Industry Insights

May 7th, 2018 - Andrew Reszka, Regional Head APAC, Verifi In Australia, NSW Transport recently announced that all commuters on public transport can “tap on” for single trips using their credit cards, phones, tablets, and smart watches, rather than using the existing payment method – Opal cards. Similar initiatives are also underway in Melbourne and Brisbane. This growing momentum... [Read More...]

April 24th, 2018 - By Glenn Baker With online shopping growing exponentially, Card Not Present (CNP) and tap-and-go style payments have become hugely popular. While these changes are welcomed in the market, they’ve led to a dramatic increase in fraud for merchants. “Failing to update to technologies that deal with new payment types only mean greater cost implications for... [Read More...]

April 23rd, 2018 - Andrew Reszka, Regional Head APAC, Verifi If you use a credit card and notice an error on your bill or didn’t receive merchandise purchased online, you have the ability to contest it with a chargeback. You can choose to address that issue either with the merchant or with the card issuer. Furthermore, Australian consumers are... [Read More...]

April 20th, 2018 - Key Investment in Reseller Channel to Support Partners and Drive Growth LOS ANGELES, CA – April 18, 2018 – Verifi, Inc., a leading provider of payment and risk management solutions for POS and card-not-present merchants, today announced the launch of its Authorized Reseller Program. Through the program, Verifi will expand its investment in its channel partner network to... [Read More...]

April 11th, 2018 - Andrew Reszka, ANZ Market Lead, Verifi The Australian market has never been short of innovative thinking when it comes to payments. Earlier this year the New Payments Platform (NPP), spearheaded by the majority of Australia’s major banks, was introduced to help improve the way in which payments are made. The platform essentially enables real-time payments between institutions,... [Read More...]

March 13th, 2018 - The launch of Visa Claims Resolution (VCR) is quickly approaching. Although it has been tested on a limited scale in New Zealand since October 2017, the new dispute resolution process will now expand and take effect globally in April 2018, and it’s important to understand how Visa is redefining dispute resolution and what it means... [Read More...]

March 9th, 2018 - With greater vigilance and intelligent solutions, businesses can fight ecommerce fraud and win. By Matthew Katz US retail goliath Amazon launched in Australia in December and the effect was immediate. In the lead-up to the Christmas period, more consumers began to demand convenience, value, and choice, with a higher proportion looking to online shopping to... [Read More...]

March 9th, 2018 - Verifi’s Twelve-Year Commitment Toward Public Service Is Celebrated Verifi, Inc. (“Verifi”), the leading provider of payment and risk management solutions for card-not-present merchants, is proud to announce that Hope Street Family Center recently recognized Verifi Chairman and CEO, Matthew Katz for his long-term philanthropic leadership. The Hope Street Family Center is a community program of... [Read More...]

February 26th, 2018 - Strong customer relationships are the backbone of any business. When your customers are happier and satisfied, they are likely to return for more purchases, share social media and word-of-mouth recommendations, and be more tolerant of merchant errors. Yes, a happy customer is more likely to accept or understand merchant errors or missteps. The key, however,... [Read More...]

February 16th, 2018 - Verifi has launched into the Australian and New Zealand markets, citing the region’s strong rates of fintech adoption and increase in Card Not Present (CNP) fraud key drivers behind the decision. “The Australian and New Zealand payments landscape is shifting,” said Verifi founder and CEO Matthew Katz. “With online spending growing five times faster than... [Read More...]