/ Technology

New fraud service cuts fraudulent transactions at iReel.com

IReel.com, a provider of online movie rentals, blocked hundreds of fraudulent transactions per day after implementing a fraud-detection system that screens transactions using device and transaction-related data, the e-retailer says.

Posted 04/08/2010Paul DemeryPost a comment

/ Technology

360Negative Signals aims to be a positive step in fighting online fraud

Ethoca Ltd., which manages a community where companies exchange card transaction data in order to combat fraud, this week launched a free service that checks pending transactions to see if they are risky.

Posted 03/18/2010Katie DeatschPost a comment

/ Technology

Visa tests an online payment and comparison shopping service

Visa has begun enrolling what it calls early users into a payments, comparison and web browsing service called Rightcliq. Visa plans to announce an expansion of Rightcliq in the coming months, with some analysts expecting an announcement this week.

Posted 03/10/2010Zak StamborPost a comment

/ Technology

GiftTree.com seeks alternatives to credit cards

Though 90% of purchases made on GiftTree.com are paid with credit cards, Craig Bowen, the site’s president, would like to see that percentage drop and more consumers use debit cards or alternative payment methods such as PayPal.

Posted 03/02/2010Zak StamborPost a comment

/ Technology

Credit cards are losing some luster with online shoppers

Online shoppers have increasingly turned to prepaid, gift and debit cards, along with so-called alternative payments such as PayPal and Google Checkout, according to a new report.

Posted 02/19/2010Zak StamborPost a comment

/ Technology

Banks are offering more card-not-present security alerts, study says

A new study shows sharp improvement in fraud prevention and identity detection made by U.S. financial institutions, including an increase of user-defined limits and alerts for online transactions.

Posted 12/10/2009Paul DemeryPost a comment

/ Technology

First Data partners with PayPal to link debit cards to PayPal accounts

Payment processor First Data is partnering with PayPal to allow debit cardholders in First Data’s Star Network to link their debit cards to PayPal accounts online through their financial institutions’ web sites.

Posted 10/19/2009Katie DeatschPost a comment

/ Technology

How Urban Outfitters speeds through manual review of payment transactions

With a new fraud management system that looks at 13 times as many variables as before, the apparel retailer is getting more orders out the door on time while cutting customer service and shipping expenses, call center manager Bryan Whitney says.

Posted 09/16/2009Paul DemeryPost a comment

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