
Providing fraud solution
Finish Line, Inc. has decided to renew its fraud prevention services contract with ReD. Under the agreement, the premium retailer of athletic shoes, apparel and accessories will continue to utilize ReD’s real-time fraud prevention service, ReD Shield, for mitigating risk and combating ecommerce fraud.
Al Goizueta, vice president of customer care, Finish Line said: “Payments come in from all over the country so we rely on ReD’s support to keep chargebacks at a minimum and enact new rules to protect us from fraud. The ReD team operates like an extension of our staff, while providing consistency and the assurance that we remain protected in a fast-changing world.”
Kevin Sprake, ReD president, North America, stated, “I attribute our longstanding relationship with Finish Line to our talented team of account managers and risk analysts. They are the heart of our ReD Shield fraud prevention service. The team helps customers optimize ROI by assessing real-time fraud threats, conducting regular reviews and risk assessments as well as offering a range of consultancy services that help customers optimize fraud strategies and procedures. It all means more dollars to their bottom line.”
Related reading
Report: DLT, SWIFT gpi, Ripple and cryptos shape payments
The greatest impact of blockchain on payments is the acceleration of SWIFT gpi, according to Ed Adshead-Grant, general manager of payments, at ... read more
People moves: Token, Mid-Southern Bancorp, Ethereum and more
Token appoints new CTO San Francisco-based open banking platform provider Token appointed Gaurav Kohli as chief technology officer on January 29. As ... read more
Banks’ consumer engagement undergoing “fundamental shift”
The way that consumers are interacting with their banks is undergoing “a fundamental shift” towards digital, but the industry shouldn’t be too ... read more
Instant payments in a flash | podcast
Instant Payments are one of the latest developments in payments.