TC&C’s Post

The most damaging financial burdens businesses face today are chargebacks. It’s a silent killer, derailing your revenue without remorse. But, chargeback disputes can be mitigated. 1. Clear Communication: Provide your customers with all the necessary details about transactions. This includes product/service specifications, delivery times, and return policies. 2. Transaction Transparency: As a merchant, ensure that your billing descriptor is accurate and easily recognizable. 3. Technological Solutions: Implement effective fraud prevention software. These can detect and flag potential fraudulent activities, protecting your business from disputes. The goal? Reduce chargeback rates, secure customer transactions, and enhance your business's payment processing system. Remember, when it comes to chargebacks, prevention is better than cure. #Chargebacks #BusinessStrategy #PaymentProcessing

Is your business vulnerable to payment fraud? Check out these tips to protect your business and optimize cash flow by embracing automation. 

Is your business vulnerable to payment fraud? Check out these tips to protect your business and optimize cash flow by embracing automation. 

Is your business vulnerable to payment fraud? Check out these tips to protect your business and optimize cash flow by embracing automation. 

Is your business vulnerable to payment fraud? Check out these tips to protect your business and optimize cash flow by embracing automation. 

A PCI compliance audit is when your bank or merchant services provider requires you to prove that customer data is secure. Read our blog about what to expect when you’ve been notified about an upcoming audit… We promise we aren’t trying to sell you anything! https://lnkd.in/gD_y8tE8

There are many types of scams, and they are continuously evolving. Understanding their risk impact and how to resolve them requires a dynamic approach and up-to-date data and guidelines. A standard GRC or tick-box-oriented approach is not geared for it. Let's talk if you want to understand how Cognitiveview monitors scams and reduces consumer compliance risk. https://lnkd.in/gSA-sSe7

🔒 **Protect Your Business with Effective Chargeback Solutions** 🔒 Are chargebacks causing headaches for your business? Don't fret! We've got you covered with top-notch solutions to safeguard your revenue and streamline your financial operations. 💳 **Prevent Fraudulent Chargebacks:** Implement robust fraud detection measures to identify and prevent fraudulent transactions before they occur. From advanced AI algorithms to comprehensive verification processes, stay ahead of the curve and protect your bottom line. 📈 **Optimize Dispute Management:** Say goodbye to manual dispute handling and embrace automated systems that efficiently manage and resolve chargeback disputes. With real-time monitoring and seamless communication channels, reclaim lost revenue and maintain customer satisfaction. 🛡️ **Enhance Customer Experience:** Provide a seamless and secure payment experience for your customers. Utilize cutting-edge encryption technologies and fraud prevention tools to instill trust and confidence in every transaction. 💼 **Tailored Solutions for Every Business:** Whether you're a small startup or a multinational corporation, we offer customizable chargeback solutions to meet your unique needs and challenges. Scale effortlessly and focus on what matters most – growing your business. 🔒 **Protect Your Profits, Secure Your Future:** Don't let chargebacks derail your success. Invest in reliable chargeback solutions today and safeguard your business against financial losses and reputational damage. #ChargebackSolutions #FraudPrevention #BusinessProtection #SecureTransactions

Great write up from Securely Built about third party risk and the growing attack surface in banking and finance. "... the integration of third-party services into the critical operations of financial institutions which has notably increased the attack surface..." Financial institutions, large and small, rely on a complex web of interconnected (and interdependent) applications. Every one represents a point of risk. https://lnkd.in/gxyTw59e