International Finance

Tag : fraud


Ecommerce: Fraud by customers on the rise

Buyers increasingly using chargeback option to get refund for their products Suparna Goswami Bhattacharya October 3, 2016: Online merchants are facing a new problem — fraud by customers. Firms are increasingly facing malicious activity in the form of chargeback or friendly fraud. According to Visa, chargeback fraud has been growing at around 41% every year,...

Jumio reports 65% growth in recurring revenue

There is more than 50% increase in deals YOY August 1, 2016: Jumio, the leading digital ID verification company, announced record results for Q2 2016, with a greater than 65 per cent growth in recurring revenue year-over-year, and a record 30 million transactions completed to-date. Jumio’s customer base continues to expand, closing more deals than...
Business Leaders

Cifas appoints a new chairman

Lady Barbara Judge will take up the role in September May 31, 2016: Cifas, the UK’s fraud prevention service, announced the appointment of Lady Barbara Judge as the organisation’s new chairman.  Lady Barbara will officially take up the role in September 2016, when she succeeds the outgoing chairman, Ken Cherrett, who is standing down after...