Posts Tagged ‘friendly fraud’
The Challenge of First-Party Fraud
We talk about fraud a lot and that’s because we’re invested in stopping it. Most of our previous blog posts focus on what we call third-party fraud, or the unauthorized use of a payment instrument (PI) by a third party – usually a bad actor associated with an organized fraud ring who’s attempting to use…
Read MoreThe Hidden Costs of Chargebacks
As a society filled with online shoppers, we have grown accustomed to having all our wants and needs available at the click of a button. Over recent years, ecommerce sales have been growing steadily, increasing from 4.2% of overall sales in 2010 to over 10.2% in 2019. However, with this increase in ecommerce sales comes an…
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