Tag: fraud prevention


E-commerce Credit Card Fraud: The Growing Challenge

E-commerce Credit Card Fraud: The Growing Challenge

Just as the word “e-commerce” has come to refer to a menagerie of different specialized markets, so e-commerce credit card fraud comes in many different guises. As the great pace of retail evolution dictates that retailers’ transaction processes are constantly changing, so the frauds change with them.

In a bid to   Read More


LPM Insider’s Top 5 Retail Fraud Articles of 2017

LPM Insider’s Top 5 Retail Fraud Articles of 2017

The Latest Credit Card Fraud Statistics and Insights
Credit card fraud statistics reveal that online and card-not-present fraud is expected to increase in the coming years.

By Kelsey Seidler

Despite the introduction of more secure chip technology (also known as Europay, Mastercard, and Visa, or EMV technology), credit card fraud remains a concern   Read More


Old Expense Report Fraud Scheme Has Worsened With Time

Old Expense Report Fraud Scheme Has Worsened With Time

Reviewing current and historical fraud data reveals an implausible finding: despite the refinement of company fraud prevention programs and a corresponding sophistication in employee fraud schemes, the old bogus expense report is a bigger problem now than 16 years ago.

Semi-annual surveys conducted by the Association of Certified Fraud Examiners (ACFE)   Read More


How Much Do You Know about Credit Card Fraud?

How Much Do You Know about Credit Card Fraud?

Credit card fraud is defined by Wikipedia as “a wide-ranging term for theft and fraud committed using or involving a payment card, such as a credit card or debit card as a fraudulent source of funds in a transaction. The purpose may be to obtain goods without paying, or to   Read More