Real-time payments adoption has become widespread, and as a result, financial services companies need to be better equipped to overcome any operational challenges that may come up. Check out this
DISPUTES & CHARGEBACKS IN THE NEW NORMAL
Did you know that dispute volumes are forecasted to reach 33.4 million in the United States by 2022? In this webinar, we explain the current dispute landscape, including the implications from the COVID-19 crisis. For example, dispute volumes are surging to historic levels as consumers try to recover funds paid to airlines, entertainment, lodging, transportation, and travel services. Some industry sectors are experiencing dispute rates in the range of 20%, which is far beyond the average level of four to five basis points.
Although the spike being caused by COVID-19 is abnormal, it reinforces the importance of agility and the ability to react not just during a crisis, but ongoing. This session highlights the primary trends that make dispute management an essential focus area for both issuers and acquirers. The session also provides insights for an effective dispute management strategy and a strong technology foundation.
“Efficient and scalable payment operations play a critical role in the success of financial services companies that process payments. However, with the growing demand for faster payments, financial services companies
Pioneers In Payments is a video series produced by BHMI that seeks to provide payments professionals with valuable insights and advice via recorded interviews with payments industry experts. In this