Fraud

Questions Every Merchant Should Ask Before Using Their E-Commerce Platform's Fraud Protection
September 26, 2018 at 9:21 am

As fraudsters continue to target online retailers, more e-commerce platforms are offering fraud protection to screen their merchantsโ€™ transactions. In some cases, these programs offer to cover the cost of completed fraud and handle chargeback disputes. But is platform-based protection all that merchants need to protect their revenue and maintain customer relationships in an environmentโ€ฆ

Brand Counterfeiting Shows No Sign of Slowing Down
September 25, 2018 at 8:53 am

Today, itโ€™s harder than ever for brands to protect themselves from occurrences of counterfeiting and brand infringement. The rise in online shopping, proliferation of social media channels, and the global nature of business has opened the door to a whole host of new avenues of exploitation. In fact, according to recent research conducted by MarkMonitor, almostโ€ฆ

E-Commerce Fraud Reaches an Alarming New Normal
August 3, 2018 at 8:59 am

With Amazon Prime Day concluded and the holiday shopping season on the horizon, online merchants are searching for ways to generate additional traffic and sales. The potential benefits are limitless โ€” as long as e-commerce companies can distinguish between genuine customers and thieves trying to hide out among the masses. While attack rates typically increaseโ€ฆ

How AI Can Help Prevent Fraud and Save Retailers Millions
June 27, 2018 at 11:15 am

One of the most pressing concerns that keeps retail professionals up at night is how to combat fraud. Retailers could lose upwards of $71 billion from fraudulent online transactions over the next few years, yet some executives feel that publicly acknowledging a fraud issue would harm their brand. As a result, there's a lack ofโ€ฆ

Think Like a Fraudster: 3 Retail Fraud Trends You Need to Know Now
May 17, 2018 at 11:19 am

2016 was a banner year for e-commerce growth and 2017 followed the same upward trend. However, with that growth also came an uptick in online fraud, requiring retailers to act fast to save their bottom lines and protect customers. Radialโ€™s 2017 Fraud Index Report identifies emerging trends retailers should be aware of as they workโ€ฆ

Fighting E-Commerce Fraud
May 4, 2018 at 1:50 pm

In this week's episode of Retail Right Now, Total Retail's Caitlin Sullivan and Joe Keenan discuss how Visa's new chargeback rules will impact merchants, as well as the growing threat that e-commerce fraud poses to their businesses.

How Visa's New Chargeback Rules Will Help Merchants Fight E-Commerce Fraud
May 1, 2018 at 10:42 am

April 15 was a big day for American taxpayers and a big day for merchants and card issuers, too. That's the date when Visa rolled out its new worldwide dispute management process, Visa Claims Resolution (VCR). It's a major overhaul of the way Visa accepts, processes and tracks chargebacks, and it's been live in Newโ€ฆ

Hudson's Bay Confirms Data Breach at Stores Including Saks, Lord & Taylor
April 2, 2018 at 12:02 pm

Hackers stole information for more than 5 million credit and debit cards used at certain Saks Fifth Avenue, Saks Off 5th and Lord & Taylor stores. Hudson's Bay Company (HBC), which owns the retail chains, confirmed the breach Sunday, and said it has "identified the issue, and has taken steps to contain it." In theโ€ฆ

Chargebacks Are Causing Headwinds for Online Retailersโ€™ Growth and Success
March 27, 2018 at 11:11 am

When last yearโ€™s record-breaking online sales are combined with higher card-not-present (CNP) fraud, a picture begins to form that illustrates an industry under attack and struggling to adapt to todayโ€™s new fraudulent reality. Fraud, once considered the cost of doing business by merchants, is now so prevalent that if not contained, it can influence profits, damageโ€ฆ