Visa launches six AI tools to cut fraud costs, reduce chargebacks, and streamline dispute management worldwide.

Visa Inc. released six new or updated dispute-resolution services, a year after acquirers became subject to the then-new Visa Acquirer Monitoring Program. Known as VAMP, the program, according to Visa ...

Visa Inc. is touting recent changes to how chargebacks that could be first-party fraud, also known as friendly fraud, are processed as potentially saving small businesses globally $1 billion in costs ...

Visa will acquire Verifi, a chargeback reduction solution provider. The deal will combine the dispute resolution tools offered by Verifi with the risk and fraud management solutions available through ...

While ratios and messaging surrounding Visa’s looming VAMP program have changed, one message is clear: acquirers and merchants should look to technology to stay in Visa’s good books. Beginning Oct. 1, ...

Visa unveils AI dispute resolution tools to modernize chargeback processes, reduce costs for merchants, and enhance ...

Friendly fraud — which refers to customers requesting a refund for an otherwise legitimate payment — is getting worse, increasing the danger of financial losses and the risk of security overreach to ...

Chargebacks are a common issue, especially in the banking sector. It happens when any purchase or payment gets reversed, and the customers get their amount back because of the initiated dispute with ...

In terms of chargeback support, what do merchants need? The answer to that question varies, as every business faces its own unique problems. Moreover, the chargeback process is complex and ...