News & Press

Prompt bombing – a new fraud strategy

July 28, 2022

Fraudsters will use every trick in the book to catch their victims, ranging from the technological to the psychological. In the case of the latter, a new twist on an established attack vector has been trending recently – prompt bombing.

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Axerve Expands Ecommerce Tokenization Offering to Include Network Tokens & Activates Enhanced Solution with International Merchants Including Chili

July 13, 2022

Axerve, Payment Partner to Grow, specialising in creating accessible and frictionless payment solutions for Ecommerce and physical sales, today announces that it will expand its existing proprietary Ecommerce tokenization offering to include the Network Tokens recently provided by circuits such as Visa and Mastercard and welcomes Chili, an international tech media and video on demand (VoD) firm, as one of the first companies to be activated on Network tokenization.

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Riskified and Axerve Help KIKO Milano to Boost Cart Conversions Under PSD2 by Maximizing TRA (Transaction Risk Analysis)

July 07, 2022

The partnership enables Axerve’s customers to implement Riskified’s PSD2 Optimize solution, which helped KIKO Milano ensure frictionless checkout for almost 99% of their customers.

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Token.io strengthens its position as market leader, driving exponential growth in Open Banking payments

July 07, 2022

Open Banking payments are going from strength to strength in the UK and Europe as use cases continue to expand, with Open Banking platform Token.io at the heart of developments.

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What are the top fraud & payment challenges for subscriptions?

July 07, 2022

If your business offers subscriptions, chances are you’re thriving. From food boxes to streaming services and digital news, many customers became avid subscribers amid the pandemic. Now, 75% of all consumer brands plan to offer a subscription by 2023. But fraud always follows success. How can you get fraudsters to unsubscribe?

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Linnworks To Simplify Cross Border Payments With Payoneer Partnership

July 01, 2022

Linnworks, a UK-based e-commerce technology company, has today announced a partnership with the global leader in commerce technology and payments Payoneer (NASDAQ: PAYO) to simplify cross-border and B2B transactions for their customers. The partnership will provide retailers with integrated options to receive funds and make payments with competitive currency conversions while creating an increased opportunity for online sellers to expand their marketplace offering.

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Congratulations to MRC’s Newest Global Board Directors!

July 01, 2022

After a close election from a talented pool of qualified candidates chosen by merchant member votes, the MRC is proud to announce the appointment of our newest Global Board Directors as of today, 1 July 2022.

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What Merchants Need to Know about the Visa Compelling Evidence 3.0 Update - A Solution Provider’s Perspective

June 30, 2022

Major card networks are always taking steps to improve their processes, and this includes modifying the rules on how they handle payment disputes from time to time. Visa recently announced that they will be making some big changes to their dispute process that will take effect in April 2023. Let’s look at these changes and discuss how they will affect merchants.

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What You Need to Know About Prompt Bombing: Circumventing 2FA Through Irritation

June 29, 2022

The importance of using Two Factor Authentication (2FA) as an additional security check when accessing an account or service is now well understood. Criminals and fraudsters attempting to compromise accounts know how effective it can be better than anyone.

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Partnering for Progress: Visa’s Historic First-Party Misuse/Friendly Fraud Announcement Webinar

June 28, 2022

The MRC has been working tirelessly with industry partners over the last few years, including card networks like Visa, to reduce the costly problem of first-party misuse, formerly known as friendly fraud. Visa’s recently announced updated dispute rules are a significant step in the right direction.

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