Chargebacks911® Debuts New Chargeback Management Tool for Financial Institutions
Chargebacks are a major source of loss for both merchants and financial institutions. In response, we at Chargebacks911 recently introduced our newest subsidiary, Fi911, to offer first-of-its-kind chargeback mitigation for banks, as reported by Digital Transactions.
Digital Transactions is a news outlet dedicated to serving the informational and analytical needs of the market as it undergoes fundamental transformation due to shifts in technology and consumer behavior. Since 2003, the site has provided critical insight for the day-to-day strategic concerns of businesses operating in the digital market.
Fi911 presents something that no one has yet seen in the payments industry: an effective and adaptable chargeback solution for acquirers. As explained in the post, FI911 provides FIs with more data, filling the gap between the acquirer and merchant.
“Tackling one of the industry’s fastest-growing pain points has been challenging,” says Monica Eaton, Co-Founder of both Chargebacks911 and Fi911. “One of our key goals—facilitated by AI and cloud-based architecture—was and is to provide solutions that work well and ensure sustainable growth while safeguarding the customer experience. Ultimately, the consumers should benefit—and are just as important as driving costs down and providing speed-to-market integrations.”
Check out Fi911.com to learn more about the revolutionary new solutions provided by this innovative brand.
