New AI Tech From Chargebacks911® Featured By FinextraIndustry News Outlet Spotlights New Technology Aimed at Boosting Dispute Resolutions

June 30, 2022 | 2 min read

New AI Tech From Chargebacks911® Featured By Finextra

In a Nutshell

Chargebacks911, the leading dispute technology specialist that powers chargeback remediation for the largest global eCommerce businesses and financial institutions, today celebrates a 3x boost to its automated dispute response platform.

In a recent feature, Finextra took a deep dive into the revolutionary AI-driven resolution platform from Chargebacks911 that has shaken fintech to its foundations. Now the certified global leader in dispute management, Chargebacks911 celebrates the addition of a 3x boost to its remediation technology.

Finextra is the leading independent newswire and information source for the worldwide financial technology community. Finextra covers all significant technology news in wholesale and retail banking, the capital markets, and insurance. Finextra also publishes a wide range of research articles, features, white papers, and case studies.

Adding AI further propels Chargebacks911’s worldwide market advantage as the leading dispute technology platform. As explained in the article, using data from a vast consortium of businesses across several verticals enables the technology to be ‘trained’ to dynamically identify data points related to threats like first-party fraud. This is then enriched to exponentially improve underlying dispute intelligence and insights for merchants.

“We know that chargebacks are out of control, and this can be devastating, especially in today’s desperate economic climate,” says Chargebacks911 COO and Co-Founder Monica Eaton. “However, by further fueling AI's power in digitizing the disputes management process, the heavy lift of data aggregation is optimized, providing insight and flexibility that easily accommodates the changing landscape of chargeback rules and payments.

“Creating a more sustainable ecosystem is about replacing friction with intelligence and applies to all stakeholders - merchants included. This is something to celebrate!”

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