Category: Fraud Prevention
Subscription services have become integral to modern life, covering everything from streaming entertainment and software access to fitness programs and educational platforms. Many of these recurring payments are processed by intermediaries such as Novalnet, a leading payment service provider that facilitates transactions for a wide range of businesses. When it comes to managing or canceling […]
E-commerce businesses, particularly those operating across borders, face an ever-growing challenge: payment fraud. As the European digital payment ecosystem becomes more advanced, so do the methods used by fraudsters. For medium to large enterprises, fraud isn’t just an inconvenience—it poses serious risks to revenue and can damage a company’s reputation. This article outlines practical, actionable […]
Online transactions are the lifeblood of countless businesses. E-commerce platforms, subscription services, and digital marketplaces all thrive on the seamless flow of payments. However, this convenience comes with a hidden cost: the ever-present threat of fraud. Fraudulent transactions not only eat into your profits, but also damage customer trust and reputation. The good news? Artificial […]
While advanced technology and sophisticated algorithms play a vital role in detecting and preventing fraudulent transactions, it’s crucial not to underestimate the power of the human element.