity and financial loss for UK merchants. According to UK Finance, the ongoing epidemic in data […]