Fraud Articles & Best Practices

Credit Card Fraud Articles & Best Practices

Online fraud costs billions of dollars in revenue each year, making fraud detection and prevention crucial to minimize risk and maintaining a successful business. VFraud offers several tools to help merchants and bank in the fight against online fraud.
The articles below describes how to help recognize fraudsters, how to put into place security best practices, how to avoid chargebacks and how to implement a fraud prevention program using VFraud.

Prevent Online Credit Card Fraud - The Internet has become an ideal place for hackers, scammers and criminals to use as their very own illegal playground with little fear of ever being found. Read full article.
Online Fraud Solutions - Although accepting credit card orders on a website allows merchants to automate online sales and reduce costs, the real target is to control the menace of fraudulent online credit card transactions. Read full article.
Credit Card Companies - The majority of fraud committed online is done using stolen credit card information; various methods are employed to obtain this, such as copying information from retailers, stealing it from company databases and even buying credit card information from company employees. Read full article.
Cybercrime - Crime involving computers and networks is known as Cybercrime; some examples of these are phishing, hacking, identity theft, child pornography, online gambling and information crimes such as trade secret theft and espionage. Read full article.
How We can Help to Prevent Credit Card Scams - Credit card fraud online is on the increase and the impact it has for online businesses can be damaging and sometimes disastrous. There are many risks to face when running an Internet business as you can't know for sure whose credit card you are actually charging. Read full article.
Identifying Online Credit Card Fraudsters - Most online fraud is committed by using stolen credit card information; the most common method is copying information from retailers, online or offline.
Read full article.
Chargeback Penalties - Normally a chargeback will start with the credit card holder noticing a discrepancy on their statement whereby they will have been charged for a purchase that wasn't authorized by them. They will make a complaint to the credit card provider. Read full article.