Fraud

5 Ways Retailers Can Prepare for Online Fraud Before the Holiday Rush
August 27, 2015 at 12:02 pm

There are still several weeks of summer fun, but consumers are already fast-forwarding to the winter months and starting their holiday shopping. In fact, several retailers have already started offering holiday deals to beat the November and December rush. For example, Amazon.com launched Prime Day in July, and consumers ordered more than 34.4 million items,…

How to Combat Fraud in International Markets
August 11, 2015 at 2:15 pm

Last year, China overtook the U.S. as the world’s largest economy. That milestone drew attention to the explosion of online retail sales in China, which had built up speedily over a number of consecutive years of significant growth. In 2014 alone, Chinese online retail sales grew 50 percent to reach $450 billion. Despite these impressive…

$7,800 Fakes Spur Retailers to Fight Online Fraud
July 27, 2015 at 3:47 pm

It took luxury-goods makers about a decade to realize that the internet represented an opportunity. Now, they’re finally figuring out it’s also a threat. As companies from LVMH Moet Hennessy Louis Vuitton SE to Kering SA increasingly sell online, top brands are stepping up efforts to combat web sales of counterfeit and grey-market goods. Gucci…

Accept Mobile Payments, Prevent Mobile Fraud
July 15, 2015 at 3:57 pm

The freshness of mobile transactions has become both an asset and a pitfall. Mobile payments are on the rise. The ease of use and excitement of convenience allow for shoppers to feel differently about spending money. The ability to use an app on their cellphone that's already in their hand makes making payments not only…