Tag: debit card fraud
While effective in driving sales, gift cards have also caused fraud headaches for retailers for years. Gift card fraud can range from physical theft to gift card cloning to exploiting errors on the merchant side. One newer gift card scam involves gift card cloning.
To clone a gift card, thieves steal Read More
Credit Card Fraud: Two Scams LP Should Know About
The retail industry is particularly affected by the crime.
In our tech-focused age, credit card (and debit card) fraud continues to be one of the most common and fastest growing types of crime. Because the retail industry relies so heavily on credit transactions, Read More
In our tech-focused age, credit card (and debit card) fraud continues to be one of the most common and fastest growing types of crime. Because the retail industry relies so heavily on credit transactions, it is particularly affected. It’s likely that everyone reading this article has either been the victim Read More
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NRF/Forrester Survey on EMV
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Reducing credit card and debit card fraud by implementing EMV chip card acceptance has become retailers’ top payment issue in 2016, but retailers are also busy with new data security enhancements such as point-to-point encryption and tokenization to better protect payment card data. That’s according to a new study released Read More
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Retail Theft Fencing Operation Busted
Gang Members Suspected of Fraud Read More
There has been much written over the past several years about the new connected consumer. Pressure on retailers may never be greater to deliver on demands to provide better service, more educated sales associates, and merchandise available anytime, anywhere.
The way customers choose to shop is evolving as well. Show-rooming is Read More
2014 was a year where retail data breaches dominated retail news and changed the corporate landscape of many retail organizations. The phrase, “It’s not if you will have a breach, but when you learn that you’ve had a breach” became common language for retail loss prevention departments across the country. Read More