Fraudulent transactions are on the up, but with more information and tools at their disposal, online and multichannel retailers need to get up to speed if they’re going to stem their fraud losses.
The convenience online retail offers consumers is undeniable, but for the business owner it presents a new set of challenges. Not least of which is the increasing occurrence of digital fraud.
Better understanding of customer data combined with advancements in machine learning can help businesses remain agile in the face of ever-evolving cyber threats.
It’s the time of year where Christmas sales are beginning to spike for retail business owners. But this is also the time of year for spikes in fraudulent sales activity.
Accounting practices need to reconsider their practice business model – in particular how they invoice, accept payments, protect against fraud, and monitor emerging payment trends.
Before your business makes the decision on accepting credit cards and direct debit payments from your customers, it’s helpful to learn how the credit card transaction processing works in practice.
Just when you thought you were getting a handle on physical credit cards, along come virtual credit cards to complicate matters.
There’s no shortage of ways for businesses to pay businesses these days. But not all businesses can accept all payment methods from other businesses.