Fraudology Podcast with Karisse Hendrick
Breaking Down the New Visa Acquirer Monitoring Program (VAMP) Rules
Mar 18, 2025
Dive into the heated reactions surrounding Visa's new Acquirer Monitoring Program, set to shake up the e-commerce world. Discover how the VAMP ratio combines fraud alerts and non-fraud disputes, raising concerns among merchants. Learn about critical changes to chargeback deflection methods that could lead to hefty fines. Gain insights from the Merchant Risk Council conference and understand the potential conflicts of interest with Visa's new tools. This conversation is a must-listen for anyone involved in fraud prevention!
36:07
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Quick takeaways
- The implementation of Visa's Acquirer Monitoring Program (VAMP) introduces rigorous new compliance requirements that could financially burden merchants due to increased fees for non-compliance.
- Visa's lack of transparency and reliance on its own products for managing compliance raises concerns about potential conflicts of interest within the fraud prevention ecosystem.
Deep dives
Importance of Merchant Risk Council Conference
The Merchant Risk Council (MRC) conference significantly impacts fraud fighters in e-commerce, serving as a platform for networking and sharing insights. Since its inception, attendance has expanded from 250 participants to over 2000, illustrating the sector’s growth and awash with discussions that reinforce community ties. Engaging in face-to-face conversations at the event allows merchants to exchange experiences and strategies, emphasizing the sense of camaraderie among those combating fraud. These interactions provide valuable reminders about the challenges and developments in fraud prevention and management.
