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FraudNews
01-26-2015, 04:44 AM
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Watch Out for Friendly Fraud, New Fees: Global Risk Technologies' CIO (http://news.google.com/news/url?sa=t&fd=R&ct2=en_za&usg=AFQjCNHwa_ftNQXpB8-fg1i7lHjc0B2Hhg&clid=c3a7d30bb8a4878e06b80cf16b898331&ei=UtTFVLC8OpD1gAfTiIGQBQ&url=http://www.paymentssource.com/news/interchange/watch-our-for-friendly-fraud-new-fees-global-risk-technologies-cio-3020403-1.html)
PaymentsSource
Friendly fraud is where a consumer makes an online purchase and then contacts their bank to claim that the transaction was not their doing or that the product was not delivered. This results in a chargeback for a retailer and the consumer gets their ...

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