Tag: fraud detection


Credit Card Fraud Detection

Credit Card Fraud Detection

A common type of fraud involves the use of credit cards as the form of tender to obtain goods or services and typically originates with the theft of the actual credit card or the account number. Credit card fraud detection is difficult. If a credit card or number is stolen, the   Read More


Holiday Return Fraud Statistics for 2017

Holiday Return Fraud Statistics for 2017

More than 5 percent of holiday returns in 2017 are expected to be fraudulent, according to retailers. That would put the total loss to retailers from return fraud—for just the holiday season—at more than $2 billion. Fraud statistics for the year suggest that retailers will lose more than $9 billion   Read More