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☆ Friendly Credit Card Fraud: Consumer Chargebacks Hurt Businesses
▼ + stars: | 2024-06-10 | by ( Emily Stewart | ) www.businessinsider.com time to read: +10 min

Annoyed, mostly at myself but also a little bit at the seller, I had a sinister thought: What if I file a dispute with my credit-card company? AdvertisementA credit-card charge-back happens when a consumer sees something they don't like or recognize on their statement and asks the bank to look into it. Much of that is friendly fraud: The report cited a statistic from the data-analytics company Datos Intelligence that 75% of all the fraud digital businesses see is first-party fraud. Your order arrived and you claim it didn't: fraud. I've never disputed a purchase before, and my credit-card company would like to keep me happy.

Persons: —, I'd, Oscar Bello, wasn't, Domenic Cirone, Robert Painter, Kevin, they've, what's, Bello, I've, Emily Stewart Organizations: Equifax, Mastercard, Datos Intelligence, Citi, Chargeback, Mmm, Business Locations: Ethoca, New Orleans

☆ Fortnite players can claim funds in Epic Games settlement
▼ + stars: | 2023-09-19 | by ( Clare Duffy | ) edition.cnn.com time to read: +3 min

New York CNN —Millions of Fortnite users can now claim their small part of the $245 million that the game’s parent company agreed to pay as part of a settlement with the US Federal Trade Commission. In a second and separate settlement, Epic also agreed to pay $245 million as refunds to consumers who were allegedly harmed by user-interface design choices that the FTC claimed were deceptive. The FTC is now notifying users who may be eligible to receive part of that $245 million settlement fund. Affected users may receive an email from the FTC over the next month with a claim number, or they can go directly to the settlement site and file a claim using their Epic account ID. Users have until January 17, 2024, to submit a claim to be included in the settlement class.

Persons: “, ” Organizations: New, New York CNN, US Federal Trade Commission, Epic Games, FTC Locations: New York

☆ What to do if your flight gets canceled: 'Use every tool in the toolbox,' says travel expert
▼ + stars: | 2023-09-07 | by ( Celia Fernandez | ) www.cnbc.com time to read: +5 min

Experts share the steps to take if your flight is canceled or delayed. When you travel via airplane, you run the risk of your flight being canceled or delayed and throwing a serious wrench in your plans. On Tuesday, United Airlines flights were grounded for more than an hour after the carrier experienced computer issues, the Federal Administration said. What to do if your flight is canceledThe first thing you should do when you find out your flight is canceled is contact the airline. That way, if your flight gets canceled, you can see if they are willing to book you on a competitor carrier.

Persons: It's, Tomasz Pawliszyn, AirHelp, Clint Henderson, Guy, Henderson, Martin, it's, Pawliszyn Organizations: United Airlines, Federal Administration, CNBC, U.S . Department of Transportation's, Delta Air Lines, American Airlines, Pawliszyn, Istock, Getty

☆ E-commerce experts say these 4 checkout mistakes may hurt your business' bottom line
▼ + stars: | 2023-07-10 | by ( Sponsor Post | Created Insider Studios With Paypal | ) www.businessinsider.com time to read: +9 min

But many customers still witness challenges during and after checkout, including false declines and fraud. Below are four common checkout mistakes that enterprise e-commerce businesses make and how to avoid them. If those thresholds are too conservative, they can lead to false declines; if they're too liberal, they become more vulnerable to fraud. E-commerce merchants lost an estimated $11.1 billion in false declines last year. The machine learning models can distinguish between legitimate and fraudulent transactions to reduce false declines.

Persons: they're, Cindy Turner, Turner, Chargebacks, PayPal Braintree6, Experian, Cartes Organizations: Enterprise, PayPal, PayPal Braintree, Merchants, Insider Studios, Accounting, Deloitte, Novarica, Naked, LexisNexis, DE Locations: PayPal Braintree, Risk, chargebacks, . CA

☆ ‘Fortnite’ maker Epic Games to pay $520 million in record-breaking FTC settlement
▼ + stars: | 2022-12-19 | by ( Brian Fung | ) edition.cnn.com time to read: +5 min

In a second and separate settlement, Epic will pay $245 million as refunds to consumers who were allegedly harmed by user-interface design choices the FTC claimed were deceptive. That agreement is the largest administrative order in FTC history, the FTC added. The FTC’s complaint and proposed settlement dealing with children’s privacy was filed in the US District Court for the Eastern District of North Carolina. In its blog post, Epic said it has agreed with the FTC to implement a feature that explicitly asks Fortnite users whether to save their payment information for future use. The FTC said that as part of its children’s privacy settlement, Epic may no longer enable text and voice chat by default for teenage Fortnite players or those under the age of 13.

Most credit cards earn at least 1% back on everyday purchases — and you can often earn much more. Since your credit card isn't directly linked to your checking or savings account, nobody can get quick access to your money. Travel insurance benefitsThe best travel rewards credit cards earn a lot of points when you buy flights, hotels, or rental cars. Even credit cards with no annual fee often earn at least 1.5% to 2% cash back, and premium travel credit cards often earn far more. Frequently asked questions about paying with a credit cardShould I keep paying with a credit card to earn rewards if I already have credit card debt?

Persons: You've, Read, they've, that's, Taylor Swift, It's

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