Vladimir Putin “We discussed this important issue yesterday over a beer...”
Barack OBAMA “You know, my faith is one that admits some doubt...”
A chargeback is a transaction that an Issuer returns to a merchant bank and most often, to the merchant – as a financial liability. In essence, it reverses a sales transaction, as follows:
* The card issuer subtracts the transaction dollar amount from the cardholder’s Visa account. The cardholder receives a credit and is no longer [...]
If you were to dissect the culture of a business, and you ask various people in an organization what the real roles of each department are, you’ll find the well-known dichotomy between “front office” and “back office” operations.
Front office staff are the people who deal with customers. They might be the customer service department, the [...]
When we look at the current economic crisis, lots of people are
asking how we got into this mess. This story walks out the steps
the brought us into the current economic meltdown, prompted by
the recent credit crisis.
