A 2021 U.S. Public Interest Research Group Report stated the CFPB received over 9,000 complaints from April 2017 to April 2021 regarding a pattern of
Transaction Clarity and its Influence on Friendly Fraud A 2021 Business Wire Press Release revealed that for every friendly fraud case that goes uncontested, 50%
Financial institutions typically allocate as few resources as possible to non-revenue generating departments. With regards to fraud and disputes, lack of resource allocation results in
The immense growth seen in the Fintech industry over the past decade has benefited the financial sector. Whether it be traditional banks and their account
When it comes to CFPB (Consumer Financial Protection Bureau) complaints, issuers typically resort to a chargeback-centered approach in response. This method increases losses to fraud,
Introduction The banking industry is losing billions of dollars per year to fraud1. This is compounded by new trends in friendly fraud and increasing costs
The social guidelines around COVID-19 resulted in a significant realignment of consumer behavior. E-commerce and digital platforms are booming during the pandemic, while traditional brick-and-mortar
The COVID-19 pandemic has significantly disrupted our daily lives, both personally and professionally. On a scale from 1 to 10, according to a recent report
By submitting your information, you agree to Quavo’s Terms of Service and Privacy Policy.