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Best University in the UK: Why Newcastle University Ranks on Top

Sam Allcock
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0
Best University in the UK: Why Newcastle University Ranks on Top

Attending university is still the surest pathway to a higher annual income and more employment opportunities. Moreover, it is how many of tomorrow’s leaders, industry managers, creatives, and business developers forge new connections that continue well into their professional careers.

“There are many options in the UK for continuing your higher education, but none is quite like Newcastle University. This world-class institution has been feeding the international economy with some of the brightest minds ever since its founding in 1834. Between its rich, research-based fields of study and incredible networking opportunities, it is no surprise that many consider it to be the best university in the UK,” says Jonathan Sabarre, Newcastle University’s marketing director.

Newcastle University is a proud member of the top 150 universities in the world, with specific fields being consistently ranked in the UK top 10. An education at this institution is so rewarding because of the student support and the faculty, who are highly accomplished scholars and international experts in their own right.

“When looking for the best university in the UK, you have to consider the global appeal of where you will be located. While the dynamic region of Newcastle is undoubtedly beautiful and enticing to many prospective students, the university focuses on an inclusive strategy,” adds Sabarre. It is frequently cited for global outreach due in part to its international relations foundation. More than 20% of its student body comes from over 115 countries, and the university holds prestigious partnerships with institutions and multinational companies around the globe. This is why Newcastle University frequently ranks high as one of the Times Top 100 Employers.

At locations in Newcastle, Malaysia, and Singapore, students are continually exposed to the next generation of leaders and decision-makers who will take us into the next decade. This creates a unique networking opportunity to develop strong working, personal, and community relationships with their peers, university staff, alumni organizations, and professors.

Newcastle offers a certain level of prestige and reputation to its graduates that goes beyond the research-based education. It is routinely considered the best university in the UK because your degree is just as valuable for the human connections you develop as for the education you receive.

At Newcastle University, students get the rare opportunity to study at the forefront of new discoveries. All the programs are research-intensive, with over 200 undergraduate and 300 postgraduate degrees to choose from in an array of award-winning departments. This historical juggernaut hosts over 65 sports clubs, 160 societies, a rich culture with museums and the arts, and continual reinvestment in the local economy that offers students new opportunities to grow and develop into thought leaders.

Newcastle University is a world-leading institution that uses advanced knowledge and creative solutions to solve global problems. Its agile response to the worldwide pandemic and ability to shift education into the online realm made that abundantly clear. Not only has the university survived this challenging time, but it has thrived, with more engagement from prospective students than ever before thanks to its adaptability.

If you would like to learn more about your future as a student at the best university in the UK, check out the website at https://www.ncl.ac.uk/. Newcastle University has many enriching opportunities for students, academics, and business leaders who are looking to fill in those missing gaps in their company workforce. 

Education is the silver bullet for improving our society, and Newcastle University offers substantial resources for the benefit of the world—a sentiment best represented by their motto: “I look ahead.” Newcastle ranks as the best university in the UK for countless students and should be considered as one of the top choices for anyone continuing their higher education path in the UK and beyond.

How to use RTP in games to your advantage

Sam Allcock
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0
How to use RTP in games to your advantage

In online casinos, the creation of the products, such as slots and games, is based on many technological aspects, one of which is “Return to Player” (RTP).

Each game is given an RTP shown as a percentage and relates to the amount an online slot game should pay you back theoretically for each £100 you bet – try Lady Godiva Slot.

Most games have an RTP of 95% to 98%. It implies that if a slot has an RTP of 98 per cent, you should receive £98 back for every £100 you bet. Let’s look at how you may benefit from the RTP of slot games. 

Casino Slots RTP explained.

RTP is an acronym for Return to Player Percentage, which is the amount of money a player may anticipate earning while playing online slots. How is the total determined? Of course, you’d want to know. It is computed as a ratio or percentage depending on a player’s incentives when they win a slot machine. 

RTP is a formula that estimates the probability of winning at a particular online slot derived from previous slot winnings. RTP is a statistical metric that gives the gambler a house edge to determine which slots to visit. Gambling is a high-risk activity, therefore taking measured risks is critical. 

Learning which online slots to choose will enable you to make a better-informed choice when selecting a slot. If you live in the UK, you may choose to play on a site that offers a real cash casino which means you must have a great deal of confidence in your ability to win.

What to Consider Before Playing

Most online casinos allow you to check the RTP % before starting a new game. Slots scoring over 94% payout will improve your chances of winning. A novice would pick something safe before taking greater risks. 

Several interesting online casinos with high RTPs give the player an experience and a chance to win. This function also benefits experienced gamblers who’ve been playing without regard for RTP. 

Knowing RTP percentages also reduces the danger of irresponsible gaming and enables players to spend their money sensibly. Gambling and addiction are significant issues, especially in online gaming. 

Does The RTP Make A Difference In Practice?

A slot RTP is quite important for frequent casino players who spend a lot of money playing. If you are a casual slot player, the excitement of the game should be enough, even if you lost a few dollars. 

RTP offers frequent slot players a better chance of obtaining more value for their money. While RNGs provide a fair chance of winning on every spin, RTP guarantees that the device is designed to pay out a proportion of all wagered money, whether to you or some other player. 

Whether in a real casino or an online casino, RTP allows slot game players to recoup their losses. When you grasp how RTP works, the odds of your money returning to you in the form of winnings increase; the house will still have an edge in whatever type of gambling. 

How to Find the Games that Pay the Most Money

Sam Allcock
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0
How to Find the Games that Pay the Most Money

It is not difficult to find generous slots knowing a simple set of rules that must be applied while selecting a slots UK game. To crack open a slot code, you must follow predefined selection criteria. So, you have a clear idea of what to look for and where to look for. To identify the machines that pay the most, you need to examine the four most important aspects mentioned below thoroughly. Of course, it will take time though it is impossible to break a big win without preparation. 

The Slot Provider

If you want to play and win, then it is essential to choose licensed games from top slot providers such as Microgaming, NetEnt, Elk Studios, and BetSoft. Machines from these providers are thoroughly tested and certified and can only be found in licensed and authentic online casinos. Therefore, finding the right place and slot machine is essential before trying it and playing for real money.

Unlicensed machines are not tested for RNG, and they can be tweaked to produce predefined results. This means that the casino operator can independently regulate the random generator of such games, and the slot machine that was paying hundreds of seconds ago might suddenly start eating up your bankroll.

The RTPs

Each slot has a parameter that we call the return percentage or RTP. It’s a value that defines the profitability of a slot machine. You can specify this parameter either by yourself (a pretty long process) or see the table of RTP provided by the slot producer.

Each slot machine has its percentage of recoil. There are slots where the return percentage is more than 90%, there are slot machines where the return percentage is more than 95%, and in some, it even reaches 98%. For example, if the slot has a return percentage of 95%, the casino owner will receive 5% of all the money lost by the users, 95% will go to win other people. The higher this parameter in the game, the higher the return percentage and thus higher the profitability.

Volatility and Variance

Variance, or Volatility, are closely related concepts and tell us about the likelihood of how the slot will pay out money. As you can imagine, the Variance and Volatility are very similar as they both tell us about how often the slot will trigger a payout. However, Variance tells us the payout frequency in terms of total bets made, while Volatility is the winning frequency in terms of time or spins. In simple words, Variance is the risk factor, meaning that how much money one should risk triggering a payout. In comparison, Volatility is the value of time consumption, meaning for how long should one play a slot to produce a payout. A highly volatile slot will produce payouts faster, but the size of those payouts will be smaller than that of a low volatility slot that will produce payouts at a slow rate. 

Hit Rate

Another term that is often used in the context of the payback of slot machines is the Win Rate or Hit Rate. Winning frequency has a very similar meaning to slot variance, as it shows how often you can expect a winning score in a slot machine. In other words, the hit frequency is the probability (in percentage) that the slot machine will give you a win on any number of the spins you make. It is important to note that, unlike Volatility, the Hit Rate does not tell you anything about how big the winnings will be but only about how often they will come.

Ending Thoughts on Finding a Profitable Slot

Finding a profitable slot isn’t that hard if you know what to look for. An optimum slot will have an RTP percentage of 97% or above and medium Volatility and high Variance. Meaning that you’ll have the probability of scoring big wins due to the high Variance and lower Volatility, and of course, the higher RTP will guarantee that you get the best value for your money.

Be a Part of the Crypto Profit-Generation System with the Pattern Trader App

Sam Allcock
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0
Be a Part of the Crypto Profit-Generation System with the Pattern Trader App

The world has not still got over the effects of the devastating pandemic, and people are facing uncertainty. The job market is likewise in turmoil, with companies laying off workers regularly. To pay their bills, many people are forced use up their life savings.

Isn’t it helpful to have an additional source of earning during a financial and public health crisis of this magnitude? This is where Pattern Trader can provide you with that additional income. Cryptocurrencies are called the “Future of Money” because they have the potential of making average investors rich.

Creating an account with the Pattern Trader bot is simple, and it accelerates your profit-making endeavours. By using this trading app, you may can significantly boost your earnings by trading in the rapidly changing crypto market.

More Insights into the Pattern Trader App

The Pattern Trader is a crypto trading platform that implements cutting-edge technology to produce accurate market projections and guide users through winning transactions. With a high success rate, this trading app offers high accuracy than most apps on the market.

You will be able to generate substantial earnings without sweating it out thanks to the Pattern Trader app. The app analyses and explores the market before sending trading signals, allowing users to trade at the optimal time and profit significantly. Because of this app’s correct projections, many users more than doubled their money.

For new users, Pattern Trader has proved to be an excellent app. It will allow investors to hone their trading skills before moving on to actual trading. The best part is that the app will do all the trading on your behalf using its automated feature. All you need to do now is specify your choices and requirements.

The Working Methodology of Pattern Trader

Artificial intelligence powers the Pattern Trader software, which enables it to stay 0.01 seconds faster than other apps. The software reviews hundreds of crypto websites in a few seconds and gives you signals for price swings to make a huge profit.

If you pick the automatic option, the programme will handle all of your transactions for you, which will save you a lot of time. The Pattern Trader software will buy cryptocurrencies from various websites that offer them for a lower price, then look for portals that sell them for a higher price. As a result, the app will make you a significant amount of money in a few minutes.

The Benefits of the Pattern Trader App

Fast and Accurate

The Pattern Trader app, as previously indicated, has a competitive advantage over other trading apps. It means you may make a lot of money by trading ahead of the price of cryptocurrency changes. Even in the volatile crypto market, the app is quite accurate and minimises your risks to help you generate consistently high income.

High Earning Potential

You can have endless earning potential using the Pattern Trader app, and there are no time limitations on trading. You have a plethora of options for making additional income. Even if you are asleep, the app will continue to run in the background.

Generate Income Anytime and from Anywhere

If you have a steady internet connection, you can trade using the Pattern Trader app, whether you are at home, at work, or on your porch. All you need to do is sign in and turn on the app, and it begins trading automatically.

Easy Signup Process

To register for the Pattern Trader app, simply fill an online form by entering your basic information. It shows that the signup process is simple and quick. After filling the form and making a £250 deposit, your account will get authorised after a verification process.

The Option of Automated Trading

The app can trade using its automated trading feature after monitoring the market. The Pattern Trader app is a trading tool that uses artificial intelligence to spot the most profitable trading opportunities and implements them in minutes. It allows you to earn a significant amount of money while minimising your investment risk.

Simple User Interface

The Pattern Trader app has a simple design that makes it easy to use. Whether you are a beginner or experienced trader, the convenient design of the interface makes it easy to use.

Closing Words

Using the Pattern Trader app to trade is an effective way to boost your income. The app can help you generate steady income whether you are a working professional or a stay-at-home parent.

5 Project Ideas for Your CNC Machine

Sam Allcock
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0
5 Project Ideas for Your CNC Machine

CNC (computer numerically controlled) machines are now becoming much more affordable for the average home user. CNC routers allow you to control the machine using your computer and software. CNC mills take this one step further by allowing you to replace manual tooling with mill bits, so the CNC machine can do anything a CNC router can do.

This newly fangled high precision computer-controlled manufacturing technique are basically electro mechanical devices that have the ability to manipulate various tools with high precision per instruction from a software. CNC routers and CNC mills are a lot of fun to build, operate, and use. CNC shops can do things that would be nearly impossible for a human to do. CNC machines take the drudgery out of machining.

Read on! In this article we will talk about 5 project ideas you can try with a CNC machine.

  1. Customize Weapons

CNC machines can do some pretty amazing things. CNC machine shops are adding CNC milling capabilities to their CNC routers so they can create CNC milled items without having to buy a second machine. These days, you can build or modify almost anything with the right tools, including weapons.

 If you are a licensed gun holder, CNC controlled devices are the perfect solution to customizing your arm piece. CNC routers and CNC mills can craft gun parts out of aluminum, brass, steel, and other metals.

  1. Jewellery

CNC shops use CNC routers to make custom jewelry for an affordable price without sacrificing quality. CNC milling metal is the quickest way to embellish your pieces with  intricate patterns and designs giving them that sophisticated, polished finish. You can make rings, bracelets, pendants, and more. CNC shops can create custom pieces for you or you can design your own pieces with CNC software to get exactly what you want.

  1. Replicas

With CNC machining software, CNC’s are capable of cutting out any shape imaginable. It is perfect for making replicas of any object. CNC shops are capable of creating machined parts that fit cnc aluminum machining to design and produce identical pieces to your heart’s content. CNC shops can make pieces for anything, whether it be a specific watch or vintage ring. CNC machining is the go-to solution for when you need duplicates.

  1. Engraving Items

If you’ve ever seen a couple with matching wedding bands with some sort of inscribed message on them, then you are already looking at CNC technology.  CNC shops are able to engrave the surface of almost anything imaginable.  CNC can work wonders, whether it be a heartfelt message for your loved one or just a symbol that you love.

  1. Toys

The high precision ability of CNC machines can be applied to make toys like yo-yos and kendamas. Most CNC shops that focus on these types of toys are manufacturers, which means they can make them in bulk and sell them for a cheaper price than other retailers. If you want to get your kids something cool and interesting for their birthday, consider visiting a CNC shop for custom pieces.

Take Away

Just about anything can be done with the right shop.  Just remember to check with your supplier in advance in order to work out what is possible. Cnc machining shops have all sorts of different capabilities, so it’s important to find a professional service before getting started.

5 factors that affect your car loan costs

Sam Allcock
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0
5 factors that affect your car loan costs

Getting a car or van on finance is a great way to spread the cost of your next vehicle into affordable monthly payments. Getting approved for finance can be really exciting but what if you don’t get the offered loan that you thought you would? There are a few factors that affect your car or van loan. Your loan repayments will be broken down into monthly payments with added interest. Having a higher interest rate will increase the amount of money you pay back overall. Let’s take a deeper look into which factors can increase your loan repayments and how to avoid them.

1.    Credit score

Before getting approved for finance, many lenders will perform a credit check. A credit check helps lenders to see where you fall on the credit scale and your history of borrowing. If you’ve had trouble in the past meeting your repayment deadlines lenders tend to see you as more of a risk. This can increase the interest rate offered to reduce the risk to the lender. If you can, you can spend a few months repairing your credit score before you start applying for finance, you may be able to help reduce the monthly payments. In your financial life, having a better credit score can be beneficial. You can also benefit from higher credit limits, competitive interest rates and it’s easier to get accepted for loans or credit.

2.    Deposit contribution

Many lenders will require a deposit contribution when applying for car finance and some lenders will want at least a 10% deposit for the car you want. For many people, it may seem counterintuitive to save up for a deposit for a car loan but having a larger deposit can be really beneficial. It means that you don’t have to borrow as much from a lender and reduce the amount that you need to pay back. Taking out a smaller loan is less of a risk to the lender so you can also benefit from lower interest rates. Even having a few hundred pounds for a deposit is better than no deposit and can increase your chances of getting approved for a car loan or finance.

3.    Type of car finance agreement

There are a few finance agreements which tend to be the most popular in the UK. Hire Purchase and Personal Contract Purchase deals can both have different monthly payments on the same car, but it depends on what you want from your car finance deal. A Hire Purchase deal is secured against the car, and you spread the whole cost of the car into monthly payments, because of this monthly payment stend to be higher than other options. However, once the final payment has been made, you become the automatic owner of the car and there are no payments to be made. With Personal Contract Purchase, monthly payments tend to be lower as you are only paying off part of the value of the car. At the end of the agreement, you then have 3 choices, you can hand the car back to the dealer and walk away, pay the ‘balloon payment’ and keep the car or use the resale value of the car on a different car.

4.    Check your eligibility first

Making multiple applications for a car loan in a short space of time can have a negative impact on your credit score. However, the make sure you get the best deal possible. It is recommended that you shop around for the best offer. You could consider using a car loan calculator before you apply for finance. You can set your monthly budget, the duration of your loan and what your current credit rating is and then have access to how much you would likely be able to borrow.

5.    Loan duration

Most car finance agreements are spread across 1-5 years. Opting for a shorter loan term can increase your monthly payment price but you will pay off your loan quicker. Opting for a longer term can decrease the amount you pay each much but it also means you will pay interest for a longer time; this can mean you will pay more overall. If you opt for a longer term, you may also be offered a higher interest rate initially. 

Buying top totes and bags: 2021 must haves

Sam Allcock
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Buying top totes and bags: 2021 must haves

Everybody knows that totes and bags are a must in women’s outfits. Designers of Haute Couture create new collections, defining trends. Fashion lovers who follow launches of remarkable and recognized brands are going to find interesting information about new arrivals for this season.

Recently launched Fall-Winter season 2021-2022, luxury brands showed that despite coronavirus fashion industry never stopped. With all the carefulness needed due to sanitary context, the last fashion week was a virtual presentation, that is prescribing tendencies.

As long as societies changes, outfits tendencies do. That’s why designers and the fashion industry gave to the people the happiness and enjoyment of coming back, offering renewal, changes, and style. Now is the time to open again your closet and go out to the world looking good, by wearing the best clothes and accessories options.

About this Valentino Garavani Fall-Winter collection

Valentino Garavani’s new women’s totes bags are a revelation – chic, stylish and a must have, while maintaining the typically sophisticated style of this Maison.  

Valentino Garavani Rockstud Alcove collection is inspired to discover and explore a sensual mood. Biochromatic purses that match the perfect colors with the appeal of the shiny metallic logo of this brand, create a different way of using designer women’s purses.

The collection includes classic colors like white, black, and red, even animal print with different gold shiny patterns, using clutches, baguettes, leather, and boxes purses models. Without being far from their classic women handbags, the new arrivals show a mixture of traditional and contemporary styles, offering a unique fashion statement.  

Must haves and ways to use them

The new fall-winter 2021-22 season defines tendencies about must haves. As a matter of bags, classic models like leather and its version of the box are a must, also clutches and baguettes. A good way to use them is to match a neutral-color outfit with a different color bag because all your outfit and especially your purse are going to highlight. This recommendation applies to clothes with any kind of print.

Another suggestion is matching your bag with the shoes, which will focus the attention on the details of the Rockstud Alcove collection from Valentino Garavani, which includes sophisticated stilettos. According to your choice try to choose the same or similar colors in your outfit. 

If you wear a street style outfit a good match is a leather bag or a baguette purse. Don’t forget about tones, prints, and shoes. It is common to wear shirts or skirts with print in a casual outfit, and sneakers, this is a style for daily comfort. Try to choose a bag with a different color from the rest clothes and accessories, that will make your routine outfit chic.

Classic style is more often used in professional contexts. Here is accurate to use classic or box leather bag because those models are going to be practice and sophisticated. Try to match the color handbag with the tones of your outfit. This advice works with the new season purses and others from the last collections of this luxury brand because their products are always full of elegance and class.

On special occasions or events that require a high dress code, clutches are always the best option because you won’t need to carry with them and in those events the clutches size enough to bring the stuff you will need like makeup, mobile, and wallet. You can dress using just one color or wear different colors from your bag, in both cases the tote is going to be noticed and you are going to be one of the best dressed there.   

Are last collections old fashioned?

No. A recent fashion trend is about using in different occasions the same accessories, giving them vitality and renewal.  Accessories like bags are never old-fashioned because this accessory is a must in all outfits: casual, classic, luxury, each one needs the perfect match with the appropriate bag. Your collection of purses, totes, and bags are necessary and always fresh to look stylish, just give them a chance and try to explore different ways to wear them.

It seems weird to use designer purses daily but is possible. New fashion statements are demonstrating that the important matter is to look stylish on each occasion.   

Valentino Garavani bags are by themselves modern, useful, and chic. Don’t forget to include in your wardrobe shoulder bags, top handle bags, totes, mini-bags, and clutches because if you have more options you are going to be able to make the best outfit choices; classy, trendy, and stylish.

Also, don’t lose the opportunity to enjoy the new Alcove collection: it’s the best decision for being fashionable this season!

Forex Trading Philippines: How to Choose a Broker?

Sam Allcock
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0
Forex Trading Philippines: How to Choose a Broker?

The Philippines is one of the countries where Forex trading attracts much interest among those who seek additional income. That is why we decided to provide tips on how to find the best broker on the local market.

Here are the details we recommend you focus on:

·   Legal issues. The first thing to check is a license. Never trust your money to companies in conflict with the law. Make sure the broker chosen operates within the rules established by the Bangko Sentral ng Pilipinas ― the authority that controls Forex trading Philippines.

·   Feedback. That sounds obvious, but many novice traders skip this stage trying to save time. Yet, other users’ reviews are an easy-to-access source of objective information on the broker’s policy, practices, and reliability.

·   A selection of trading options. Namely, it is advisable to check whether a platform offers copy trading and automated trading functions.

·   Research and educational materials. Every new trade requires thorough and deep research. Trading is all about analysis and calculations.

·   Minimal deposit limits. It may vary from $0 to $100 and higher, so take into account your initial capital.

·   Commissions. Some companies provide deposits and withdrawals for free, but others ― charge fees for all transactions.

·   A demo account. Use it to test whether the service operates without interruptions and bugs.

Every trader has his own expectations concerning a broker. However, above, we have mentioned universal choice factors that will definitely come in handy for you. If you want to know the exact names of the platforms, which are safe to try, have a look at eToro, Interactive Brokers, FxPro, Admiral Markets, AvaTrade. All of them work with Philippines residents, offer comfortable terms of use, and provide a full range of trading services one may need.

How to Find a Broker Malaysia: Quick Guidelines

Sam Allcock
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0
How to Find a Broker Malaysia: Quick Guidelines

Malaysia is the country where Forex trading is fully legalized and even encouraged by the government. That is why more and more local residents are interested in reliable brokers they can turn to.

How to Choose a Forex Broker in Malaysia?

1. A license. In this country, such companies are monitored by the Securities Commission Malaysia or the Labuan Financial Services Authority. Before registering on any platform, make sure the broker Malaysia chosen has a license from one of these authorities.

2. The reputation of the company. Do a search on the Web and see whether there were any security problems or other negative incidents. Also, reading other traders’ reviews will help ― you will get a clear idea of whether their website operates properly, whether they charge any hidden commissions, whether their support service is easy to access, and whether there are any delays in withdrawals and other procedures.

3. A demo account. Never transfer real money to a broker before you check its services via a demo account.

4. Passive trading. Both beginners and experienced traders can take advantage of copy trading and similar features and try earning at minimum time expense or even in a passive or automated mode.

5.    Educational materials, researches, forecasts. A trader cannot cope without such informational support.

So, what is the best Forex brokerage company? Obviously, there is no universal answer ― so many traders, so many minds. Your choice will depend on your personal needs, available funds, strategies chosen. Still, we would like to name a few platforms, which will be a good variant both for beginners and for experienced traders. These are eToro, FxPro, AvaTrade. All of them offer reasonable minimum deposit limits from $50 to $100, copy trading features, demo accounts, and a good selection of educational guides.

How Online Retailers are Fighting Back Against Credit Card Fraud

Claire James
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0
How Online Retailers are Fighting Back Against Credit Card Fraud

At one point, eCommerce companies seldom had to worry about card fraud personally impacting them. While they might occasionally have to deal with someone stealing another individual’s credentials and sending out unauthorized orders, these events were uncommon enough that they normally amounted to a rounding error when tallying up a year’s worth of receipts. Now, however, fraudulent payments are becoming such a serious issue that quite a few small business owners are feeling the pinch.

Due in no small part to the sheer level of commerce that takes place online today, credit card fraud is one of the fastest growing reasons for canceled orders online. The Dedicated Card and Payment Crime Unit of the London police force is believed to have prevented around £85 million worth of credit card fraud in the first half of this year alone. Those wishing to fight back against the problem have come up with some creative ways of doing so.

Protecting a Business Against Credit Card Fraud

When it comes to stopping fraudulent purchases, most of the resources for doing so are geared toward protecting consumers. That’s forced business owners to invent their own methods of striking back. One of the most popular has been to attempt to dramatically increase sales in order to offset any losses that one incurs as a result of fraud. Those who have sufficiently high sales can still write off returned purchases made as a result of unauthorized transactions, so it might make sense to increase marketing efforts.

Others have tried to implement a waiting period after someone purchases something before goods are shipped, but this is unwise in most industries. Consumers are expecting faster fulfillment times, so this generally isn’t an option. Enforcing a strong password policy may be a better way of dealing with the issue, since fraudsters are unlikely to want to fill in proper account details like a regular consumer might.

Something as simple as a basic captcha can actually reduce the risk of someone making an errant purchase, because a growing percentage of fraud is carried out by bots. With a 146 percent increase in automated fraud over the last year, online store owners are quickly taking note. Humans can normally pass these tests with a relatively high degree of accuracy, but it’s more difficult for bots to do so.

Those who are just getting into the business are taking advantage of their unique situation.

Building a Fraud-proof eCommerce Platform

There’s no such thing as a truly fraud-proof store, but monitoring services have helped to improve the position of many places for some time now. Quite a few people are investing in a form of enhanced fraud insurance, which is a step up from these conventional plans. New store owners can enter into a service contract when they first open up their business, and it can then grow with them as time passes. They’ll normally receive analytic data that may help them to figure out the time when fraud is most likely.

Entrepreneurs who are just learning how to start an online store may want to read up on the latest version of every piece of back-end software they plan to deploy in their platform. By making sure that they have all of their software updated from the beginning, there’s less chance that someone can create accounts automatically with which to place orders using stolen credit card numbers.

They will, however, have to be vigilant about installing updates later on.

Keeping a Platform Safe

In some ways, the current situation resembles an arms race where bad actors are constantly coming up with new ways to circumvent these protections. Some are resorting to an automatic form of advertising fraud to generate money, which they then use to make unauthorized purchases. A few business owners are even finding that some of their payments are being sent back as the result of a credit freeze.

The good news is that those who are starting an eCommerce store today might not have the visibility necessary to fall victim to fraudulent purchases made by those who have stolen credentials. However, as a company becomes more popular the risks of this happening increase exponentially. Those who are starting to see dramatically increased sales will want to take some extra steps to ensure that all of the purchases that are made on their site are indeed from a real buyer.

A little increased marketing to offset losses might not hurt either.

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  • the-open-networkToncoin (TON) $ 3.22 0.17%
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