PayShield

12/10/2021

Still unsure about 3D Secure? What does version 2 offer and why you should consider upgrading? Learn more in our latest blog:

December 9, 2021 Posted by: arm Category: Blog No Comments In this blog post, we discuss 3D Secure authentication, the latest version of the protocol, and why it’s a powerful fraud prevention tool for online businesses. eCommerce fraud continues to rise globally, with losses expected to surpass $2...

09/13/2021

Demand is growing for near-real-time technologies that facilitate better transaction data sharing between merchants and financial institutions.

Not only does greater transaction clarity improve the customer experience, but it can also reduce chargebacks that result from friendly fraud. Access to enhanced transaction details empowers cardholders to recognise transactions immediately, minimising disputes that arise from transaction confusion.

Better design in the post-transaction experience, emphasizing clarity and rich visual cues, can reduce friendly fraud resulting from transaction confusion and improve customer experiences.

07/12/2021

"Fraudulent chargebacks alone are estimated to cost businesses roughly $40 billion per year. That number is expected to rise dramatically over the next few years."

Make it a priority to ensure your business is equipped to detect and prevent CNP fraud.

Not sure where to start? We offer powerful dispute management solutions that provide immediate chargeback reduction, prevent disputes and stop revenue loss.

Learn what card not present fraud is, how you can detect it, and how to prevent it from harming your e-commerce store.

05/23/2021

Worldpay & Forrester's recent Global Payment Risk Survey found 9 in 10 merchants lost revenue to payment fraud in 2020, with more than half reporting higher chargeback rates than ever before.

What is your chargeback and dispute management strategy? For eCommerce merchants, the right solution bolstered by the right technologies can make a BIG difference to bottom-lines.

Read the report: https://offers.worldpayglobal.com/global-payment-risk.html?utm_source=SM&utm_medium=PT&utm_medium1=LI&utm_campaign=PSENT&utm_content=WP

05/10/2021

CEO and Co-Founder Daryn Griggs shares PayShield's startup story and Denver expansion plans as part of the Denver Economic Development & Opportunity program. Watch here:

This is "Daryn Griggs DEDO GLP Spring 2021" by Shadow Play Films on Vimeo, the home for high quality videos and the people who love them.

04/18/2021

According to new research from PayPal/ Ponemon Institute are reportedly loosing an average of $4.5 million annually to online fraudulent transactions and say and heightened has both increased vulnerabilities and significantly challenged their competency to mitigate .

Despite these losses, only 51% percent of respondents say their organisations make online transaction protection a priority, citing ability to keep pace with the increasing sophistication of , lack of in-house expertise and, absence of the 'right' technologies as the top three challenges they face in their fight against .

Read more:

Online fraud is an increasing risk for businesses and organizations. Read our report for insights about the true cost of online fraud and how to avoid it.

04/05/2021

We are proud to be accepted into the Denver Economic Development & Opportunity Global Landing Program which will accelerate our entry into the US market.

Global Landing Pad program welcomes 16 firms for seven weeks to learn about entering the Denver Market.

04/05/2021

We’re proud to announce our new technology partnership with DirectID and are excited by the opportunity it brings to offer enhanced account verification and stronger solutions to our customers.

03/25/2021

We're excited to announce our reseller partnership with eDefenders, a Japan-based company.

The new partnership supports an increasing demand for rule-based automation and AI-driven fraud detection solutions from the Japanese market and seeks to deliver greater value and more localised services for Japanese customers.

eDefenders bring a wealth of experience and credibility to our reseller network and we look forward to exploring opportunities and furthering our expansion in the APAC region.

Read more:

March 22, 2021 Posted by: adminpayshield Category: Press & Media No Comments PayShield Expands APAC Growth with eDefenders Japan Partnership The partnership supports increasing demand for fraud mitigation & chargeback management products and services in Japan. [Brisbane, Australia – March 22, 2021...

03/16/2021

Recent findings by Aite Group estimate losses to Identity theft will climb to $720 billion in 2021 up from around $503 billion in 2019.

It's stats like this one, that highlight the increasing and very real threat Account Takeover presents to online businesses.

Without specific Account Takeover protection, merchants are at significant risk of:
🔴 Revenue loss
🔴 Reputational damage
🔴 Low customer retention
🔴 Increased operational costs

PayShield’s Account Takeover (ATO) solution uses to stop fraudsters from using valid login credentials. The solution uses digital identity and digital footprints to determine the risk of each login in real-time and compares this with previous valid account activity. All with minimal friction and impact on genuine users.

To learn more about our ATO solution and how it can help safeguard your business and ensure protection of your customers data, send us a message.

In U.S. Identity Theft: The Stark Reality ($), Boston-based consultancy Aite Group calculated that losses stemming from identity theft grew from around $503 billion in 2019 to more than $712 billion last year.