As online commerce continues to surge, chargeback fraud victimizes more and more retailers. Experts report that chargebacks will cost merchants over $100 billion in 2023, and false claims and abuse of ...
BASINGSTOKE, England--(BUSINESS WIRE)--A new study from Juniper Research has found that the value of losses due to eCommerce fraud will rise this year, from $17.5 billion in 2020 to over $20 billion ...
Lax return policies and lenient fraud prevention measures are fueling a surge in ecommerce fraud, ultimately burdening consumers with higher prices and diminished trust in online shopping. Ecommerce ...
The fifteenth edition of its annual LexisNexis True Cost of Fraud Study: E-commerce and Retail Report – US and Canada Edition reveals merchants pay nearly $5 in costs for every $1 they are defrauded.
Artificial Intelligence (AI) is fuelling the sophistication of attacks across the electronic commerce or ecommerce ecosystem with the use of deepfakes to defeat verification systems being a key threat ...
In the fast-paced world of ecommerce, fraud is evolving at an alarming rate, meaning many companies struggle to stay ahead of online fraud and abuse. This problem is never more acute than during ...
The threat of fraud is significant, persistent and ever-changing, and an unfortunate reality for online merchants trying to grow revenue. Sophisticated and organized fraudsters are patient enough to ...