Supervised vs. Unsupervised Anomaly Detection in Fintech and Payment Processing
In the fast-evolving world of Fintech and payment processing, staying ahead of fraud, operational risks, and system failures is not just a priority — it’s a necessity. As financial transactions grow in volume and complexity, anomaly detection becomes a critical tool to ensure security, compliance, and trust. Two primary approaches dominate this space: supervised anomaly…
What is chargeback ? Chargeback history ? Why chargeback and how to prevent it chargeback ?
Chargeback is a term used in the payment industry to describe the process of reversing a credit card transaction, typically initiated by the cardholder through their issuing bank. Chargebacks can occur for a variety of reasons, including fraud, product or service disputes, or billing errors. In a chargeback transaction, the funds from the disputed transaction…
